To celebrate their new headquarters, the Reserve Bank of Vanuatu has released a set of coins illustrating their historic development into independent banking through the growth of the building itself.

Vanuatu is an archipelago based in the South Pacific. It was first inhabited by Melanesian people but Europeans began to settle in the area in the late 18th century.

In the 1880s France and the United Kingdom claimed parts of the country and in 1906 they agreed on a framework for jointly managing the archipelago as the New Hebrides through a British-French Condominium.

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History changed forever on the 4th November 2008. Barack Obama became the first African American to become President of the United States of America.

After a long campaign, which started in February 2007, during which his battle for presidency was doubted at some points by his opponent John McCain victory prevailed, inspiring hope in people, not just in America but all over the world. Barack Obama was sworn into office on 20 January 2009. Read the rest of this entry »