CHRISTMAS ISLAND and its Currency
Hi everyone, welcome to my video blog post titled CHRISTMAS ISLAND and its Currency. In this post, I'm going to tell you some amazing facts about this beautiful island and its money. Let's get started!
Christmas Island is a small Australian territory in the Indian Ocean, about 350 km south of Java and 2600 km northwest of Perth.
It has a population of about 2000 people, mostly of Chinese, Malay, and European descent.
The island is famous for its natural wonders, such as the annual red crab migration, the diverse wildlife, and the stunning coral reefs.
The history of Christmas Island is quite fascinating. It was named by Captain William Mynors, who sailed past it on Christmas Day in 1643.
However, it remained uninhabited until the late 19th century, when phosphate mining began.
The island was annexed by Britain in 1888 and transferred to Australia in 1958. It has been a popular destination for tourists, scientists, and refugees ever since.
The present status of Christmas Island is that it is a self-governing territory of Australia, with its own local government and laws.
It is also part of the Commonwealth of Australia and uses the Australian dollar (AUD) as its currency. The island has a tropical climate, with a wet season from November to May and a dry season from June to October.
The main economic activities are tourism, phosphate mining and immigration detention.
The currency of Christmas Island is the Australian dollar (AUD), which is divided into 100 cents. The AUD is one of the most traded currencies in the world and has a strong value against other major currencies.
The AUD banknotes come in denominations of 5, 10, 20, 50, and 100 dollars, and feature portraits of famous Australians and iconic images of the country.
The AUD coins come in denominations of 5, 10, 20, and 50 cents, and 1 and 2 dollars, and depict various animals and symbols of Australia.
The old currency of Christmas Island was the Malayan dollar (MYR), which was used from 1906 to 1953.
The MYR was pegged to the British pound sterling and had a similar design to the Singapore dollar. The MYR banknotes came in denominations of 1, 5, 10, 50, and 100 dollars, and featured the portrait of King George VI and various scenes of Malaya.
The MYR coins came in denominations of 1, 5, 10, 20, and 50 cents, and depicted the coat of arms of Malaya and various plants and animals.
I hope you enjoyed this video blog post about Christmas Island and its currency. If you want to learn more about this amazing place, you can visit its official website or check out some of the links below. Thanks for watching and see you next time!
