: None (unincorporated territory of the United States)
: English (de facto)
: en
: United States Dollar
: USD
Navassa Island is a small, uninhabited island in the Caribbean Sea, located approximately 40 nautical miles west of Haiti’s Tiburon Peninsula. It is administered by the United States as an unincorporated territory under the U.S. Fish and Wildlife Service. The island is subject to an ongoing territorial dispute between Haiti and the United States.
: USD
: Dollar
: Dollars
: 1 Dollar = 100 cents
: Cent
: Cents
: The U.S. dollar has been used since the U.S. claim on the island in 1857.
: United States Mint (various facilities)
: United States Department of the Treasury
: 1, 5, 10, 25, 50 cents; 1 dollar coins
: 1, 2, 5, 10, 20, 50, 100 dollars
:
Coins feature portraits of U.S. presidents and national symbols such as the bald eagle.
Banknotes feature portraits of historical American figures and national monuments.
: Active and official currency used in all U.S. territories including Navassa Island.
The United States claimed Navassa Island in 1857 under the Guano Islands Act of 1856, allowing U.S. citizens to claim unoccupied islands with guano deposits.
Haiti disputes the claim, citing historical proximity and constitutional claims since 1801 and 1874.
The U.S. President James Buchanan issued an Executive Order in 1858 supporting the American claim.
Navassa Island has been maintained as a U.S. territory since then, with administration shifting from the U.S. Coast Guard (1917–1996) to the Department of the Interior’s Office of Insular Affairs.
The island is uninhabited and has no local economy; the U.S. dollar has been the currency in use since the American claim.
Navassa Island has no permanent population or economic activity beyond limited fishing rights.
There is no local monetary issuance or banking system; all transactions are conducted using the U.S. dollar.
The island is designated as a wildlife refuge and marine sanctuary, limiting commercial activities.
: United States Department of the Treasury
: Currency use governed by U.S. federal law and regulations.
: None specific to Navassa Island; U.S. commemorative coins exist nationally.
: U.S. Secretary of the Treasury and Treasurer of the United States.
: U.S. presidents, founding fathers, national monuments.
Currency | ISO Code | Status | Circulation Period | Issuing Authority | Main Denominations |
---|---|---|---|---|---|
United States Dollar | USD | Active | Since 1857 (on Navassa) | U.S. Department of the Treasury | Coins: 1c, 5c, 10c, 25c, 50c, $1 Banknotes: $1, $2, $5, $10, $20, $50, $100 |
This report provides a complete financial history of Navassa Island, which, as an uninhabited U.S. territory, uses the United States dollar exclusively as its official currency, without any local currency issuance or monetary system.
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