Tuvalu dollar is the official currency of Tuvalu, a small island nation situated in the Pacific Ocean. Synonyms for Tuvalu dollar include the Tuvaluan dollar, Tuvalean dollar, and Tuvaulan dollar. The currency is abbreviated as TVD, and its ISO code is AUD. The Tuvalu dollar is pegged to the Australian dollar, and its value is determined based on this currency. While the Tuvalu dollar is not widely traded outside of Tuvalu, it serves as a means of exchange on the island and is used for both cash and electronic transactions. Overall, the Tuvalu dollar allows the country to function as an independent and self-sustaining sovereign nation.