Time Period: 1899-

Timeline

• 00.01.1900
• Ordinance of the colonial administration (on the Mariana Islands), bans the import of foreign coins except gold, demonetizes Spanish silver and copper coins; effective immediately
• 20.09.1900
• Governor's (of German New Guinea) ordinance, introduces the German accounting, German paper money and coins, as well as German-New Guinean coins were legal tender; effective immediately:
  - British Sovereign (AU) is admitted at 20.30 German Mark.
• 14.09.1906
• Governor's (of German New Guinea) proclamation of the German colonial monetary system (ordinance of 01.02.1905); effective on 01.10.1906:
  Rating of foreign gold coins: British Sovereign = 20 German Mark, 20 US Dollars = 80 German Mark.
• ??.11.1914
• Japanese conquest and subsequent introduction of the Japanese accounting and currency, no details known
• ??.08.1944
• US Military Governor's (of the Caroline Islands) proclamation [No. 6] on the introduction of the US Dollar; effective 01.09.1944:
  - Per person, cash up to 1'000 Japanese Yen was exchanged at a ratio of 1 : 20
  - Assets and excess cash amounts were frozen against receipts; the receipts were finally converted in 1956-1957 at the then official rate of 1 : 360.
• 09.07.1980
• Constitution of the Republic of Palau (without explicit mention of monetary system); effective immediately
• 10.01.1986
• Treaty [Compact of Free Association] between the United States and the Government of Palau (without explicit mention of monetary system); effective immediately