What does lati mean?
The lati is the official currency of Fiji, a Pacific island nation. It is divided into 100 cents and is widely used in the country. The lati is pegged to the Australian dollar and is accepted in most businesses and markets. The currency is named after the Latin word 'latere', meaning to lie on the side, which refers to the country's location in the Pacific. The lati is an important part of Fijian culture and economy, and it plays a significant role in the country's daily life. The currency is also used in some neighboring countries, and it is widely accepted in the region. The lati is a stable currency, and it is not subject to significant fluctuations in value. Overall, the lati is an important part of Fijian identity and economy, and it continues to play a vital role in the country's development.
nounA unit of currency in Fiji, equal to 100 cents.
- A unit of currency in Fiji, equal to 100 cents.
"The price of the souvenir was 10 lati."
"The price of the souvenir was 10 lati."
"The tourist exchanged her dollars for lati."
The plural form of lati is used to refer to multiple units of currency.
"The tourist exchanged her dollars for 10 latis."
Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.
Etymology of lati
The word 'lati' is derived from the Latin word 'latere', meaning to lie on the side. This refers to the country's location in the Pacific, where it lies on the side of the ocean. The currency was introduced in 1969, and it has been widely used in Fiji since then.
Usage notes
In Fiji, lati is the standard unit of currency, and it is widely accepted in most businesses and markets.