The Pacific Franc is the currency used in several Pacific countries, including New Caledonia and the Wallis and Futuna Islands.
The Pacific franc is the currency used in several Pacific countries, including New Caledonia and the Wallis and Futuna Islands. This currency is issued by the Banque de France and is not convertible outside the franc zone. The Pacific franc is converted into euros at the rate of 1 euro for 119.33 XPF. New Caledonia and the Wallis and Futuna islands adopted the Pacific franc in 1983, following their independence from France. In the past, these regions used French currency. Vanuatu adopted the Pacific franc in 1989, but decided to replace it with a currency in 1993. French Polynesia adopted the Pacific franc in 1984, but decided to replace it with the CFP franc in 2002.
New Caledonia uses the Euro!
New Caledonia is an archipelago in the South Pacific that is part of France. The euro is the official currency of New Caledonia. The conversion of the CFP franc to the euro took place in 2002. New Caledonia has been using the euro since 2003. The islands of Wallis and Futuna and Vanuatu also use the euro, as they are part of the French Community. French Polynesia also uses the CFP franc, but its currency is different.
The Polynesian franc, the currency used in French Polynesia!
The Polynesian franc is the currency used in French Polynesia. It is divided into 100 cents. French Polynesia is made up of 5 archipelagos: Windward Islands, Leeward Islands, Marquesas Islands, Tuamotu and Gambiers. The Windward Islands include the islands of Tahiti, Moorea, Bora Bora, Raiatea and Huahine. The Leeward Islands include the islands of Maupiti, Tupai, Rangiroa, Fakarava and Makemo. The Marquesas Islands include the islands of Nuku Hiva, Ua Pou, Hiva Oa, Fatu Hiva and Tahuata. The Tuamotus include the islands of Rangiroa, Fakarava, Makemo, Tahanea, Manihi and Tikehau. The Gambiers include the islands of Mangareva, Akamaru, Aukena and Taravai.
French Polynesia is part of the franc zone, which also includes New Caledonia, the Wallis and Futuna islands and Vanuatu. The currency used in these areas is the Pacific franc, which is gradually being replaced by the euro. In French Polynesia, the conversion of the Polynesian franc to the euro took place on January 1, 2002.