Why Polynesia does not have the euro: The main reason is that Polynesia is a French overseas territory and therefore it is part of the euro zone. However, it does not have the euro as its official currency as it uses the Polynesian franc, a currency linked to the CFA franc.
Polynesia is an archipelago located in the South Pacific Ocean, made up of 118 islands and atolls spread over 5 archipelagos. French Polynesia has 270,000 inhabitants, half of whom live in Tahiti, the capital. French Polynesia is part of the euro zone, but does not use the euro as its official currency. It uses the Polynesian franc, which is linked to the CFA franc.
Polynesian franc coins are identical to euro coins, but bear the inscriptions “Polynesian Franc” and “French Polynesia”. Polynesian franc banknotes are the same as those in euros, but bear the inscriptions “Polynesian franc” and “French Polynesia”.
The Banque de France fixes the exchange rate of the Polynesian franc per euro. On average, 1 euro is equivalent to 119.33 Polynesian francs.
The monetary specification in Polynesian francs is as follows:
– The coins and banknotes are the same as those in euros;
– The inscriptions on coins and banknotes are “France Polynésie” and “French Polynesia”;
– The Banque de France fixes the exchange rate.
Why does Tahiti belong to France?
Tahiti is an island located in the South Pacific Ocean, approximately 8,000 kilometers from France. It enjoys a tropical climate and a varied landscape, with mountains, white sand beaches, turquoise lagoons and lush forests. Tahiti is a very popular travel destination because it offers everything the traveler could want: a pleasant climate all year round, amazing landscapes, a rich and welcoming culture.
The discovery of Tahiti by Europeans is a very interesting story. The first time that Tahiti is mentioned in European writings is in the logbook of the Spanish navigator Alvaro de Mendaña, in the year 1595. Mendaña and his crew were the first Europeans to see the island, but they did not didn’t stay long and didn’t leave. they follow. to his offspring. In 1767, the British navigator Samuel Wallis discovered Tahiti and established the first contact with the inhabitants of the island, the Tahitians. Wallis and his crew are impressed with what they see and describe Tahiti as “heaven on earth”.
In 1768, the French navigator Louis Antoine de Bougainville came in turn to Tahiti. He was the first European to settle there and founded a colony there. Tahiti then became a French possession and remains so to this day. Tahitians became French citizens in 1946 and Tahiti became an overseas territory of France in 1957.
Tahiti, a French island in the Pacific
Tahiti is a French island located in the Pacific Ocean. It consists of two main islands, Tahiti Nui and Tahiti Iti, and several secondary islands. Tahiti is one of the most beautiful islands in the Pacific Ocean, with its white sand beaches, turquoise lagoons and verdant mountains.
Discover Tahiti in several pieces. The local currency is the Pacific franc (XPF). 1 XPF corresponds to the exchange rate of 0.010 euro. The most common banknotes are 500, 1000, 5000 and 10,000 XPF. Tahiti is an all-season island. Temperatures are pleasant throughout the year, fluctuating between 20 and 30 degrees.
Tahiti has many characteristics. There are palm trees, coconut trees, hibiscus and bougainvillea. There are coconut trees on the white sand beaches. Exotic fruits and vegetables are abundant. Tahitian cuisine is delicious and varied.
The technical characteristics of Tahiti are as follows: area: 4,045 km2; population: 270,000 inhabitants; official language: Tahitian; Currency: Pacific franc.