If you’re traveling to Tahiti and have no idea what the currency is, read on! Tahiti uses the CFP franc, which is also used in French Polynesia and the other French overseas territories. The CFP stands for coloniales françaises du Pacifique, but later became the Communauté financière du Pacifique. Also known as the “Change franc Pacifique”, the CFP franc is the main currency in Tahiti.
The official currency of Vanuatu is the vatu. This currency is a single unit of value with no subdivisions. The lowest denomination is one vatu and the largest is one hundred. In 1982, the currency replaced the New Hebrides franc. It has a history of being used in Tahiti and is still commonly used today. It has been derived from the indigenous words “patu” and “batu,” which come from the Proto-Oceanic *patu.
The Vanuatu currency was first introduced in 1982. It comes in coins of one, five, and ten vatu. In 1985, a hundred vatu coin replaced the 100 vatu note. In 1988, the 50-vatu coin was replaced by a 100 vatu coin. In 1989, the Reserve Bank of Vanuatu began issuing paper money. Since then, it has adopted new designs for both the 1, two, and five vatu coins. In 1995, it began issuing coins with denominations of 200 vatu.
The French Oceania franc is the currency of French Polynesia. It was introduced as part of French Oceania in 1949. In addition to its currency, the island nation issued three different francs – the French Polynesian franc, the New Caledonian franc, and the Vanuatu vatu. The New Hebrides franc had a different history, and it was eventually replaced by the Vanuatu vatu in 1982.
Visiting Vanuatu is a popular destination on cruise ships, so Australian dollars are commonly accepted in most shops. But, the exchange rate may be low, so it’s advisable to exchange your AUD into local cash before you travel to Vanuatu. In remote islands, many businesses only accept cash, and you’ll often run out of cash. And, because there are very few money changers or ATMs, it’s a good idea to have enough cash in hand to purchase the necessities you’ll need during your stay.
The Central Pacific Franc (CFP) is the currency of Tahiti and many other overseas Pacific communities. It is issued by the Overseas Emission Institute and is pegged to the Euro. The currency is widely accepted in French Polynesia and the Pacific Ocean. The currency is also accepted in New Caledonia and Wallis and Futuna. Listed below are some things to consider when purchasing CFP travel money.
The simplest way to obtain cash in Tahiti is through an ATM (called a billetterie in French). These are also known as cashpoints or cash machines. Banks are widespread on the main islands. Most tourist islands have at least one bank agent. However, some of the smaller islands don’t have any banking facilities. The currency is accepted in most post offices, but ATMs are not widespread in these locations.
CFP Franc is the official currency of French Polynesia. It is divided into 100 centimes and is used in the Pacific Ocean region. You can also use Australian dollars if you’re travelling with a cruise ship. However, you should check the exchange rates beforehand. Some businesses also accept Australian dollars. Be aware that these exchange rates will change your final cost. You may want to exchange money at the airport or in the bank.
The Central Pacific Franc (CFP) is used by French overseas collectives. It was later changed to the Pacific Financial Community or French Pacific Banking agreement. The currency code for CFP is XPF, while the symbol for the currency is F. For instance, a currency note of 10,000 CFP is equivalent to approximately 83.8 Euro. Tahiti is one of the largest economies in the South Pacific. GDP per capita is 3.1 million CFP Francs in 2009, with construction making up 12% of the economy.
The CFP franc was introduced in December 1945, and was initially pegged to the US dollar. The CFP franc was used in the French Pacific possessions from 1945 to 1959. In 1960, the French franc was redenominated, with each old franc equaling one new franc. Since that time, the CFP franc has been fixed against the euro.