French Polynesia / 0 Products

French Polynesia, an overseas collectivity of the French Republic, is situated in the South Pacific Ocean, comprising 118 islands and atolls. Its capital is Papeete on the island of Tahiti. Despite having its own government and president, French Polynesia maintains a unique political status within the French Republic, enjoying a high degree of autonomy while remaining under French sovereignty. French Polynesia’s official languages are French and Tahitian. The economy relies on tourism, agriculture, and fishing.

French Polynesia uses the CFP franc (Pacific Franc) as its official currency. The CFP franc is the currency shared by several French overseas territories in the Pacific, including French Polynesia, New Caledonia, and Wallis and Futuna. It is also used by the French territories in the Antarctic.

Before the introduction of the CFP franc, various forms of currency were used in French Polynesia. These included traditional forms of exchange and, later on, the French franc. The French franc became the official currency in French Polynesia when it was a French overseas territory. The use of the French franc continued until the establishment of the CFP franc.

The abbreviation "CFP" stands for "Colonies Françaises du Pacifique" (French Pacific Colonies) in French.The coins come in various denominations, including 1, 2, 5, 10, 20, 50, and 100 francs. The CFP franc is characterized by a fixed exchange rate with the Euro, which provides stability to the currency.

The CFP franc remains the official currency of French Polynesia. It is widely used for daily transactions, and its value is tied to the Euro.

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