CFP Franc

Also known as Pacific Franc, Franc Pacifique, XPF, franc

currency used in the French overseas collectivities of French Polynesia, New Caledonia, and Wallis and Futuna

Key facts

Code: XPF (numeric: 953 )
Symbol: F ‎
1 100: centime
Banknotes: F 500 , F 1,000 , F 5,000 , F 10,000
Coins: F 5 , F 10 , F 20 , F 50 , F 100 , F 200
User s: French Polynesia New Caledonia Wallis and Futuna
Central bank: Institut d'émission d'Outre-Mer (IEOM)
Website: www .ieom .fr
Inflation: 0% (French Polynesia 2015 est.), 1.9% (New Caledonia 2017 est.)
Source: The World Factbook
Pegged with: F 1,000 = € 8.38

via Wikipedia infobox

~10 min read

Encyclopedic overview

The CFP franc (French: Franc pacifique, called the franc in everyday use) is the currency used in the French overseas collectivities (French: collectivités d'outre-mer, or COM) of French Polynesia, New Caledonia, and Wallis and Futuna. The initials CFP originally stood for colonies françaises du Pacifique (lit. 'French colonies of the Pacific') but since 2022 is officially Collectivités françaises du Pacifique (lit. 'French Communities of the Pacific'). Its ISO 4217 currency code is XPF. The CFP franc is subdivided into 100 centimes, although there are no centime denominations. The currency is issued by Institut d'émission d'outre-mer (IEOM).

History

Excerpted from Wikipedia’s “CFP Franc” article, available under the CC BY-SA 4.0 licence.