CFP-Franc

8.38 EUR = 1,000 XPF (fix)

1 EUR = 119.33 XPF 1000 XPF = 8.38 EUR

1 CHF = 97.53 XPF 1000 XPF = 10.2529 CHF

The CFP Franc (originally franc des Colonies françaises du Pacifique ( " Franc of the French Pacific Territories ," today only for short), ISO code XPF ) since December 1945, the currency in the French overseas territories ( territoires d' outre- mer) French Polynesia, New Caledonia and Wallis and Futuna. Until 1965, issued by the Banque de l' Indochine banknotes ran around.

The parity is set to launch on December 26, 1945 the first to 2.40 French francs ( CHF ). December 17, 1948 we were upgraded to 5.50 Fr. Since January 1, 1959 was 1000 XPF = 55 new francs. The CFP franc is pegged to the euro at a price of 1000 XPF = 8.38 EUR. This course is changeable by France when needed.

In circulation are banknotes to 10,000, 5000, 1000 and 500 francs, and coins to 100, 50, 20, 10, 5, 2 francs, 1 franc. New Caledonia and French Polynesia each have their own designs on the coins; Wallis and Futuna used coins from New Caledonia.

Since President Jacques Chirac had given its approval in 2005 to replace the 2007 CFP franc by the euro - if the three affected territories themselves would agree - was discussed concretely about it in the affected areas. Already in January 2006 approved French Polynesia the introduction of the euro. Wallis and Futuna want the decision of New Caledonia connect, but there is no consensus has been found to date is still on the topic discussed (as of 2010 ).

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