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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 CFP franc (usually just called franc) is the currency used in some of France's overseas colonies ( French Polynesia, New Caledonia and Wallis and Futuna ). It was created in December 1945.
On 22 December 2019, it was announced that the CFA franc would be replaced in 2020 by an independent currency to be called Eco. [4] A separate ( franc CFP) circulates in France's Pacific territories, worth €0.0084 (formerly 0.055 French franc).
Oct 19, 2022 · The CFP franc (XPF) is the official currency of French Polynesia and its neighboring French protectorates. CFP stands for Central Pacific franc and is also known as the “franc Pacifique.”
Feb 3, 2024 · The CFP franc (XPF) is the official currency for French Polynesia and neighboring French protectorates. Introduced in 1945, the CFP franc aimed to protect French colonies from the post-World War II devaluation of the French franc.
Sep 20, 2022 · The CFA franc, backed by the French treasury and pegged to the euro, refers to both the Central African CFA franc and the West African CFA franc, and it's accepted in 14 member...
Oct 26, 2023 · A Currency with a Stable Exchange Rate. One of the key features of the CFP Franc is its stable exchange rate. It is pegged to the Euro at a fixed rate of 1 Euro to 119.3317 XPF. This fixed exchange rate ensures a reliable value for the currency and allows for easier trade and financial transactions within the Pacific region.
