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An ordinance of 15 September 2021, which entered into force on 26 February 2022, defines the name CFP franc as le franc des collectivités françaises du Pacifique (lit. ' the franc of the French Communities of the Pacific ' ).
Le franc Pacifique, officiellement le franc des collectivités françaises du Pacifique [1], ou simplement appelé franc dans l'usage courant, est, avec l'euro, une des deux monnaies officiellement utilisées au sein de la République française. Également connu sous le nom de franc CFP (Change Franc Pacifique, anciennement Colonies ...
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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. The initials CFP originally stood for Colonies françaises du Pacifique ("French colonies of the Pacific") but now officially stand for Change Franc ...
Feb 3, 2024 · The CFP franc, symbolized as F and referred to as the Central Pacific franc, serves as the official currency primarily in French Polynesia. Its denominations include bills in increments of 500, 1,000, 5,000, and 10,000, accompanied by coins in 1, 2, 5, 10, 20, 50, and 100 increments.
Oct 19, 2022 · CFP stands for Central Pacific franc and is also known as the “franc Pacifique.” The CFP is part of a currency union. This is when countries unite under a single currency or peg...
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 26, 2023 · The CFP Franc (XPF) is the currency used in French Polynesia, New Caledonia, Wallis and Futuna, and other overseas French territories in the Pacific region. Created in 1945, the CFP Franc has maintained a stable exchange rate with the Euro, providing economic stability to the region.
