What does CFP stand for currency?

What does CFP stand for currency?

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,” due to its use in the Pacific Ocean region. Currently, the CFP franc is pegged to the euro at a rate of 1 EUR = 119.332 XPF.

Where is CFP used?

The CFP franc (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….

CFP franc
Issuance
Central bankInstitut d’émission d’Outre-Mer (IEOM)
Website
Valuation

What does XPF mean in Bora Bora?

French Pacific Franc
The currency used in French Polynesia is the French Pacific Franc, abbreviated XPF or CFP. Denominations are available in 1/2/5/10/20/50 and 100 coins, and 500/1,000/5,000 and 10,000 bills.

What currency does Bora Bora use?

French Pacific franc
The official currency of Bora Bora is the French Pacific franc (CFP). One U.S. dollar is equivalent to approximately 103 CFP.

What is the US dollar worth in Bora Bora?

In the French Polynesian Islands, including Bora Bora, they use the Pacific Franc which has the code XPF. If you go to a currency conversion website like XE you will be able to get an accurate rate for today. As a rough guide $1USD is about 90XPF.

How much is a meal in Bora Bora?

How much are the Bora Bora food prices? Dinner entrees (main courses) cost between $30 and $70, depending on whether you choose pasta or lobster. Much of the seafood is flown in from elsewhere as the casual locals tend to just fish for themselves.

Can you live in Bora Bora?

While other tropical islands are known for their nightlife Bora Bora is a bit behind the times, though it is not impossible to find. About 4,000 people inhabit the island of Bora Bora. French and Tahitian are the main languages spoken on the island, though most inhabitants have a command of the English language.

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