EXCHANGE AND BANKING

The local currency, the French Pacific Franc (CFP), is on a fixed parity with the Euro (1 EUR = 119.331 CFP). The official banking code is "XPF" but "CFP" is widely used here. You can see the current exchange rate on Yahoo: Click here

The exchange rate for other currencies fluctuates daily. Notes are issued in denominations of: 10.000,5.000,1.000 and 500 francs (CFP); and coins are: 100, 50, 20, 10, 5, 2 and 1 francs (CFP).

There are international banks in Tahiti, with branch offices in the resort islands of French Polynesia, including a bank at the Tahiti-Faaa International Airport.

Hotels will also exchange various currencies for CFP.

Major credit cards are accepted in most hotels, restaurants, boutiques and other tourist establishments. Automatic Teller Machines are available to withdraw cash. It is advisable to check with your credit card company at home if you have access to your account's funds from Tahiti.

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