Foreign Exchange Guide to French Polynesia
In this guide we review :
- CFP franc info - general info about the CFP franc
- CFP franc in the markets - recent XPF moves and predictions from the FX markets
- Travelling in French Polynesia - currency & money saving tips
- Buying CFP franc cash online - travel money for French Polynesia
- Sending money to French Polynesia - save on CFP franc bank transfers to French Polynesia
- CFP franc exchange rates - latest info & charts.
CFP franc (XPF) general currency information
The CFP franc (XPF) is the currency of four French overseas collectives (collectivités d'outre-mer, or COM) that include French Polynesia, New Caledonia and Wallis and Futuna. The CFP franc is also referred to as the franc pacifique since it is used in the Pacific Ocean region. The initials CFP originally stood for Colonies Françaises du Pacifique (“French colonies of the Pacific”). As with the old French franc the CFP franc is broken into subunits called centimes.
CFP franc (XPF) in the markets
The chart below shows the XPF to USD exchange rate for the previous 3 months with rate alerts for days when the exchange rate moved up or down significantly or for 30 day highs and lows.
Currency and money saving tips for French Polynesia
The CFP franc is also referred to as the franc pacifique since it is used in the Pacific Ocean region. The initials CFP originally stood for Colonies Françaises du Pacifique (“French colonies of the Pacific”). As with the old French franc the CFP franc is broken into subunits called centimes.
French-Polynesia is a tropical paradise, the very image of those huts on stilts by blue lagoons and palm trees. This, and the fact that its popular with movie stars and people celebrating special events, makes it a bit more on the expensive side to travel through. Getting to/from the French-Polnesia isn’t cheap, with flights from Chile costing almost 55,000 XPF, round trip. Once there, if you hope to see a few of the islands a good idea is to get an island hopping air pass. These vary in price according to which islands you want to visit but start at around 36,000 XPF from Air Tahiti.
There is a bank and ATM The bank and ATM at Faa'a International Airport so you can exchange or withdraw money when you arrive. Hotels also exchange currency but at a much worse rate. However, most credit cards a widely accepted across most islands so you wont have withdraw huge amounts at any one time. Although once you get to the smaller, more isolated atolls such as Manihi and Fakarava, you will most likely need to carry cash for the stores, restaurants and pensions located away from the major resorts.
French Polynesia Trip Checklist
Travel money for French Polynesia
Save money and time by Ordering your CFP franc online from Travelex, you get better rates and can pick up the XPF cash locally or even on travel day at the airport.
Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.
For card purchases if offered a choice of currencies always select to Pay in CFP franc otherwise you may get much worst exchange rates.
Travel Money for French Polynesia
Sending money to French Polynesia
When sending money to French Polynesia it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 3 simple steps :
- Open an account with a BER reviewed FX provider (id docs may be required)
- You specify the local or CFP franc amount you want to transfer
- Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
- Once your funds are received by the provider the converted XPF amount will be transfered to the recipient account you specify in French Polynesia.
Bank Transfers to French Polynesia
By comparing the rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more CFP franc deposited into the recipient bank account in French Polynesia and less margins and fees kept by the banks!