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    Currency in the French Southern Territories EUR - Things to know

    Foreign exchange guide to the French Southern Territories and the Euro

    French Southern Territories
     

    What currency is used in the French Southern Territories?

    The official currency of the French Southern Territories (country code: TF) is the Euro, with symbol and currency code EUR.

     

    Things to know about the Euro

    The euro (ISO: EUR) is involved in slightly more than 30% of all foreign exchange deals, and as such, is the world’s second most traded currency, behind the US dollar.

    The euro is the currency of the eurozone (officially called the ‘euro area’), which consists of 19 of the 28 member states of the European Union, and is used by almost 350 million Europeans. It was introduced in January 1999.

    Of all the thousands of exchange rates that exist in the world, the euro-to-US dollar exchange rate is the most actively traded, or most ‘liquid’.

    Since its introduction, the euro’s lowest value against the dollar came in October 2000 when EUR/USD hit lows of 0.8231. The currency was strongest in July 2008, shortly before the worst stage of the 2007-2009 financial crisis, when EUR/USD reached 1.6038.

    There are currently more than twenty nations and territories which peg their currencies to the euro, the largest of which is Denmark.

    The euro banknotes and coins

    The Euro is issued in banknotes of €5, €10, €20, €50, €100, €200, and €500, and in coins of 1 cent, 2 cents, 5 cents, 10 cents, 20 cents, 50 cents, €1, and €2.

    The banknotes feature images of historical and cultural figures from across the European Union, while the coins depict each member country's unique design. The design of the Euro banknotes and coins is intended to be easily identifiable and difficult to counterfeit.

    An example Euro banknote

     

    Travel money for the French Southern Territories

    Save money and time by Ordering your Euro online from Travelex, you get better rates and can pick up the EUR 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 Euro otherwise you may get much worst exchange rates.

     
     

    Travel Ideas and Money Tips for the French Southern Territories

    The French Southern and Antarctic Lands (French: Terres australes et antarctiques françaises, TAAF) is an overseas territory (French: Territoire d'outre-mer or TOM) of France. It consists of: Kerguelen Islands (Archipel des Kerguelen), a group of volcanic islands in the southern Indian Ocean, southeast of Africa, approximately equidistant between Africa, Antarctica and Australia; St. Paul and Amsterdam islands (Îles Saint Paul et Amsterdam), a group to the north of Kerguelen; Crozet Islands (Îles Crozet), a group in the southern Indian Ocean, south of Madagascar; Adélie Land (Terre Adélie), the French claim on the continent of Antarctica; the Scattered Islands (Îles Éparses), a dispersed group of islands around the coast of Madagascar. The territory is sometimes referred to as the French Southern Lands (French: Terres australes françaises) or French Southern Territories, usually to emphasize non-recognition of French sovereignty over Adélie Land as part of the Antarctic Treaty system.

    The territory has no permanent civilian population. Those resident consist of visiting military personnel, officials, scientific researchers and support staff.

     
       

    EUR/USD Market Data

    The below interactive chart displays the EUR/USD trend and UP DOWN HIGH LOW alerts

     
    1 EUR =
    1.0887We compare provider deals to this wholesale mid-market rate. Read more
    USD
     
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      1 USD = 0.9186 EUR   (Inverse rate)

     

    Frequently Asked Questions

    What currency should I use in the French Southern Territories?

    The domestic currency in the French Southern Territories is the Euro.

    What is the Euro currency code and symbol?

    The three letter currency code for the Euro is EUR — symbol is .

    Which countries use the Euro?

    It is the domestic currency in    Eurozone,   Aaland Islands,   Andorra,   Austria,   Belgium,   Croatia,   Cyprus,   Estonia,   Finland,   France,   French Guinea,   French Southern Territories,   Germany,   Greece,   Guadeloupe,   Vatican City,   Ireland,   Italy,   Luxembourg,   Malta,   Martinique,   Mayotte,   Monaco,   Montenegro,   Netherlands,   Portugal,   Reunion,   Saint Barthelemy,   Saint Martin,   Saint Pierre and Miquelon,   San Marino,   Slovakia,   Slovenia and Spain.

    Is the Euro a closed currency?

    No, the Euro is freely available and convertible. See guide: What is a closed currency?

    What are equivalent amounts of USD and EUR?

    USD EUR
    $ 1 0.9186
    $ 5 4.5930
    $ 10 9.1860
    $ 20 18.37
    $ 50 45.93
    $ 100 91.86
    $ 250 229.65
    $ 500 459.30
    $ 1,000 918.60
    $ 2,000 1,837
    $ 5,000 4,593
    $ 10,000 9,186
    $ 20,000 18,372
    $ 50,000 45,930
    $ 100,000 91,860
    USD EUR
    $ 1.0887 € 1
    $ 5.4435 € 5
    $ 10.89 € 10
    $ 21.77 € 20
    $ 54.44 € 50
    $ 108.87 € 100
    $ 272.18 € 250
    $ 544.35 € 500
    $ 1,089 € 1,000
    $ 2,177 € 2,000
    $ 5,444 € 5,000
    $ 10,887 € 10,000
    $ 21,774 € 20,000
    $ 54,435 € 50,000
    $ 108,870 € 100,000

    More amounts

    Converted at USD/EUR interbank rate, compare Send Money and Currency Exchange exchange rates.

    Send Money to the French Southern Territories - Best Rates

    To get a good (and fair) exchange rate when sending money to the French Southern Territories you need to find and compare exchange rates for International Money Transfers (IMTs).

    The available FX rates for sending money abroad can be very different to the mid-market (wholesale) rate which you see reported online and in the News.

    You should especially compare your own bank's exchange rates to those available from Money Transfer specialists to see how much you can save - we make that calculation easy in the below table.


    Get a better deal for foreign transfers to the French Southern Territories

    When sending money to the French Southern Territories 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 4 simple steps :

    1. Open an account with a BER reviewed FX provider (id docs may be required)
    2. You specify the local or Euro amount you want to transfer
    3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
    4. Once your funds are received by the provider the converted EUR amount will be transfered to the recipient account you specify in the French Southern Territories.

    Use the above calculator to compare the exchange 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 Euro deposited into the recipient bank account and less margins and fees kept by the banks!

     

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