France The CFP Franc (XPF) is the currency used in French overseas territories in the Pacific, including French Polynesia, New Caledonia, and Wallis and Futuna. Issued by the Institut d’émission d’Outre-Mer (IEOM), it was introduced in 1945 to replace the French Franc in these regions. The CFP Franc is pegged to the Euro at a fixed rate (1 EUR = 119.33 XPF), providing economic stability for these territories, which rely on tourism and French financial support.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.
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