Euro to CFP Franc — exchange rate

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More

Country of Circulation: French Polynesia, New Caledonia, Wallis and Futuna

Currency Code, Symbol: XPF, F

Denominations of coins in circulation: 1, 2, 5, 10, 20, 50, 100 Francs

Denominations of banknotes in circulation: 500, 1000, 5000, 10,000 Francs CFP

History: The French overseas collectives franc (Ф) is the official currency issued and spread on the territory of Polynesia, New Caledonia, Wallis and Futuna. In the financial arena, the currency is abbreviated to XPF. The franc is not subdivided into coins.The minimum denomination for the overseas territories is 1 franc. XPF was established as a currency in 1945. The premise was the fact that the French franc was losing its power. The franc has changed more than once. The latest note design was developed in 2014. Today, old banknotes are being gradually taken out of circulation.Read More