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Currency in Tahiti – Learn About Conversion Rates

The currency in Tahiti is known as the French Pacific Franc, or the Franc of the “Compagnie Française du Pacifique”. Before booking travel packages to Tahiti, you should familiarize yourself with the currency. The abbreviation for the French Pacific Franc is CFP or XPF.

When traveling from a European country, tourists should be aware that the exchange rate with the Polynesian currency and the Euro is at a fixed rate, and it doesn’t fluctuate because of changes in the economy. One Euro is equivalent to 119.33 Pacific Franc, or XPF.

When you’re reserving all inclusive packages to Tahiti from the U.S., the travel agent can explain about the exchange rates between the U.S. dollar and the Pacific Franc. Currently the exchange rate is 1 U.S. dollar is equivalent to 86 Pacific Franc. It can further be broken down into 1,000 Pacific Franc is equivalent to $11.62 U.S. dollars.

Bank notes for the French Pacific Franc are available in denominations of 500, 1000, 5000, and 10,000. The coins in the Tahitian currency are available in denominations of 1, 2, 5, 10, 20, 50, and 100. Foreign currency is accepted in many places including some of larger resorts, but it’s recommended to exchange your local currency.

When you stay at some of the smaller hotels or at any of the overwater bungalows, which are quite expensive, make sure to have your currency converted prior to checking into your accommodations.

Plan to exchange your local currency and traveler’s checks you have. You can exchange them at the airport in Tahiti as soon as you arrive. They’re open later than many of the other places to exchange your currency, and you’ll get a much more reasonable rate. It’s not recommended that you attempt to exchange your currency at the hotel you stay at. The exchange rate won’t be as good and you’ll be charged much more.

Make sure to have plenty of the local currency available because many of the smaller restaurants and shops won’t accept traveler’s checks.

When paying for anything in the smaller establishments, always use the local currency. The exchange rate isn’t as good as using the facility at the airport.

This is especially the case in places like Moorea. You should always make sure to have your passport available to use as proof of identification at any of the banks on the outer islands. Otherwise, you won’t be able to exchange your checks. Be prepared before you leave on your trip to avoid any unnecessary delays.