The Central Pacific Franc or CPF as it is known locally is the currency of the Central Pacific islanders, it has absolutely no value off the islands. For travelers that means a loss when buying and selling the coins. At the time it was worth far less than a US dollar. I believe the exchange rate was about CPF$1.00 = US$0.70 so we had a reasonable return.
The CPF was not worth the paper or metal it was minted on outside of French Polynesia. So it we had to spend everything we had on hand or be stuck with it as the banks would not honor the currency for exchange to another currency. The CPF is now called the XPF!
Tuesday, June 2, 2015 2:37:00 PM
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