TAHITI CURRENCY AND EXCHANGE:
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The Pacific French Franc (CFP) is the currency used in French Polynesia.
It is not valued the same as the EURO. Normally, the best exchange rates
are received when you pay by credit card. Traveler checks are widely
accepted. Generally, a better exchange rate is given for traveler checks
than for cash. Banks will provide the best exchange rate. Banks are
located at Faaa Airport and on most islands. Hotels also exchange
currency and traveler checks but may give a less favorable rate. U.S.
currency may be accepted as direct payment in hotels, restaurants and
large shops, but will get a low rate of exchange. ATM machines are
available but often malfunction with U.S. issued bank cards. Therefore,
we do not encourage the use of ATM machines in the islands. The average
value of the CFP in relation to the US Dollar has been running: US $1 =
98 CFP.
CREDIT CARD OR TRAVELER CHECKS?
Bring both. You will often get a better exchange rate paying by credit
card than paying by cash or traveler check. Major credit cards (American
Express, Visa and MasterCard) are accepted at hotels, most restaurants
and shops on larger islands. However, you may find that credit cards are
not widely accepted on smaller islands such as Huahine, Rangiroa,
Tikehau, and Manihi
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