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Home  >  World  > Australia and South Pacific  > Pacific Islands of Micronesia

Money

Currency: US Dollar (US$) = 100 cents. Notes are in denominations of US$1000, 500, 100, 50, 20, 10, 5, 2 and 1. Coins are in denominations of 50, 25, 10, 5 and 1 cents. Japanese yen are accepted on many islands.

Currency exchange: Foreign exchange services are limited on some islands.

Credit & debit cards: MasterCard, American Express and Visa are accepted in most hotels and tourist-oriented facilities. Check with your credit or debit card company for details of merchant acceptability and other services which may be available.

Travellers cheques: US Dollar travellers cheques are advised.

Currency restrictions: These vary; see individual sections for details.

Exchange rate indicators
The following figures are included as a guide to the movements of the US Dollar against Sterling:


DateNov ’01Aug ’02Nov ’02Feb ’03
£1.00=1.411.521.581.59


Banking hours: Mon-Thurs 1000-1500, Fri 1000-1800. There are some local variations.


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