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Country Guide > Australia and South Pacific > Federated States Of Micronesia


Money

Currency
Giant stone money remains in use on Yap, but not for ordinary transactions or any that are likely to involve visitors. For information on convertible currency, see Money in the Pacific Islands of Micronesia section. The US Dollar is the official currency. There are several US FDIC insured banks operating (although there are no banks on Chuuk) and most major credit cards are welcome at major businesses.


   
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