Federated States Of Micronesia Money

Currency

The US Dollar (USD; symbol US$) is the official currency. Giant stone money remains in use on Yap, but not for ordinary transactions or any that are likely to involve visitors. Dollar = 100 cents. Notes are in denominations of US$100, 50, 20, 10, 5, 2 and 1. Coins are in denominations of US$1 and 50, 25, 10, 5 and 1 cents.

There are several US FDIC insured banks operating (although there are no banks on Chuuk).

Credit/Debit Cards and ATMs

Most major credit cards are accepted at big visitor-orientated businesses.

Traveller's Cheques

Exchanged at the larger hotels and businesses.

Banking Hours

Mon-Thurs 1000-1500, Fri 1000-1800 and Sat 0900-1200.
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