Country Guides
Federated States Of Micronesia
Money
Money
Federated States Of Micronesia
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$1 and 50, 25, 10, 5 and 1 cents.
There are several US FDIC insured banks operating (although there are no banks on Chuuk).
Credit/Debit Cards and ATMs
Most major credit cards are accepted at big visitor-orientated businesses.
Traveller's Cheques
Exchanged at the larger hotels and businesses.
Banking Hours
Mon-Thurs 1000-1500, Fri 1000-1800 and Sat 0900-1200.
Travel Essentials
Currency
The US Dollar (USD; symbol US$) 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).
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.
Travel Essentials
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