Micronesia Money

Health care

Overview

There are good state hospitals in the larger towns on all islands. The dental care is also good. It is recommended to take out travel health insurance and travel repatriation insurance. For more information see Health in the main entry Pacific Islands of Micronesia. Check ebizdir for more information.

Money

Currency

Huge stone coins (rai) are still used on Yap, but not for ordinary transactions. The US dollar is legal tender.

Credit cards

Common credit cards (especially Visa and Mastercard) are accepted by hotels, shops and tourism companies.

ATMs

Bank cards With the credit card and pin number, money can be withdrawn from ATMs. To be on the safe side, travelers should always have an alternative source of money such as cash. Further information from banks and credit institutes. Attention: Travelers who want to pay with their bank customer card abroad and withdraw money should find out from their bank about the possibility of using their card before starting their journey.

Travelers cheques

Traveler’s checks are not accepted in the Federated States of Micronesia.

Bank opening hours

  1. General Mon-Thu 10 a.m. to 3 p.m. and Fri 10 a.m. to 5 p.m.

Foreign exchange regulations

No restrictions.

Currency Exchange

The US dollar is recommended as the currency to take with you. Changing from euros to dollars is hardly possible, except in a few hotels.

Currencies

Code Symbol Exchange rates (no guarantee)
USD U.S$ 1 EUR = 1.04 US$
1 CHF = 1.24 US$
1 USD = 1.00 US$

Micronesia Money