Wallis and Futuna remains one of the few French overseas collectivities still issuing coins under the Institut d'Émission d'Outre-Mer, the Paris-based authority that manages currency for France's Pacific territories. The archipelago uses the CFP franc, a currency pegged first to the French franc and since 2002 to the euro at a fixed rate of 119.3317 CFP francs to one euro — a rate that has never changed since the peg was recalculated at euro introduction.
Wallis and Futuna remains one of the few French overseas collectivities still issuing coins under the Institut d'Émission d'Outre-Mer, the Paris-based authority that manages currency for France's Pacific territories. The archipelago uses the CFP franc, a currency pegged first to the French franc and since 2002 to the euro at a fixed rate of 119.3317 CFP francs to one euro — a rate that has never changed since the peg was recalculated at euro introduction.