Convert NZD to XPF Exchange Rate

The lowdown on the New Caledonia franc

The New Caledonia franc is accepted in the following countries:

• New Caledonia
• French Polynesia
• Wallis and Futuna

Economical Influences on the CFP Franc Exchange Rate

If you are considering converting AUD to XPF, it’s good to get a snapshot of how the economy may influence the New Caledonian CFP franc.

A relatively small economy, New Caledonia has around 11% of the world’s nickel reserves, making this its main export.¹

Almost 15% of New Caledonia’s GDP comes from financial support from France, which is only mitigated slightly by its tourism industry.¹

New Caledonia’s economy is largely affected by fluctuations in the price of nickel, which have been declining since 2016.¹

CFP Franc Historical Exchange Rate

The XPF has seen a bit of fluctuation over the past 5 years, however has been performing quite well against the New Zealand dollar for the past two years.²

On 4 June 2014 the NZD was buying around 73.92 XPF, this jumped to around 85.04 XPF per NZD by 23 April 2015. ²

The fluctuations did not end there and by 18 September 2015 the NZD was now worth 66.70333 XPF. ²

On 10 July 2016 1 NZD was worth around 78.84827 CFP francs and by 23 February 2017, worth 81.21410 XPF.²

The CFP francs performance improved against the New Zealand dollar over the following months and on 26 November 2017 1 NZD was only worth 668.78291 XPF; while a year later on 9 October 2018 the XPF was converting at 66.97119 per NZD.²

^Sources

^{1. Central Intelligence Agency - https://www.cia.gov/library/publications/the-world-factbook/geos/nc.html}

^{2. XE - https://www.xe.com/currencycharts/?from=NZD&to=XPF&view=5}

^{*The information contained in this article has been compiled by Travelex from different different external sources. The figures provided are indicative only and are there to provide an idea of the amount of travel money you may need during your trip. Travelex does not ensure the accuracy and completeness of the information shown. Nothing in this article is to be considered financial advice. Travelex Limited does not accept any liability for any loss or damage derived from any reliance on the information in this article. Travelex NZ Limted arranges for and sells Online Foreign Currency via its Online Ordering Facility. You should consider the Online Foreign Currency Product Disclosure Statement and Terms and Conditions before deciding whether to acquire the product.}