"New Caledonia has one of the largest economies in the South Pacific, with a GDP of US$9.89 billion in 2011. The nominal GDP per capita was US$38,921 (at market exchange rates) in 2011. It is higher than New Zealand's, though there is significant inequality in income distribution, and long-standing structural imbalances between the economically dominant South Province and the less developed North Province and Loyalty Islands. The currency in use in New Caledonia is the CFP franc, pegged to the euro at a rate of 1,000 CFP to 8.38 euros. It is issued by the Institut d'Emission d'Outre-Mer." -Wikipedia
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