Micronesia Coin List

Micronesia' s numismatics reflect the rich history and influence of various powers in this Pacific island nation. Since independence in 1986, Micronesia has maintained a close monetary relationship with the United States, adopting the U.S. dollar as its official currency.

Current currency and circulation

Micronesia currently uses the U.S. dollar as its legal tender. Both U.S. bills and coins circulate freely in the country. However, Micronesia has also issued its own commemorative dollar coins, which are primarily of interest to collectors and do not usually circulate in everyday commerce.

Monetary history and relevant facts

Prior to the adoption of the U.S. dollar, Micronesia used a variety of currencies throughout its history. During the German colonial period, the German mark was used, followed by the Japanese yen during the Japanese occupation. After World War II, under U.S. administration, the Pacific dollar was introduced. An important milestone in Micronesian numismatics was the issuance of the first commemorative coin series in 1991, celebrating the country's culture and history.