The currency used is Australian dollars, available in A$ 100,50,20,10,and 5. Mastercard and Visa credit cards are accepted which makes it easier to conduct financial transactions, though this may not be the case in outlying islands. The cost of a holiday/visit to Kiribati is higher than most other Pacific countries because nothing is produced on the islands so the cost of food and other items is more.
Kiribati, officially the Republic of Kiribati, is an island nation located in the central tropical Pacific Ocean. It is composed of 32 atolls and one raised coral island, dispersed over 3.5 million square kilometres, (1,351,000 square miles) straddling the equator, and bordering the International Date Line at its easternmost point.
South Tarawa (in Gilbertese Tarawa Teinainano) is the capital and hub of the Republic of Kiribati and home to approximately half of Kiribati's total population. The South Tarawa population center consists of all the small islets from Betio in the West to Bonriki in the East, connected by the South Tarawa main road; with a population of 50,182 as of 2010.