The Federated States of Micronesia lie 3,680km (2,300 miles) north of Australia and 4,000km (2,500 miles) west of Hawaii.
The United States dollar is the official currency of Federated States of Micronesia. Its value fluctuates in terms of the other main currencies of the world, but remains relatively stable.
The politics of the Federated States of Micronesia (FSM) takes place in a framework of a federal representative democratic republic. The President of the Federated States of Micronesia is both head of state and head of government. Executive power is exercised by the president and his cabinet, while legislative power is vested in both the president and the Congress. The judiciary is independent of the executive and the legislature.