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.
Many of the skills required for the production of indigenous graphic art in the FSM have been lost. Canoe carving, once a highly evolved and valued art form, is largely forgotten among the young men who prefer to fish from fiberglass out-board motorboats.
Micronesia enjoys a tropical climate, with relatively even, warm temperatures throughout the year.