Palau
Population of Palau
The population of Palau is approximately 21,000, of whom 70% are native Palauans of mixed Melanesian, Micronesian, and Austronesian descent. Many Palauans also have some Asian ancestry, from intermarriage between settlers and Palauans beginning in the 19th and 20th centuries.
Palau — Festivals and Events
Palau doesn’t hold a large number of celebrations and events throughout the year. However, there are some that will interest travelers, especially if they are coming from the US. Several major American holidays are recognized and celebrated here, with Thanksgiving the most popular event among locals and expatriates alike. Of course, Palau’s Independence Day is fondly celebrated by citizens each year and is often regarded as the most important day on the Palau calendar.
Palau - Money
Palau uses the U.S. dollar as its currency. This has the advantage of bypassing the expense of running a central bank. Also, the currency is completely convertible, and price stability is reasonably well ensured, as Palau does not have the ability to print currency. The rate of inflation was less than 3 percent a year from 1996-98.