In Yap, a group of islands in Micronesia, traditional currency consists of large stone disks called "Rai." These stones, made of limestone and varying in size, are often too large to be moved easily, so ownership is typically transferred through oral agreements. The value of each Rai is determined by its size, craftsmanship, and history. Although modern currency is also used, Rai still holds cultural significance and is occasionally used in important transactions.
Yap Thiam Hien died in 1989.
Yap Ah Loy was born on March 14, 1837.
Ceres Yap Chai Abanil was born in 1979.
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Arturo Yap is a Filipino businessman and politician known for his involvement in various industries, including agriculture and finance. He has held positions in government, such as serving as the Secretary of the Department of Agriculture in the Philippines. Yap has also been recognized for his contributions to economic development and agricultural reforms in the country. His work focuses on improving food security and promoting sustainable agricultural practices.
Visitors to the country of Yap use the United States Dollar (USD) for everyday use. The Yapese people are well-known to use stone money for traditional or ceremonial exchange, called Rai or Fei.
The national currency of Yap is the US dollar. However, the Yapese still commonly use Rai, stone money in the shape of large discs. The discs are sometimes larger than the person using it.
The national currency of Yap is the US dollar. However, the Yapese still commonly use Rai, stone money in the shape of large discs. The discs are sometimes larger than the person using it.
In Yap, a Pacific Island nation, they traditionally use large stone discs called Rai stones as a form of money. These stones, made of limestone, were quarried on different islands and transported to Yap for use in trade and important transactions. The value of a Rai stone is determined by its size, history, and the effort required to obtain it.
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It is pronounced as "lan-yap."
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Richard Yap was born in 1962.
Darren Yap was born in 1967.
Arthur Yap was born in 1943.