$ 0.005 2.17%

Yap Stone (YAP) Rank 691

Market Cap $5.38 M
Volume 24H 57381 YAP
Open 24H $0.005
Low/High $0.005 - $0.006
Compare to

Mkt.Cap $ 5.38 M Volume 24H 57,381.00 YAP
Market share 0% Total Supply 1000 M YAP
Proof type N/A Open $ 0.0053
Low $ 0.0050 High $ 0.0056
Date Price Volume

Federated States of Micronesia -YAP, CHUUK, POHNPEI, KOSRAE-


And one thing is for certain; Yapese people are not shy about showing off the amount of money they have. A long history with Puritanical missionaries has made Micronesia a conservative place when it comes to dress — though this is changing slowly (in thanks, partly, to the public pool and Olympic swimming program). Average middle-aged or older residents are still seen swimming fully-clothed. When swimming around Pohnpei’s coastline or in other areas that locals also frequent, dress modestly to avoid offending people. Regular swim shorts or board-shorts are fine for men and women.

The ancestors of the Micronesians settled over four thousand years ago. A decentralized chieftain-based system eventually evolved into a more centralized economic and religious culture centered on Yap Island. People use crystals and stones in different ways including carrying them in a left pocket, using them in their meditation practice or simply placing them in their surroundings.

Understanding Economics: Why Does Paper Money Have Value?

At one time, Yap was the epicenter of a large trading network of the surrounding islands. People would use huge stones known as Rai to trade amongst each other, especially for large transactions. The smaller stones were usually carried by two men; however, some of the larger coins, measuring up to 12 feet high, were carried by several men holding a strong, thick pole that went through the center of the coin.

Each of its four states is centered on one or more main high islands, and all but Kosrae include numerous outlying atolls. The Federated States of Micronesia is spread across part of the Caroline Islands in the wider region of Micronesia, which consists of thousands of small islands divided among several countries. The term Micronesia may refer to the Federated States or to the region as a whole. Colonia is an urban area belonging to the municipalities of Rull and Weloy, which serves as the capital of the State of Yap, one of the Federated States of Micronesia. It administers both Yap proper and some 13 atolls and islands reaching to the east and south for some 800 km (500 mi).

In 1525, Portuguese navigators in search of the Spice Islands (Indonesia) came upon Yap and Ulithi. Spanish expeditions later made the first European contact with the rest of the Caroline Islands. Spain established its colonial government on Yap and claimed sovereignty over the Caroline Islands until 1899. At that time, Spain withdrew from its Pacific insular areas and sold its interests to Germany, except for Guam which became a U.S. insular area.

Is Micronesia safe?

One thing I noticed and appreciated about Pohnpei; they don't eat dogs. Their dogs are healthy, fat, and fair sized. They are also generally friendly.

Yap Stone description

Thinner soles allow you to feel the terrain and cling to it better than with tennis shoes or hiking boots. The use of your toes improves balance and makes slips much less frequent on rocks.

Yap Stone description Yap Stone description

The oral histories of the Micronesian people indicate close affiliations and interactions in the past among the members of the island societies comprising the present-day FSM. The Lelu ruins in Kosrae (1400 AD) and the Nan Madol ruins of Pohnpei (1000 AD) are impressive reminders of the accomplishments of these early people. The FSM has a rich history dating back several thousand years. The islands were originally settled by ancient people sailing east from Asia and north from Polynesia.

Special importance is attached to land in Micronesia both because of its short supply and its traditional importance. Many parcels of land are held by families or clans. Still, visitors are able to access areas of interest in the country, and along the way they are afforded a glimpse into the daily activities of the people of the country.

As long as the transaction is recorded in the oral history, it will now be owned by the person to whom it is passed and no physical movement of the stone is required. Traditional style structure with stone money indicating great wealth.

What are people from Yap called?

The official currency of Micronesia is the US dollar, but the island state of Yap uses an additional form of money: limestone discs, some of which weigh more than a car. Centuries ago, Yapese explorers journeyed 280 miles west in bamboo canoes to the island of Palau, where they encountered limestone for the first time.

Translations for micronesia

The new Congress of the FSM convened, elected the Honorable Bethwel Henry as Speaker, and began to enact laws for the new Nation. A judicial system was established pursuant to the National and State constitutions. Thereupon, the United States entered upon a period ( ) of orderly transfer of governmental functions consistent with the terms and intent of the UN Trusteeship Agreement. World War II brought an abrupt end to the relative prosperity experienced during Japanese civil administration.

Following World War II, it was administered by the United States under United Nations auspices in 1947 as part of the Trust Territory of the Pacific Islands pursuant to Security Council Resolution 21. "Higher Education in the Federated States of Micronesia Archived at the Wayback Machine." Embassy of the Federated States of Micronesia Washington DC. Retrieved on February 23, 2018. Today, the most common currency traded in Yap is the U.S dollar. When Rai stones are used as currency they usually remain in the same location, thus showing that a transaction has been made. Many Rai stones are located near banks, where they are arranged in lines making up walkways.

  • This is thought to remove all previous energy so that they are free for your use.
  • A large (approximately 2.4 m or about 8 ft in height) example of Yapese stone money (Rai stones) in the village of Gachpar.
  • Homosexuality is legal in the Federated States of Micronesia, and anti-discrimination laws have been in place to protect the LGBTQ community since 2018.
  • Although united as a country, the people are actually a heterogeneous mixture with different customs and traditions bound together by recent history and common aspirations.
Yap Stone description

Where is the island of yak?

Age does not always make paper money valuable, though it is usually a factor. Some types of paper money, such as large-size Silver Certificates and Legal Tender Notes, are more popular than others. So, with more collectors seeking the same notes, prices will be affected.

Yap Stone description

By the War's conclusion, most infrastructure had been laid waste by bombing and the islands and people had been exploited by the Japanese Military to the point of impoverishment. Most linguistic and archaeological evidence indicates that the islands were first discovered and settled between two and three thousand years ago.

The Compact was signed on October 1, 1982 and approved by voters in the FSM in 1983. Congress, the Compact entered into force on November 3, 1986. On September 17, 1991, the FSM became a member of the United Nations.

Before you travel to the Federated States of Micronesia, here's what you need to know to stay safe. In Pohnpei, the people there don't seem to be as happy as those in Chuuk, although they should be. The roadsides are beautiful, with growing plants and flowers and closely cut grass. The island is mountainous, so the higher elevation means it stays a little cooler than in Chuuk. Yet, as a culture, the Pohnpeians seem to be more serious.

Yap Stone description

Sun safety and dressing appropriately in Micronesia

Yap Stone description

In Yapese spelling as practiced until the 1970s, the glottal stop was not written with an explicit character. A word-final glottal stop was represented by doubling the final vowel letter. Glottalization of consonants was represented with an apostrophe. After years of hiking on Pohnpei, we’ve concluded that nothing beats FiveFingers.

Who owns the Caroline Islands?

In addition, Yap is famous for its waters where schools of tuna, dolphins and reef fish are found in abundance. Observing the greatly varied marine life on the reefs and in the channels has become a must for divers around the world.

Yap Stone description

The first settlers are often described as Austronesian speakers possessing horticultural skills and highly sophisticated maritime knowledge. These first settlers are thought to have migrated eastward from Southeast Asia to Yap. From there, some migrated south to Papua New Guinea, Solomon Islands, and New Caledonia, and later to Kiribati and the Marshall Islands. Over much of the last 40 years, the growth rate of population in the FSM has exceeded 3% per annum and the current rate of national increase remains high. However, since the Compact of Free Association was signed out-migration of about 2% of the population occurs each year, effectively lowering the growth rate to about 1%.

Yap Stone description

What is the luckiest stone?

Known as one of the luckiest stones, Carnelian is a powerhouse for success, productivity and prosperity. It's beautiful, bright orange tones are thought to bring courage, energy and creativity to the wearer while helping to get rid of fear.

Being a stone of fire element energies, Amethyst gemstones for prosperity is ideally kept in the southern area of your money safe. To really make success in life with gemstones for prosperity, you need to bond with crystals that set your mind straight so that you can take the right decisions. Amethyst is a gemstone of the ethereal chakras, capable of empowering your crown. Use it to help you take important financial decisions with ease and accuracy too.

2. Black Tourmaline gemstones for Luck

Yap Stone description

The Island of Yap has become a popular tourist area. Some believe this is due to the amount of stones on the islands. These large doughnut-shaped stones attract a lot of attention and people travel great lengths to see them in person. When they initially invented the Rai stones, they introduced them in order to facilitate transactions by creating a form of currency to be accepted by the local tribes. This evolved into a magnificent marketing ploy as these large stones have attracted tourists from around the world.