New Caleonia (French: Nouvelle-Calédonie; popular names: Kanaky, Le caillou), is a "sui generis collectivity" (in practice an overseas territory) of France, made up of a main island (Grande Terre), the Loyalty Islands, and several smaller islands. It is located in the region of Melanesia in the southwest Pacific. At about half the size of Taiwan, it has a land area of 18,575.5 square kilometres (7,172 sq mi). The population was 244,600 inhabitants as of January 2008 official estimates. The capital and largest city of the territory is Nouméa. The currency is the CFP franc.