Customary Currency System
Tabu (Shell Money) Economy
In Ramoaina, small cowrie shells (*Nassa camelus*) strung neatly onto cane strips represent wealth, social prestige, and spiritual commitment.
Crafting & Denominations
Individual cowrie shells are cleaned, broken at the back, and threaded onto split cane strands. Standard measurements range from individual *Param* (arm's length) to massive wheel-like rolls (*Pokoko*) stored in traditional treasury huts.
Unit Scale: 1 Param ≈ Arm length of shells | 1 Pokoko ≈ Large bundle containing hundreds of yards.
Ceremonial Exchanges
Tabu is essential for key life milestones: customary bride prices, mortuary rites (*Matamatam*), land title transfers, and public reconciliations between clans.
Cultural Role: Money is not merely spent; it creates enduring social bonds and honors lineage obligations.
Dual Economy Integration
Ramoaina proudly maintains a dual economic system. Tabu exists side-by-side with Papua New Guinea Kina (PGK), recognized even by local banks and modern village markets.
Market Stability: Provides local economic resilience against inflation while safeguarding island sovereignty.