NationMaster - Encyclopedia: FRF

Though abolished as a legal coin by Louis XIII in 1641 in favor of the gold louis or écu, the term franc continued to be used in common parlance for the livre tournois. Louis XIII (September 27, 1601 – May 14, 1643), called the Just (French: le Juste), was King of France from 1610 to 1643. ... Events The Long Parliament passes a series of legislation designed to contain Charles Is absolutist tendencies. ... The French Louis XVIII 20 franc coin was a limited number of gold coins issued depicting King Louis on one side, and the French royal coat of arms on the reverse. ... The term écu may refer to one of several French coins. ... The livre tournois (or Tournoise pound) was a currency used in France, named after the town of Tours, in which it was minted. ...

French Revolution

The franc was re-established as the national currency by the French Revolutionary Convention in 1795 as a decimal unit (1 Franc = 100 centimes) of 4.5 g of fine silver (theoretically slightly less than the livre of 4.505 g, though the new coin was set in 1796 at 1.0125 livres, reflecting in part the past minting of sub-standard coin). 1795 was a common year starting on Thursday (see link for calendar). ... General Name, Symbol, Number silver, Ag, 47 Chemical series Transition metals Group, Period, Block 11, 5, d Density, Hardness 10490 kg/m3, 2. ... 1796 was a leap year starting on Friday. ...

With the creation of a gold franc in 1803, gold and silver-based units circulated interchangeably on the basis of a 1:15.1 ratio between the values of the two metals (bimetallism). 1803 was a common year starting on Saturday (see link for calendar). ... In economics, bimetallism is a monetary standard in which the value of the monetary unit can be expressed either with a certain amount of gold or with a certain amount of silver: the ratio between the two metals is fixed by law. ...

World War I

World War I severely undermined the French franc's strength, as war expenditure, inflation and postwar reconstruction financed partly through the printing of ever more money reduced the franc's purchasing power by 70 per cent from 1915 to 1920 and a further 43 per cent from 1922 to 1926. After a brief return to the gold standard (1928 to 1936) the currency was allowed to resume its slide, until it was worth in 1959 less than a fortieth of its 1936 value. Ypres, 1917, in the vicinity of the Battle of Passchendaele. ... 1915 was a common year starting on Friday (see link for calendar). ... 1920 is a leap year starting on Thursday (link will take you to calendar) Events January January 7 - Forces of Russian White admiral Kolchak surrender in Krasnoyarsk. ... 1922 was a common year starting on Sunday (see link for calendar). ... 1926 was a common year starting on Friday (link will take you to calendar). ... 1922 U.S. gold certificate The gold standard is a monetary system in which the standard economic unit of account is a fixed weight of gold. ... 1928 was a leap year starting on Sunday (link will take you to calendar). ... 1936 was a leap year starting on Wednesday (link will take you to calendar). ... 1959 was a common year starting on Thursday of the Gregorian calendar. ...

The new franc

In January 1960 the French franc was revalued at 100 existing francs. Old franc pieces continued to circulate as centimes (none of which were minted for the first two years), 100 of them making a nouveau franc (the abbreviation NF was used for some time). Inflation continued to erode the currency's value but at a greatly reduced rate comparable to other countries, so when the euro replaced the franc in January 1, 1999, the new franc was worth less than an eighth of its original value. 1960 was a leap year starting on Friday (link will take you to calendar). ... January 1 is the first day of the calendar year in both the Julian and Gregorian calendars. ... 1999 is a common year starting on Friday of the Common Era, and was designated the International Year of Older Persons by the United Nations. ...

Many French people continued using old francs, anciens francs as a unit; large sums such as lottery prizes were often given in centimes, since these are equivalent to the old franc. This usage continued right up to when franc notes and coins were withdrawn in 2002, with speculation as to whether older people would carry the factor of 100 conversion through to the euro, the scaled-down version being called, naturally, the euro ancien.

From January 1, 1999, the value exchange rate of the French franc against the euro was set at a fix parity of 1 EUR=6.55957 FRF. Euro coins and notes replaced it entirely between January 1 and February 17, 2002. January 1 is the first day of the calendar year in both the Julian and Gregorian calendars. ... 1999 is a common year starting on Friday of the Common Era, and was designated the International Year of Older Persons by the United Nations. ... The euro (€; ISO 4217 code EUR) is the currency of twelve of the twenty-five nations that form the European Union (and four outside it, as well as Montenegro and Kosovo), which form the Economic and Monetary Union (EMU). ... The franc is the name of several currency units. ... February 17 is the 48th day of the year in the Gregorian calendar. ...

At the time of changeover, the coins in circulation were 1¢ euro coin A coin is generally a piece of hard material, generally metal and usually in the shape of a disc, which is used as a form of money. ...

Coins may be exchanged until February 17, 2005 [1] (http://www.ecb.int/bc/exchange/html/index.en.html#timelimits) February 17 is the 48th day of the year in the Gregorian calendar. ... 2005 is a common year starting on Saturday of the Gregorian calendar and is the current year. ...

Banknotes were [2] (http://www.ecb.int/bc/exchange/fr/html/index.en.html) A £20 Ulster Bank banknote. ...

Banknotes may be exchanged until February 17, 2012 February 17 is the 48th day of the year in the Gregorian calendar. ... 2012 is a leap year starting on Sunday of the Gregorian calendar. ...

See also

The livre tournois (or Tournoise pound) was a currency used in France, named after the town of Tours, in which it was minted. ...

External link

Categories: title="France ">France | Historical currencies The euro (€; ISO 4217 code EUR) is the currency of twelve European Union member states: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain. ... Download high resolution version (1200x800, 13 KB) File links The following pages link to this file: Austria Belgium Bulgaria Czech Republic Croatia Cyprus Economy of Cyprus Economy of the Czech Republic Council of Europe Economy of Denmark Drachma European Union Estonia Euro European Parliament Talk:European Union European Free Alliance... The Eurozone (also called Euro-area or Euroland) is the subset of European Union member states which have adopted the Euro (€) currency, creating a currency union. ... The Schilling was the currency of Austria until the Euro exchange in 2002. ... The Belgian franc (Dutch Belgische frank, French franc belge) was the currency of Belgium before the adoption of the euro. ... The guilder (Dutch gulden), represented by the symbol ƒ, was the name of the currency used in the Netherlands from the 15th century until 1999, when it was replaced by the euro (coins and notes were not introduced until 2002). ... The markka or mark was the currency used in Finland from 1861 until January 1, 1999, when it was replaced by the euro (€). The currency code used for the markka was FIM, and the usual familiar notation was a postfix mk. ... A 10 Deutsche Mark banknote from Germany 1993 showing Carl Friedrich Gauss (http://www. ... Drachma, pl. ... The Irish pound (Irish: punt) was the currency unit of the Republic of Ireland until 1999. ... Lira is the name of the monetary unit of a number of countries, as well as the former currency of Italy, San Marino and the Vatican City. ... The conquest of most of western Europe by Revolutionary and Napoleonic France led to the francs wide circulation. ... The escudo was the official currency of Portugal prior to the introduction of the euro in January 1, 1999 (euro coins and notes were not introduced until 2002). ... Lira is the name of the monetary unit of a number of countries, as well as the former currency of Italy, San Marino and the Vatican City. ... The peseta (₧) was the currency of Spain (and Andorra, along with the French franc) until December 31, 1998. ... Lira is the name of the monetary unit of a number of countries, as well as the former currency of Italy, San Marino and the Vatican City. ... The European exchange rate mechanism (or ERM) was a system introduced by the European Community in March 1979, as part of the European Monetary System (EMS), to reduce exchange-rate variability and achieve monetary stability in Europe, in preparation for Economic and Monetary Union and the introduction of a single... The Cyprus Pound (Λίρα, pl. ... The Danish krone is the currency used in Denmark and the Danish dependency of Greenland. ... The Kroon is the official currency of Estonia. ... Local Area Transport is a non-routable networking technology developed by Digital Equipment Corporation to enable them to connect their DS-200 (a. ... The Litas (LTL or Lt, Lithuanian plural form Litai) is the official currency of Lithuania. ... The Maltese lira, known in the Maltese language as the Lira Maltija, is the currency of Malta. ... The tolar has been the currency of Slovenia since October 1991. ... The pound sterling, which strictly speaking refers to basic currency unit of sterling, now the pound, can generally refer to the currency of the United Kingdom (UK). ... The Koruna (English translation Crown) is the currency used in the Czech Republic and Slovakia. ... Forint, or HUF (Hungarian Forint) is the official currency of Hungary. ... Złoty. ... The Koruna (English translation Crown) is the currency used in the Czech Republic and Slovakia. ... The Krona is the currency used in Sweden. ... The European exchange rate mechanism (or ERM) was a system introduced by the European Community in March 1979, as part of the European Monetary System (EMS), to reduce exchange-rate variability and achieve monetary stability in Europe, in preparation for Economic and Monetary Union and the introduction of a single...

French Revolution

World War I

The new franc

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External link

See also