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Encyclopedia > Franc
Franc
1 Swiss franc 1983
1 French franc 1991
1 Belgian franc 1996
1 Luxembourg franc 1990
1 Monegasque franc 1978
5 Comorian francs 1992

The franc is the name of several currency units, most notably the French franc, the currency of France until it adopted the euro in 2002; and the Swiss franc, still a major world currency today due to the prominence of Swiss financial institutions. The name is said to derive from the Latin inscription francorum rex ("King of the Franks") on early French coins, or from the French franc, meaning "free" (and "frank"). Look up franc in Wiktionary, the free dictionary. ... 1 franco svizzero 1983 front File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... 1 franco svizzero 1983 back File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... 1 franco francese 1991 front File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... 1 franco francese 1991 back File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... 1 franco belga 1996 front File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... 1 franco belga 1996 back File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... 1 franco lussemburgo 1990 front File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... 1 franco lussemburgo 1990 back File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... 1 franco monaco 1978 front File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... 1 franco monaco 1978 back File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... Image File history File linksMetadata KMF_5_obv. ... Image File history File linksMetadata KMF_5_rev. ... ISO 4217 Code FRF User(s) Monaco, Andorra, France except New Caledonia, French Polynesia, and Wallis and Futuna ERM Since 13 March 1979 Fixed rate since 31 December 1998 Replaced by €, non cash 1 January 1999 Replaced by €, cash 1 January 2002 € = 6. ... For other uses, see Euro (disambiguation). ... ISO 4217 Code CHF User(s) Switzerland, Liechtenstein, Campione dItalia Inflation 1. ... For other uses, see Latin (disambiguation). ... This article is about the Frankish people and society. ... This article is about monetary coins. ...


The countries that use francs include Switzerland, Liechtenstein, and most of the Francophone countries of Africa. Before the introduction of the euro, francs were also used in France, Belgium and Luxembourg, while Andorra and Monaco accepted the French franc as legal tender. The Franc was also used within the French Empire's colonies, including Algeria and Cambodia. The franc is sometimes italianised or hispanicised as the Franco, for instance in Luccan Franco. This article or section does not adequately cite its references or sources. ... A world map showing the continent of Africa Africa is the worlds second-largest and second most-populous continent, after Asia. ... Legal tender or forced tender is payment that cannot be refused in settlement of a debt denominated in the same currency by virtue of law. ... For the French colonial postage stamps, see French Colonies. ... The franco was the currency of Lucca, issued between 1805 and 1808. ...


One franc is typically divided into 100 centimes. The French franc symbol was an F with a line through it (₣). Centime is French for cent, and is used in English as the name of the fraction currency in several Francophone countries (including Switzerland and formerly France), where it is one hundredth of a franc. ...

Contents

Origins

The franc was originally a French gold coin of 3.87 g minted in 1360 on the occasion of the release of King John II ("the good"), held by the English since his capture at the Battle of Poitiers four years earlier. It was equivalent to one livre tournois (Tours pound). GOLD refers to one of the following: GOLD (IEEE) is an IEEE program designed to garner more student members at the university level (Graduates of the Last Decade). ... John II the Good (French: Jean II le Bon) (April 16, 1319 – April 8, 1364), was King of France 1350–1364, Duke of Normandy and Count of Anjou and Maine 1332–1350, Count of Poitiers 1344–1350, and Duke of Guienne 1345–1350. ... Combatants Kingdom of England Gascony France Commanders Edward, the Black Prince Captal de Buch John II of France Strength 9,000 12,000 Casualties Minimal 2,500 killed or wounded The Battle of Poitiers was fought between the Kingdom of England and France on September 19, 1356, resulting in the... The livre tournois (or Tournoise pound) was a currency used in France, named after the town of Tours, in which it was minted. ...


French franc

The French franc was the national currency of France from 1360 until 1641 and again from 1795 until 1999 (franc coins and notes were legal tender until 2002). Though abolished as a legal coin by Louis XIII in 1641 in favor of the gold louis and silver écu, the term franc continued to be used in common parlance for the livre tournois. The franc was also minted for many of the former French colonies, such as Morocco, Algieria, French West Africa, and others. Today, after independence, many of these countries continue to use the franc as their standard denomination. ISO 4217 Code FRF User(s) Monaco, Andorra, France except New Caledonia, French Polynesia, and Wallis and Futuna ERM Since 13 March 1979 Fixed rate since 31 December 1998 Replaced by €, non cash 1 January 1999 Replaced by €, cash 1 January 2002 € = 6. ... ISO 4217 Code FRF User(s) Monaco, Andorra, France except New Caledonia, French Polynesia, and Wallis and Futuna ERM Since 13 March 1979 Fixed rate since 31 December 1998 Replaced by €, non cash 1 January 1999 Replaced by €, cash 1 January 2002 € = 6. ... This article does not cite any references or sources. ... The Louis is any number of French coins first introduced by Louis XIII in 1640. ... 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. ...


The value of the French franc was locked to the euro at 1 euro = 6.55957 FRF on 1998-12-31, and after the introduction of the euro notes and coins, ceased to be legal tender after 2002-02-28 (although still exchangeable at banks). For other uses, see Euro (disambiguation). ... Year 1998 (MCMXCVIII) was a common year starting on Thursday (link will display full 1998 Gregorian calendar). ... is the 365th day of the year (366th in leap years) in the Gregorian calendar. ... The introduction of the euro took place principally between 31 December 1998, when the exchange rates between the euro and legacy currencies in the Eurozone became fixed, and early 2002, when euro notes and coins were introduced and the legacy currencies withdrawn. ... Also see: 2002 (number). ... February 28 is the 59th day of the year in the Gregorian calendar. ...


CFA and CFP francs

Fourteen African countries use the franc CFA (in west Africa, Communauté financière africaine; in equatorial Africa, Coopération financière en Afrique centrale), originally (1945) worth 1.7 French francs and then from 1948, 2 francs (from 1960: 0.02 new franc) but after January 1994 worth only 0.01 French franc. Therefore, from January 1999, 1 CFA franc is equivalent to 0.00152449 euro. now. ...


A separate (franc CFP) circulates in France's Pacific territories, worth 0.0084 euro (formerly 0.055 French franc). ISO 4217 Code XPF User(s) New Caledonia, French Polynesia, and Wallis and Futuna Inflation 2. ... Indian Ocean Islands The following islands are in the Indian Ocean Réunion (French: La Réunion) - (Overseas department and region) Mayotte (French: Mayotte) - (Overseas collectivity entitled departmental collectivity) Scattered Islands in the Indian Ocean (French: Îles Éparses) (all five have no permanent population) Bassas da India (French: Île Bassas...


Comorian franc

In 1981, The Comoros established an arrangement with the French government similar to that of the CFA franc. Originally, 50 Comorian francs were worth 1 French franc. In January 1994, the rate was changed to 75 Comorian francs to the French franc. Since 1999, the currency has been pegged to the euro. ISO 4217 Code KMF User(s) Comoros Inflation rate 3% Source CIA World Fact Book, 2005 est. ... ISO 4217 Code KMF User(s) Comoros Inflation rate 3% Source CIA World Fact Book, 2005 est. ...


Belgian franc and Luxembourg franc

The conquest of most of western Europe by Revolutionary and Napoleonic France led to the franc's wide circulation. Following independence from the Kingdom of the Netherlands, the new Kingdom of Belgium in 1832 adopted its own franc, equivalent to the French one, followed by Luxembourg in 1848 and Switzerland in 1850. Newly unified Italy adopted the lira on a similar basis in 1862. ISO 4217 Code BEF User(s) Belgium, Luxembourg ERM Since 13 March 1979 Fixed rate since 31 December 1998 Replaced by €, non cash 1 January 1999 Replaced by €, cash 1 January 2002 € = 40. ... The franc is the name of several currency units. ...


In 1865, France, Belgium, Switzerland and Italy created the Latin Monetary Union (to be joined by Greece in 1868): each would possess a national currency unit (franc, lira, drachma) worth 4.5 g of silver or 0.290 322 g of gold (fine), all freely exchangeable at a rate of 1:1. In the 1870s the gold value was made the fixed standard, a situation which was to continue until 1914. The Latin Monetary Union (LMU) was a 19th century attempt to unify several European currencies into a single currency that could be used in all the member states, at a time when most national currencies were still made out of gold and silver. ...


In 1926 Belgium as well as France experienced depreciation and an abrupt collapse of confidence, leading to the introduction of a new gold currency for international transactions, the belga of 5 francs, and the country's withdrawal from the monetary union, which ceased to exist at the end of the year. The 1921 monetary union of Belgium and Luxembourg survived, however, forming the basis for full economic union in 1932.


Like the French franc, the Belgian/Luxemburgese franc ceased to exist in January 1, 1999, when it became fixed at 1 EUR= 40.3399 BEF/LUF, thus a franc was worth 0.024789 €. Old franc coins and notes lost their legal tender status in February 28, 2002. is the 1st day of the year in the Gregorian calendar. ... This article is about the year. ... February 28 is the 59th day of the year in the Gregorian calendar. ...


1 Luxembourg franc was equal to 1 Belgian franc. Belgian francs were legal tender inside Luxembourg, and Luxembourg francs were legal tender in Belgium.


The equivalent name of the Belgian franc in Dutch, Belgium's other official language, was "Belgische Frank."


Swiss franc and Liechtenstein frank

The Swiss franc (ISO code: CHF or 756), which appreciated significantly against the new European currency from April to September 2000, remains one of the world's strongest currencies, worth today around two-thirds of a euro. The Swiss franc is used in Switzerland and in Liechtenstein. Liechtenstein retains the ability to mint its own currency, the Liechtenstein frank, which it does from time to time for commemorative or emergency purposes. ISO 4217 Code CHF User(s) Switzerland, Liechtenstein, Campione dItalia Inflation 1. ... The frank has been the currency of Liechtenstein since 1920. ... ISO 4217 Code CHF User(s) Switzerland, Liechtenstein, Campione dItalia Inflation 1. ... ISO 4217 Code CHF User(s) Switzerland, Liechtenstein, Campione dItalia Inflation 1. ...


The name of the country "Swiss Confederation" is found on some of the coins in Latin (Confoederatio Helvetica), as Switzerland has four official languages, all of which are used on the notes. The denomination is abbreviated "Fr" on the coins which is the abbreviation in all four languages. For other uses, see Latin (disambiguation). ...


Congolese franc

The Congolese franc is used in the Democratic Republic of Congo. Suppressed in 1967 by Mobutu, it was re-established in 1998 by Laurent Kabila. The Congolese Franc is the currency of the Democratic Republic of Congo. ... The Congolese Franc is the currency of the Democratic Republic of Congo. ... Mobutu Sese Seko Nkuku wa za Banga (or Mobutu Sese Seko Koko Ngbendu Wa Za Banga; October 14, 1930 - September 7, 1997) was the President of Zaire (now the Democratic Republic of the Congo) from 1965 to 1997. ... Note: if you came to this web page after seeing it in a SPAM email, please be advised that (a) we have nothing to do with that spam and (b) the person who sent you the message is a criminal who is trying to steal your money. ...


Burundian franc

Used in Burundi. The franc (ISO 4217 code is BIF) is the currency of Burundi. ...


Rwandan franc

Used in Rwanda. The Rwandan franc is a currency used in the African nation of Rwanda. ...


Djiboutian franc

Used in Djibouti. Pegged to the US dollar since 1973. 500 Djibouti Franc note The Djiboutian franc is a currency used in the African nation of Djibouti. ... The United States dollar is the official currency of the United States. ...


Guinean franc

Used in Guinea. Suppressed in 1972 by dictator Sékou Touré, re-established in 1986 by his successor Lansana Conté. The Guinean franc (French: franc guinéen) is the currency used in the African nation of Guinea. ... Ahmed Sékou Touré (January 9, 1922 - March 26, 1984) was the first President of Guinea (1958 - 1984). ... Lansana Conté (born 1934) has been the President of Guinea since 3 April 1984. ...


Malagasy franc

The Malagasy franc was replaced by the Malagasy ariary on January 1, 2005. This controversial decision was made by President Marc Ravalomanana. The Malagasy franc is the defunct currency of Madagascar. ... The Malagasy ariary (currency code MGA) is the currency of Madagascar. ... is the 1st day of the year in the Gregorian calendar. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... Marc Ravalomanana (born December 12, 1949 in Imerinkasinina) is a Malagasy politician. ...


See also

The Cape Verdean Escudo is the currency of Cape Verde. ... The Latin Monetary Union (LMU) was a 19th century attempt to unify several European currencies into a single currency that could be used in all the member states, at a time when most national currencies were still made out of gold and silver. ... This article or section does not adequately cite its references or sources. ... The UIC Franc is a currency unit used by the Union Internationale de Chemins des fer (in English, the International Union of Railways). ... The Gold Franc was the unit of account for the Bank for International Settlements from 1930 until April 1, 2003. ... The livre tournois (or Tournoise pound) was a currency used in France, named after the town of Tours, in which it was minted. ... The main Roman currency during most of the Roman Republic and the western half of the Roman Empire consisted of coins including the aureus (gold), the denarius (silver), the sestertius (bronze), the dupondius (bronze), and the as (copper). ... This article needs to be wikified. ...

External links

  • Swiss Franc Tracker - CHF

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