| franc français (French) | |||||
|---|---|---|---|---|---|
| |||||
| ISO 4217 | |||||
| Code | FRF (1960–2002) | ||||
| Unit | |||||
| Unit | franc | ||||
| Symbol | F or Fr (briefly also NF during the 1960s; also unofficially FF and ₣) | ||||
| Nickname | balles (1 F);[1][n 1] sacs (10 F); bâton, brique, patate, plaque (10,000 F) | ||||
| Denominations | |||||
| Subunit | |||||
| 1⁄100 | centime | ||||
| Banknotes | |||||
| Freq. used | 20 F, 50 F, 100 F, 200 F, 500 F | ||||
| Coins | |||||
| Freq. used | 5, 10, 20 centimes, 1⁄2 F, 1 F, 2 F, 5 F, 10 F | ||||
| Rarely used | 1 centime, 20 F, 50 F | ||||
| Demographics | |||||
| User(s) | None, previously: France Monaco Andorra (until 2002) | ||||
| Issuance | |||||
| Central bank | Banque de France | ||||
| Website | www | ||||
| Mint | Monnaie de Paris | ||||
| Website | www | ||||
| Valuation | |||||
| Pegged by | KMF, XAF & XOF, XPF, ADF, MCF | ||||
| EU Exchange Rate Mechanism (ERM) | |||||
| Since | 13 March 1979 | ||||
| Fixed rate since | 31 December 1998 | ||||
| Replaced by euro, non cash | 1 January 1999 | ||||
| Replaced by euro, cash | 1 March 2002 | ||||
| 1 € = | 6.55957 F | ||||
| This infobox shows the latest status before this currency was rendered obsolete. | |||||
The franc (/fræŋk/; French: franc français, [fʁɑ̃ fʁɑ̃sɛ]; sign: F or Fr),[n 2] also commonly distinguished as the French franc (FF), was a currency of France. Between 1360 and 1641, it was the name of coins worth 1 livre tournois and it remained in common parlance as a term for this amount of money. It was reintroduced (in decimal form) in 1795. After two centuries of inflation, it was redenominated in 1960, with each new franc (NF) being worth 100 old francs. The NF designation was continued for a few years before the currency returned to being simply the franc. Many French residents, though, continued to quote prices of especially expensive items in terms of the old franc (equivalent to the new centime), up to and even after the introduction of the euro (for coins and banknotes) in 2002.[4] The French franc was a commonly held international reserve currency of reference in the 19th and 20th centuries. Between 1998 and 2002, the conversion of francs to euros was carried out at a rate of 6.55957 francs to 1 euro.
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