| ISO 4217 | |
|---|---|
| Code | XFO |
| Demographics | |
| Date of introduction | 1930 |
| User(s) | Bank for International Settlements |
| Valuation | |
| Pegged with | 1 XFO = 0.290322 g fine gold |
| This infobox shows the latest status before this currency was rendered obsolete. | |
The gold franc (currency code: XFO) was the unit of account for the Bank for International Settlements from 1930 until April 1, 2003.[1] It was replaced with the special drawing right.[2] It was originally based on the Franc Germinal, and remained at the value the franc was pegged (0.290322 g fine gold) after the countries of the Latin Monetary Union came off the gold standard.[3]
- ^ "2000-2009". Bank for International Settlements. Archived from the original on 1 May 2012. Retrieved 20 August 2011.
- ^ Bank for International Settlements,"SDR to replace gold franc at the BIS", 10 March 2003.
- ^ Bank for International Settlements, 66th Annual General Meeting.