French Franc - F

French Franc - F
A currency used in France, prior to the introduction of the euro. The French franc, whose symbol was "F" or "FF," was the national currency until the euro was introduced for accounting purposes in 1999, and as coins and banknotes in 2002. The French franc was also used in Andorra, which had no national currency of its own, with legal tender. Coins worth one livre tournois between 1360 and 1641 were called francs; the name became common terminology for coins of this value. Other countries that used the franc include French Polynesia, Monaco, Saar and Saarland.

The French franc was divided into subunits called centimes. Coins were available in 5, 1, and 20 centimes; 0.5, 1, 2, 5, 10 and 20 francs. Banknotes were available in denominations of 20, 50, 100, 200 and 500 francs.

The franc was established in 1360 by King John II. The name stems from the inscription "Johannes Dei Gratia Francorum Rex," which translates to "John by the grace of God King of the Franks." In 1795, the decimal franc was established as the national currency, where 1 franc was equal to 10 decimes, which were equal to 100 centimes of 4.5 grams of silver.

The new franc was introduced in 1960, which was worth 100 of the old francs. Holders of franc coins could exchange them for euros at the Banque de France until February 2005; banknotes can be exchanged until February 2012.


Investment dictionary. . 2012.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • French franc — franc français (French) …   Wikipedia

  • French franc — noun The former currency of France, now superseded by the euro. Symbol: FF Syn: franc …   Wiktionary

  • French franc — noun formerly the basic unit of money in France • Hypernyms: ↑franc …   Useful english dictionary

  • French Guiana — French Guianese, French Guianan. /gee an euh, gee ah neuh/ an overseas department of France, on the NE coast of South America: formerly a French colony. 49,200; 35,135 sq. mi. (91,000 sq. km). Cap.: Cayenne. * * * French Guiana Introduction… …   Universalium

  • Franc — The franc is the name of several currency units, most notably the French franc, the currency of France until it adopted the euro in 1999 (by law, 2002 de facto), and the Swiss franc, still a major world currency today due to the prominence of… …   Wikipedia

  • French Polynesian franc — The franc is the currency of French Polynesia. It is subdivided into 100 centimes . Since 1945, it has been part of the CFP franc.HistoryUntil 1914, the French franc circulated in French Polynesia. That year, banknotes were issued specifically… …   Wikipedia

  • franc — /frangk/; Fr. /frddahonn/, n., pl. francs /frangks/; Fr. /frddahonn/. 1. an aluminum or nickel coin and monetary unit of France, equal to 100 centimes. Abbr.: F., f., Fr, fr. 2. any of the monetary units of various other nations and territories,… …   Universalium

  • French Resistance — The French Resistance is the collective name used for the French resistance movements which fought against the Nazi German occupation of France and the collaborationist Vichy Regime during World War II. Resistance groups comprised small groups of …   Wikipedia

  • French Camerounian franc — The franc was the currency of French Cameroun. It was subdivided into 100 centimes.HistoryFollowing the occupation of eastern Cameroon by French forces, the French franc was introduced as currency to replace the German mark. This was augmented… …   Wikipedia

  • French Guianan franc — The franc was the currency of French Guiana until 2002. The French franc circulated alongside banknotes issued specifically for French Guyana between 1888 and 1961 and notes issued for French Guyana, Guadeloupe and Martinique (collectively… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”