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The franc (/ f r æ ŋ k /; 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.
The exchange rate of 5.4 francs = 1 dollar was used on the island, although the exchange rate from the two gold standards was 5.1826 francs = 1 dollar. After the franc left the gold standard, only the franc circulated. During the Second World War, a full set of banknotes was introduced for the islands.
The franc is any of various units of currency.One franc is typically divided into 100 centimes.The name is said to derive from the Latin inscription francorum rex (King of the Franks) used on early French coins and until the 18th century, or from the French franc, meaning "frank" (and "free" in certain contexts, such as coup franc, "free kick").
The franc was the currency of Réunion until 1999. Before 1975, Réunion had its own franc, distinct from that of France. After 1975, [1] the French franc circulated. Réunion now uses the euro. The Réunion franc was subdivided into 100 centimes.
In 1726 it was first issued at issued 8.3 to a French Mark of silver, 11/12 fine (or 27.03 g fine silver), and valued at 6₶. The silver écu was further broken down into a 1 ⁄ 8 value coin (huitième d'écu), a 1 ⁄ 4 value coin (the quart d'écu) and a 1 ⁄ 2 value coin (the demi-écu). All had the king's bust on the obverse and the ...
Non-fixed exchange rate with the old French franc, which devalued four times vs. the US dollar. From F.CFP 1 = FF 2.40 (FF = French franc) in December 1945, the exchange rate reached F.CFP 1 = FF 5.50 in September 1949. 21 September 1949 to 31 December 1959 – Fixed exchange rate with the old French franc at F.CFP 1 = FF 5.50
French franc (20 French francs = 1 Saar mark) This infobox shows the latest status before this currency was rendered obsolete. The Saar mark was a currency issued on 16 June 1947 by the French government for use in Saar .
Half Louis d’or of Louis XIII (1643) [nb 2] The Louis d'or (a gold coin) replaced the franc which had been in circulation (in theory) since John II.In actual practice the principal gold coin circulating in France in the earlier 17th century had been Spanish: the 6.7-gram double escudo or "doubloon", of which the Louis d'or was an explicit copy.