Search results
Results from the WOW.Com Content Network
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 (/ 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 Swiss franc is the currency and legal tender of Switzerland and Liechtenstein and also legal tender in the Italian exclave of Campione d'Italia. Although not formally legal tender in the German exclave of Büsingen am Hochrhein (the sole legal currency is the euro), it is in wide daily use there; with many prices quoted in Swiss francs.
The currency was pegged to the French franc (F) at F.CFA 1 = 2 French francs from 1948, becoming F.CFA 1 = NF 0.02 after introduction of the new franc at 1 new franc = 100 old francs. In 1994 the currency was devalued by half to F.CFA 1 = F 0.01.
The Swiss franc, or CHF, is the eighth-most valuable currency in the world. Traders will receive 0.92 CHF per USD. Many investors view the Swiss franc as a safe haven currency — one to flock to ...
The 1850–1876 coins were taken out of circulation in 1886; the coins of 1879 onward remain legal tender. As the Batzen in the concordate currency of the 1820s represented a tenth of a franc (in pre-revolutionary currency: a seventh of a franc), the 10 centime coin retained the name of Batzen colloquially. This coin, unchanged in design and ...
When French President Emmanuel Macron holds talks with his Ivory Coast counterpart on Saturday (December 22), the future of the French-backed CFA franc currency will be under scrutiny. It's a ...
All de facto present currencies in Europe, and an incomplete list of the preceding currency, are listed here. In Europe, the most commonly used currency is the euro (used by 26 countries); any country entering the European Union (EU) is expected to join the eurozone [ 1 ] when they meet the five convergence criteria. [ 2 ]