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The Banque de l'Indochine introduced 500 franc notes in 1923, followed by 1000 francs in 1940. Wartime emergency currency was issued during both World War I [3] and World War II [4] in denominations ranging from 25 centimes to 2½ francs. The illustrated notes (right) are from the 1943 issue of Bons de Caisse des Etablissements Français de l ...
During his rule, gold coins with denominations of 10 francs and 20 francs were minted in 1930. They depict on the obverse side the bust of the prince, now facing to the right again. From then on, Liechtenstein francs were minted only for collection purposes, since the Swiss franc had become the main currency of Liechtenstein.
The ariary was introduced in 1961. It was equal to 5 Malagasy francs. Coins and banknotes were issued denominated in both francs and ariary, with the sub-unit of the ariary, the iraimbilanja, worth 1 ⁄ 5 of an ariary and therefore equal to the franc. The ariary replaced the franc as the official currency of Madagascar on January 1, 2005.
The Treasury again issued 50 centime, 1 and 2 franc notes in 1942 in the name of the Free French, with 5 and 20 franc notes added in 1943. In 1969, the Institut d'Emission d'Outre-Mer, Nouméa took over the issuance of paper money, introducing notes for 100, 500, 1000 and 5000 francs. The 100 and 1000 franc notes have two variants.
Swiss German (one selection, terms vary in different dialects):; Füfräppler for a 5 centimes coin; Zëhräppler for a 10 centimes coin; Zwänzgräppler for a 20 centimes coin; [1] Stutz [2] or Franke [3] for a 1 franc coin or change in general; Füüfliiber for a 5 francs coin; [4] Rappe and Batze are specifically used for coin below 1 franc, but also figuratively for change in general [5] [6]
Notes were issued in denominations of 5, 10, 20, 50, 100, and 1,000 francs, followed by those of 500 francs in 1949, and 5,000 francs in 1952. In 1957, the Institut d'Émission de l'Afrique Équatoriale Française et du Cameroun took over paper money production, issuing all of the earlier denominations except for the 500 -franc bill.
The first Malagasy coins were issued in 1943 by the Free French. These were bronze 50 centime and 1 franc coins bearing the Cross of Lorraine symbol. In 1948, aluminum 1 and 2 franc coins were introduced, followed by aluminum 5 francs and aluminum bronze 10 and 20 francs in 1953. From 1965, coins were issued denominated in both francs and ariary.
Since the lowest denomination in use is now the 5 franc coin, cash transactions are now subject to rounding: Ending in 1 or 2 francs: round down to 0. Ending in 3 or 4 francs: round up to 5. Ending in 6 or 7 francs: round down to 5. Ending in 8 or 9 francs: round up to 10. Ending in 0 or 5 francs: remain unchanged.