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The value of the new French franc, in 2007 euros. Years shaded in light blue indicate fixed exchange rate to the euro. In January 1960 the French franc was revalued, with 100 existing francs making one nouveau franc. [16] The abbreviation "NF" was used on the 1958 design banknotes until 1963.
This is a list of circulating fixed exchange rate currencies, ... Comorian franc: Euro: 491.96775 Cook Islands dollar: New Zealand dollar: 1 Cuban peso: U.S. dollar: 24
EUR euro cent: lira [53] Latvia: euro € EUR euro cent: lats [54] Liechtenstein: franc [55] [56] CHF CHF rappen, also called centime, centesimo, and rap krone [57] Lithuania: euro [58] [59] € EUR euro cent: litas Luxembourg: euro [60] € EUR euro cent: franc [61] Malta: euro [62] € EUR euro cent: lira [63] Moldova: leu [64] L MDL bani ...
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...
[2] The other French colonial currencies were set at a fixed exchange rate with the French franc. However, the CFP franc was set at a fixed exchange rate with the US dollar, which played a major role in the economy of the French Pacific territories on account of World War II. That situation ended in September 1949 when the CFP franc was given a ...
Outside the EU, there are currently three French territories and a British territory that have agreements to use the euro as their currency. All other dependent territories of eurozone member states that have opted not to be a part of EU, usually with Overseas Country and Territory (OCT) status, use local currencies which are often pegged to the euro or U.S. dollar.
This exchange rate was changed only twice, in 1948 and in 1994 (besides nominal adaptation to the new French franc in 1960 and the Euro in 1999). Exchange rate: 26 December 1945 to 16 October 1948 – F.CFA 1 = 1.70 French franc. This 70 centime premium is the consequence of the creation of the CFA franc, which spared the French African ...
When the euro was introduced on 1 January 1999, replacing the mark, French franc and ten other European currencies, it inherited the status of a major reserve currency from the mark. Since then, its contribution to official reserves has risen continually as banks seek to diversify their reserves, and trade in the eurozone continues to expand.