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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 50 centime coin was only issued in 1949. In 1967, nickel 10, 20 and 50 franc coins were introduced, followed by a nickel-bronze 100 franc coin in 1976. [2] The overall design of the New Caledonia coins did not change from their introduction until their withdrawal in 2023. The obverse was identical to that of the French Polynesian coins.
In September 2021 a new single set of coins was released, common to all three French Pacific Territories, to replace the two older sets of coins. The 1 and 2 franc coins were discontinued, and a new bimetallic 200 franc coin was issued. The old coins were withdrawn from circulation in January 2023.
The 500 and 5000 franc notes have had the state title since their introductions. The 100 franc notes were replaced by coins in 1976. In 1985, 10,000 franc notes common to all the French Pacific Territories were introduced. These were followed, between 1992 and 1996, by 500, 1000 and 5000 franc notes for all of the French Pacific Territories.
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").
Although Réunion's paper money was stamped with the equivalent value in new francs from 1960, the new franc did not replace the Réunion franc until 1975, [2] when French currency replaced Réunion's at a rate of 1 French (new) franc = 50 Réunion (CFA) francs.
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The new zaire (French: nouveau zaïre), symbol "NZ", ISO 4217 code ZRN, replaced the first zaire in 1993 at an exchange rate of 1 new zaire = 3,000,000 old zaires. It was subdivided into 100 new makuta (symbol: "NK"). This currency was only issued in banknote form and suffered from extremely high inflation to its predecessor until 1997.