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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 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").
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
The value of 1000 XPF in euros was instead rounded to the nearest euro cent upon the introduction of the euro. The 1960 and 1999 events are merely changes in the currency in use in France; the relative value of the CFP franc (XPF) vs. the French franc / euro is unchanged since 1949.
The current series of the Swiss franc coins (reverse faces) The coins of the Swiss franc are the official coins used in Switzerland and Liechtenstein.The name of the subunit is centime in French and internationally, [1] Rappen in German, centesimo in Italian, and rap in Romansh. [2]
Before 1890, the French franc and Canadian dollar both circulated on the islands. These were supplemented with local banknotes of the Banque des Îles Saint-Pierre-et-Miquelon from 1890. 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.
On 6 September 2011, the day after the franc traded at 1.11 CHF/€ and appeared headed to parity with the euro, the SNB set a minimum exchange rate of 1.20 CHF to the euro ('capping' the franc's appreciation), saying "the value of the franc is a threat to the economy", [33] and that it was "prepared to buy foreign currency in unlimited ...
Usage of: West African CFA franc Central African CFA franc The West African CFA franc (French: franc CFA or simply franc, ISO 4217 code: XOF; abbreviation: F.CFA) is the currency used by eight independent states in West Africa which make up the West African Economic and Monetary Union (UEMOA): Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo.