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Initially, notes of the Banque de la Réunion and the Colonial Treasury circulated alongside French currency. In 1896, coins were issued, followed by bank tokens in 1920. In 1945, the CFA franc was created and was adopted in Réunion, with distinct coins introduced in 1948.
After an initial period during which barter prevailed, the French livre began to circulate. In order to encourage coins into the colony, those circulating in New France were valued at a premium, creating a monnoye de pays (French monnaie de pays in Modern French) worth less than the French currency (monnoye de France, monnaie de France in Modern French).
The Réunion Film festival (festival du film de La Réunion) was created in 2005 and is chaired by Fabienne Redt. The festival presented first and second feature films by French directors. The 10th and last edition took place in 2014 in partnership mainly with the TEAT Champ Fleuri (Saint-Denis) and the city of Saint-Paul.
The French Constitution provides that, in general, French laws and regulations (France's civil code, penal code, administrative law, social laws, tax laws, etc.) apply to French overseas regions the same as in metropolitan France, but can be adapted as needed to suit the region's particular needs. Hence, the local administrations of French ...
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.
The initials CFP originally stood for colonies françaises du Pacifique (lit. ' French colonies of the Pacific ') but since 2022 is officially Collectivités françaises du Pacifique (lit. ' French Communities of the Pacific '). Its ISO 4217 currency code is XPF. The CFP franc is subdivided into 100 centimes, although there are no centime ...
The livre was the currency of various French colonies until the early 19th century. It was subdivided into 20 sous, each of 12 deniers.It was mostly issued in paper money form and was generally linked to the French livre at the rate of 1 + 1 ⁄ 2 colonial livres = 1 French livre.
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").