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In 1935, the Belgian franc was devalued by 28% to 150.632 mg fine gold per Belga and the link between the Luxembourg and Belgian francs was revised to 1 Luxembourg franc = 1.25 Belgian francs. [4] Following Belgium's occupation by Germany in May 1940, the franc was fixed at a value of 10 Reichspfennige, reduced to 8 Reichspfennige in July 1940.
Like the French franc, the Belgian and Luxembourg francs ceased to exist on 1 January 1999, when they became fixed at 1 EUR = 40.3399 BEF/LUF, thus a Belgian or Luxembourg franc was worth €0.024789. Old franc coins and notes lost their legal tender status on 28 February 2002. One Luxembourg franc was equal to one Belgian franc.
The 5 franc coin was minted between 1941 and 1947, first by the Germans during the occupation of Belgium, and then by the Belgian government after the end of World War II. The coin composed of 100% zinc, and was an emergency issue type.
The National Bank of Belgium holds the copyright on the designs of the Belgian franc banknotes. As long as reproductions in advertising or illustrations cannot be mistaken for genuine banknotes they can be used without prior authorisation of the Bank of Belgium (official notice concerning the reproduction of banknotes for publicity reasons or ...
The German White Book, published in February 1915, claimed that imperial troops encountered francs-tireurs who were allegedly organized, armed, and trained by thehe Belgian government. According to the White Book, these francs-tireurs, comprising both men and women, and even children, conducted numerous covert attacks on German troops, leading ...
[1] [2] Under the terms of the treaty, the economic frontier was lifted and the Belgian franc and Luxembourg franc were set at a fixed parity (though revised in 1935 and 1944) establishing a fixed exchange rate system, which existed until the introduction of the euro. The original treaty lasted for fifty years, expiring in 1972; this was ...
The LMU adopted the specifications of the French gold franc, which had been introduced by Napoleon I in 1803 and was struck in denominations of 5, 10, 20, 40, 50 and 100 francs, with the 20 franc coin (6.45161 grams or 99.5636 grains of .900 fine gold struck on a 21-millimetre or 0.83-inch planchet) being the most common.
This is a timeline of Belgian history, ... Euro enters into circulation to replace the Belgian franc: November: Frank De Winne is the second Belgian in space