Currency of France

The official currency of France was noted as Franc. In the year 2002, Franc was replaced by the Euro. France Travel Guide gives you information about the Currency of France. The name Franc has been derived from a Latin inscription, which means `King of the Franks'. In the early days, the French coins had the term `francorum rex' inscribed on them. The colonies of the French Empire, such as Cambodia and Algeria used Franc as their currency. Monaco and Andorra used the currency as legal tender. One unit of Franc is divided into 100 centimes. The French Franc is denoted with the symbol of a 'F'.

In the year 1360, the Franc was printed on the occasion of the release of King John II. At that time, the Franc was actually a gold coin. This coin weighed about 3.87 grams. The Franc was the official Currency of France from the year 1360 from 1641. Franc was again the national currency in France from the year 1795 to 1999. However, the Franc notes and Franc coins continued to serve the purpose of legal tender until the year 2002.

After the use of Franc as the national Currency of France was abolished, the Euro was introduced. Euro became the basic monetary unit in the country. The currency of Franc was also minted for use in past French colonies like, French West Africa, Algieria, Morocco, and others. However, even after these colonies have achieved independence from the French, they still continue using Franc as the basis of their commercial transactions.