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.
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