French Franc

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French Franc

The former currency of France. It traces its origins to the currency issued by King John the Good in 1360. The franc became the national currency following the French Revolution. It was initially pegged to silver, but wars of the 18th century led to the issue of paper currency, which caused inflation. In 1803, it was repegged to gold and silver. The franc was abandoned when France was part of the Latin Monetary Union but was readopted during World War I. Following World War II, the franc joined the Bretton Woods System and floated after that system's collapse. It was replaced by the euro in 1999 and was withdrawn from circulation in 2002.

References in periodicals archive ?

In December, the French franc stabilized around 25 francs per dollar--an 80 percent devaluation from the 1914 parity.

The International Gold Standard and U.S. monetary policy from World War I to the New Deal

First, the external competitiveness of the zone weakened as a result of the marked nominal appreciation of the French franc against the currencies of member-states' main trading partners and also as a result of a lack of an appropriate policy response by African Franc Zone members to this appreciation.

Franc Zone countries are still reeling after devaluation

We want to replace the pounds 100 so that she can use that to buy the French francs.

Travel firm's offer to bag snatch victim

It contained about pounds 100 in French francs ready for the woman's pilgrimage to Lourdes.

Robber grabs Lourdes trip cash

Previously when I have had liabilities in the French francs, I was obliged to have assets in French francs.

So what's Claude's next move?

5m French francs in damages for "material and moral prejudice" caused by the article.

EX-MP ALLASON TOLD TO PAY MIRROR pounds 2,200

In yesterday's preliminary prospectus for the flotation on June 22, the company announced a share price range of between 190 and 220 French Francs.

GEC Alsthom reveals French flavour with pounds 4bn flotation

The European Commission decided on 21 June that state aid amounting to 100 million French Francs (Euro 15,244,902) implemented by France for restructuring the company Manufacture Correzienne de Vetements (MCV) is against EU rules on aid.

STATE AID PAYMENTS TO FRENCH TEXTILES MANUFACTURER RULED ILLEGAL

Sterling - at its highest level for almost a decade - buys 16 per cent more Irish punts, 12 per cent more Spanish pesetas and 11 per cent more French francs.

FRANCS A LOT, pounds !

The day I was arrested, it was worth more than 4,000 French francs ($824) per share.