Luxembourg Franc


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Related to Luxembourg Franc: Belgian franc

Luxembourg Franc

The former currency of Luxeumbourg. It was introduced in 1854 and remained in circulation until 2002, except for the period of German occupation during World War II. It was pegged to the Belgian franc at par for much of its history. It was replaced by the euro. See also: Belgium-Luxembourg Economic Union.
References in periodicals archive ?
FIXED CURRENCY EXCHANGE RATES One Euro Equals 13.7603 Austrian Schillings 40.3399 Belgian Francs 5.94573 Finnish Markaa 6.55957 French Francs 1.95583 German Marks 340.75 Greek Drachmai 0.787564 Irish Punts 1936.27 Italian Lire 40.3399 Luxembourg Francs 2.20371 Dutch Guilders 200.482 Portuguese Escudos 166.386 Spanish Pesetas
166.386 Spanish Pesetas = 6.55957 French Francs = 0.787564 Irish Punts = 1936.27 Italian Lire = 40.3399 Luxembourg Francs = 2.20371 Dutch Guilders = 13.7603 Austrian Shillings
Under its Amsterdam Special Action Programme (ASAP) set up last year to bolster growth and employment in Europe, the EIB is making available to Soci t Nationale du Cr dit l'Industrie (SNCI) 350 million Luxembourg Francs for on-lending in the form of subordinated loans to innovative SMEs to boost their capital base.