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Franc Ramškugler
The franc is any of various units of currency. One franc is typically divided into 100 centimes. The name is said to derive from the Latin inscription ''francorum rex'' (King of the Franks) used on early French coins and until the 18th century, or from the French ''franc'', meaning "frank" (and "free" in certain contexts, such as ''coup franc'', "free kick"). The countries that use francs today include Switzerland, Liechtenstein, and most of Francophone Africa. The Swiss franc is a major world currency today due to the prominence of Swiss financial institutions. Before the introduction of the euro in 1999, francs were also used in France, Belgium and Luxembourg, while Andorra and Monaco accepted the French franc as legal tender (Monégasque franc). The franc was also used in French colonies including Algeria and Cambodia. The franc is sometimes Italianised or Hispanicised as the ''franco'', for instance in Luccan franco. Origins The franc was originally a French gold coin of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currency
A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance; i.e., legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term ''currency'' appear in the respective synonymous articles: banknote, coin, and money. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Livre Tournois
The (; ; abbreviation: ₶ or £) was one of numerous currencies used in France in the Middle Ages, medieval France, and a unit of account (i.e., a monetary unit used in accounting) used in early modern France. The 1262 monetary reform established the as 20 , or 80.88 grams of Fineness, fine silver. The was a gold coin of one minted in large numbers from 1360. In 1549, the was decreed a unit of account, and in 1667 it officially replaced the . In 1720, the was redefined as 0.31 grams of pure gold, and in 1726, in a devaluation under Louis XV, as 4.50516 grams of fine silver. It was the basis of the revolutionary French franc of 1795, defined as 4.5 grams of fine silver exactly. Circulating currency In France, the was worth 240 French denier, deniers (the "Tours penny"). These deniers were first minted by the Basilica of Saint Martin, Tours, abbey of Saint Martin, in the Provinces of France, province of Touraine. Soon after Philip II of France seized the counties of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luxembourgish
Luxembourgish ( ; also ''Luxemburgish'', ''Luxembourgian'', ''Letzebu(e)rgesch''; ) is a West Germanic language that is spoken mainly in Luxembourg. About 400,000 people speak Luxembourgish worldwide. The language is standardized and officially the national language of the Grand Duchy of Luxembourg. As such, Luxembourgish is different from the German language also used in the Grand Duchy. The German language exists in a national standard variety of Luxembourg, which is slightly different from the standard varieties in Germany, Austria or Switzerland. Another important language of Luxembourg is French, which had a certain influence on both the national language, Luxembourgish, and the Luxembourg national variety of German. Luxembourgish, German and French are the three official languages ''(Amtssprachen)'' of Luxembourg. As a standard form of the Moselle Franconian language, Luxembourgish has similarities with other High German dialects and the wider group of West Germanic lan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Latin Monetary Union
The Monetary Convention of 23 December 1865 was a unified system of coinage that provided a degree of monetary integration among several European countries, initially Belgium, France, Italy and Switzerland, at a time when the circulation of banknotes in these countries remained relatively marginal. In early 1866, it started being referred to in the British press as the Latin Monetary Union, with intent to make clear that the United Kingdom would not join, and has been generally referred to under that name () and the acronym LMU since then. A number of countries minted coins according to the LMU standard even though they did not formally join the LMU. The LMU has been viewed as a forerunner of late-20th-century European monetary union but cannot be directly compared with it, not least since the LMU did not rely on any common institutions. Unlike the Scandinavian Monetary Union established a few years later, the Latin Monetary Union remained limited to coinage and never extended ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Italian Lira
The lira ( , ; : lire, , ) was the currency of Italy between 1861 and 2002. It was introduced by the Kingdom of Italy (Napoleonic), Napoleonic Kingdom of Italy in 1807 at par with the French franc, and was subsequently adopted by the different states that would eventually form the Kingdom of Italy in 1861. It was subdivided into 100 ''centesimi'' (: ''centesimo''), which means "hundredths" or "cents". The lira was also the currency of the Albanian Kingdom (1939-1943), Albanian Kingdom from 1941 to 1943. The term originates from ''libra'', the largest unit of the Carolingian monetary system used in Western Europe and elsewhere from the 8th to the 20th century. The Carolingian system is the origin of the French ''livre tournois'' (predecessor of the franc), the Italian lira, and the Pound (currency), pound unit of Pound sterling, sterling and related currencies. In 1999, the euro became Italy's unit of account and the lira became a national subunit of the euro at a rate of €1 = ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Comorian Franc
The franc (; ; sign: FC; ISO 4217 code: KMF) is the official currency of Comoros. It is nominally subdivided into 100 ''centimes'', although no centime denominations have ever been issued. History The French franc became the currency of Comoros after the islands became a French protectorate in 1886. In 1891, Sultan Said Ali bin Said Omar of Grande Comore (Ngazidja) issued coins denominated in centimes and francs which circulated alongside French currency. In 1912, the Comoros became a province of Madagascar, which was also a French colonial empires, French possession. French banknotes and coins circulated in the colony. Apart from an emergency issue of small change notes in 1920, the French currency circulated alone until 1925. On 1 July 1925, the French government formed an agreement with the ''Banque de Paris et des Pays-Bas'' to create the Banque de Madagascar, headquartered in Paris, and granted it a Government-granted monopoly, private monopoly to monetary authority, issue c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Comoros
The Comoros, officially the Union of the Comoros, is an archipelagic country made up of three islands in Southeastern Africa, located at the northern end of the Mozambique Channel in the Indian Ocean. Its capital and largest city is Moroni, Comoros, Moroni. The religion of the majority of the population, and the official state religion, is Sunni Islam. Comoros proclaimed its List of sovereign states by date of formation, independence from France on 6 July 1975. The Comoros is the only country of the Arab League which is entirely in the Southern Hemisphere. It is a member state of the African Union, the ''Organisation internationale de la Francophonie'', the Organisation of Islamic Co-operation, and the Indian Ocean Commission. The country has three official languages: Shikomori, French language, French and Arabic. At , the Comoros is the third-smallest African country by area after São Tomé and Príncipe and Seychelles. In 2019, its population was estimated to be 850,886. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Islands Controlled By France In The Indian And Pacific Oceans
This is a list of islands of France, including both metropolitan France and French overseas islands. Ranking of French islands By area All French islands over , ranked by decreasing area. By population List of the most populated French islands. Islands of metropolitan France Atlantic coast List of inhabited islands of Atlantic France: Normandy Brittany = Ille et Vilaine = = Côtes-d'Armor = = Finistère = = Morbihan = Pays de la Loire Poitou-Charentes Aquitaine *Banc d'Arguin (island), Banc d'Arguin *Île aux oiseaux (in Arcachon Bay) *Phare de Cordouan Mediterranean coast Languedoc-Roussillon *Fort de Brescou Provence-Alpes-Côte-d'Azur Corsica Islands in lakes and rivers Alsace *Grande Île, Strasbourg, Grande Île, ''in Strasbourg on the Ill (France), Ill River'' Île-de-France Midi-Pyrénées *Île du Ramier, ''in Toulouse on the Garonne River'' Pays de la Loire *Île de Nantes, ''in Nantes on the Loire River'' *Béhuar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CFP Franc
The CFP franc (French language, French: , called the ''franc'' in everyday use) is the currency used in the France, French overseas collectivity, overseas collectivities (, or COM) of French Polynesia, New Caledonia, and Wallis and Futuna. The initials ''CFP'' originally stood for () but since 2022 is officially (). Its ISO 4217 currency code is ''XPF''. The CFP franc is subdivided into 100 centimes, although there are no centime denominations. The currency is issued by ''Institut d'émission d'outre-mer'' (IEOM). History 1945–1949 The CFP franc was created in December 1945, together with the CFA franc, used in Africa, because of the weakness of the French franc immediately after the World War II, Second World War. When France ratified the Bretton Woods system, Bretton Woods Agreement in December 1945, the French franc was devalued in order to set a fixed exchange rate with the United States dollar, US dollar. New currencies were created in the French colonies to spare ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CFA Franc
CFA franc (, ) is the name of two currencies used by 210 million people (as of 2023) in fourteen African countries: the West African CFA franc (where "CFA" stands for , i.e. "African Financial Community" in English), used in eight West African countries, and the Central African CFA franc (where "CFA" stands for , i.e. "Financial Cooperation in Central Africa" in English), used in six Central African countries. The ISO currency codes are XOF for the West African CFA franc and XAF for the Central African CFA franc. Although the two currencies are commonly called ''CFA franc'' and (currently) have the same value, they are not interchangeable. It is therefore not a common monetary zone but two juxtaposed zones. Both CFA francs have a fixed exchange rate (peg) to the euro guaranteed by France: €1 = F.CFA 655.957 exactly. To ensure this convertibility guarantee, member countries were required to deposit half of their foreign exchange reserves with the French Treasury, but this ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Reserve
The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises. Although an instrument of the U.S. government, the Federal Reserve System considers itself "an independent central bank because its monetary policy decisions do not have to be approved by the president or by anyone else in the executive or legislative branches of government, it does not receive funding appropriated by Congress, and the terms of the members of the board of governors span multiple presidential and congressional terms." Over the years, events such as the Great Depression in the 1930s and the Great Recession during the 2000s have led to the expansion of the roles and responsibi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Introduction Of The Euro
The euro came into existence on 1 January 1999, although it had been a goal of the European Union (EU) and its predecessors since the 1960s. After tough negotiations, the Maastricht Treaty entered into force in 1993 with the goal of creating an economic and monetary union (EMU) by 1999 for all Member state of the European Union, EU states except the UK and Denmark (even though Denmark has a fixed exchange rate policy with the euro). The currency was formed virtually in 1999; notes and coins began to circulate in 2002. It rapidly took over from the former Currencies of the European Union, national currencies and Enlargement of the eurozone, slowly expanded to Enlargement of the European Union, the rest of the EU. In 2009, the Lisbon Treaty finalised its political authority, the Eurogroup, alongside the European Central Bank. Development Early ideas The first ideas of an economic and monetary union in Europe were raised well before establishing the European Communities. For e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
