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Topic: French franc

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	French franc - Wikipedia, the free encyclopedia
		Though abolished as a legal coin by Louis XIII in 1641 in favor of the gold louis and silver écu, the term franc continued to be used in common parlance for the livre tournois.
		The franc was introduced by king John II of France in 1360.
		In January 1960 the French franc was revalued at 100 existing francs.
	en.wikipedia.org /wiki/French_franc (576 words)

	Franc - Wikipedia, the free encyclopedia
		The franc was originally a French gold coin of 3.87 g minted in 1360 on the occasion of the release of King John II ("the good"), held by the English since his capture at the Battle of Poitiers four years earlier.
		The French franc was the national currency of France from 1360 until 1641, and from 1795 until 1999 (franc coins and notes were legal tender until 2002).
		In 1926 Belgium as well as France experienced depreciation and an abrupt collapse of confidence, leading to the introduction of a new gold currency for international transactions, the belga of 5 francs, and the country's withdrawal from the monetary union, which ceased to exist at the end of the year.
	en.wikipedia.org /wiki/Franc (865 words)

	Wikinfo \| Franc (Site not responding. Last check: 2007-10-21)
		The franc was originally a French gold coin of 3.87g minted in 1360 on the occasion of the release of king John II ("the good"), held by the English since his capture at the Battle of Poitiers four years earlier.
		The franc was re-established as the national currency by the French revolutionary Convention in 1795 as a decimal unit of 4.5g of fine silver (theoretically slightly less than the livre of 4.505g, though the new coin was set in 1796 at 1.0125 livres, reflecting in part the past minting of sub-standard coin).
		In 1865 France, Belgium, Switzerland and Italy created the Latin Monetary Union (to be joined by Greece in 1868): each would possess a national currency unit (franc, lira, drachma) worth 4.5g of silver or.290322g of gold (fine), all freely exchangable at a rate of 1:1.
	www.wikinfo.org /wiki.php?title=Franc (875 words)

	Africa - Coins of West African States
		The CFA Franc West and the CFA Franc Central (the Franc of the denomination of the Central African States’ coins) are both backed by the French Treasury and fixed to the French Franc at a rate of 100 CFA Francs = 1 French Franc, with therefore, a fixed rate 665.957 CFA Francs to 1 Euro.
		The CFA Franc Central and the CFA Franc West are equal in value to the French Franc but, the coins and papermoney of these two varieties of the CFA Franc are only legal tender in their respective regions.
		The intial parity of the CFA Franc to the French French was 1 CFA Franc to 1.70 French Francs, the devaluation of the French Franc saw this change to 1 CFA Franc to 2.00 French Francs in 1948.
	www.wbcc.fsnet.co.uk /af-was.htm (1417 words)

	Patrick Guillaumont
		The franc zone faced, in the beginning of 2002, with a major event, the disappearance of French franc banknotes and coins that are going to be replaced by the euro, whereas it seems that this extinct currency was at the very foundations of its identity.
		However, French francs are certainly held in Africa, as currency of precaution since a very long time, and as an instrument for transferring funds abroad, since the BCEAO as the BEAC decided in 1993 not to purchase their bankbills abroad.
		Beyond the symbolic meaning of the disappearance of the franc and a particularly striking fixed rate of 100 CFA francs for 1 French franc, the political range of the introduction of the euro is very important for the franc zone.
	www.african-geopolitics.org /show.aspx?ArticleId=3119 (2392 words)

	A Monetary Policy to Boost Regional Competitiveness (Site not responding. Last check: 2007-10-21)
		At first glance, the franc zone may appear to be a vestige of French colonialism, a long-outdated means by which France still exerts a degree of economic control over its former subjects.
		France has seen to it that neither of the two CFA central banks has run a negative account balance, again providing a cushion against excessive borrowing.
		Because it is pegged to the French franc, and because the franc has appreciated considerably relative to the US dollar since 1986, the strength of the CFA franc has caused the exports of member countries to become prohibitively expensive, making it almost impossible for local products to compete on the world market.
	www.cipe.org /publications/fs/ert/e09/afrpt2-3.htm (1707 words)

	globalEDGE (TM) \| country insights - History of Djibouti (Site not responding. Last check: 2007-10-21)
		It is the successor to French Somaliland (later called the French Territory of the Afars and Issas), which was created in the first half of the 19th century as a result of French interest in the Horn of Africa.
		Further exploration by Henri Lambert, French Consular Agent at Aden, and Captain Fleuriot de Langle led to a treaty of friendship and assistance between France and the sultans of Raheita, Tadjoura, and Gobaad, from whom the French purchased the anchorage of Obock (1862).
		The area was ruled by the Vichy (French) government from the fall of France until December 1942, and fell under British blockade during that period.
	globaledge.msu.edu /ibrd/CountryHistory.asp?CountryID=188&RegionID=5 (1249 words)

	Wikinfo \| CFA franc (Site not responding. Last check: 2007-10-21)
		The CFA franc (in French: franc CFA, or just franc in everyday conversation if no ambiguity is possible) is a currency used in 12 formerly French-ruled African countries, as well as in Guinea-Bissau (former Portuguese colony) and in Equatorial Guinea (former Spanish colony).
		When France ratified the Bretton Woods Agreement in December 1945, the French franc was devalued in order to set a fixed exchange rate with the US dollar.
		This 0.70 FRF premium is the consequence of the creation of the CFA franc which spared the French African colonies the devaluation of December 1945 (before December 1945, 1 local franc in these colonies was worth 1 French franc).
	www.wikinfo.org /wiki.php?title=CFA_franc (935 words)

	French franc tmp - Hutchinson encyclopedia article about French franc tmp (Site not responding. Last check: 2007-10-21)
		The franc was called the franc from 1360 when it was a gold coin inscribed Francorum Rex, ‘King of the Franks’.
		The franc CFA (Communauté française d'Afrique) is the currency of the former French territories in Africa; in France's Pacific territories the franc CFP (Communauté française du pacifique) is used.
		The franc is the currency unit of Switzerland, and, until 2002, was the currency in Belgium and Luxembourg.
	encyclopedia.farlex.com /French+franc+tmp (168 words)

	BBC News \| Europe \| Euro Cash \| Spent currencies
		One of Europe's oldest currencies, the franc was first minted in the 14th century to pay a King's ransom for the liberation of King John the Good.
		In an attempt to overcome lack of public confidence in the currency, a new version of the franc - the franc Poincare, named after the finance minister - was introduced and the last of the silver Semeuse coins were withdrawn.
		With the occupation of France, the franc became a satellite currency of the German reichsmark - at an advantageous rate for the occupiers.
	news.bbc.co.uk /hi/english/static/in_depth/business/2001/euro_cash/spent_currencies/f_franc.stm (281 words)

	French Currency (Site not responding. Last check: 2007-10-21)
		France made use of what was known as "Old Francs" until 1960, when their currency was revalued, and everyone was introduced to "New Francs".
		The famous French writer, Victor Hugo (1802-1885) is pictured, and to his left is the Madeline Church, situated in Paris.
		The French government commenced withdrawal of this note in 1955 and replaced it with a coin of equal value.
	www.marville.org /misc/mamisc-4.html (296 words)

	French 20 Franc Lucky Angel \| Rare World Gold Coins
		The Angel represented on the obverse is the guardian angel Genius as she inscribes the French Constitution upon a tablet next to a pillar and a rooster.
		French 20 Franc Rooster Gold Coins –; Contains an equal amount of gold, but is more affordable than the French Angel.
		French 20 Franc Napoleon III Gold Coins –; Gold Francs from the time of Napoleon I's nephew's reign.
	www.goldline.com /coin/rare-coins/gold-coins/french-20-franc-angel-coin.html (386 words)

	BBC News \| EUROPE \| Your memories of the French franc
		As a foreigner who came to France in 1986, I remember the old 50 franc note which was grey and all wrinkled.
		Until the spring of 1998 when I left France, many people in their sixties in the rural community of the Sarthe were still counting and making every day transactions in "ancien francs".
		I come from the French Alps near Geneva and since I was a child I used French francs as well as Swiss francs to go shopping, depending on which side of the border I was.
	news.bbc.co.uk /1/hi/world/europe/1820104.stm (1218 words)

	JS Online: Clock Ticks Away Life of the Franc
		The French franc has been circulating side-by-side with the euro since the new currency was introduced Jan. 1 in 12 European countries.
		The first franc, a gold coin, was created in December 1360 to pay off ransom to the English to free King Jean Le Bon, held for four years during the 100 Years War.
		The franc was later eclipsed by the ecu and other currencies, to be permanently revived in 1795.
	www.jsonline.com /bym/news/ap/feb02/ap-french-franc-ad021602.asp?format=print (618 words)

	INSEE - Purchasing power of the euro and the French franc
		The purchasing power of the euro and the French franc measures monetary erosion due to inflation.
		The euro and French franc purchasing power indicator is suitable for measuring monetary erosion related to household consumption.
		Multiply the initial sum of FRF 1,000 French francs by 0.17811: the result is EUR 178.11.
	www.insee.fr /en/indicateur/achatfranc.htm (603 words)

	The CFA franc: new peg for a common currency (Site not responding. Last check: 2007-10-21)
		The CFA franc is the common currency of 14 countries in West and Central Africa, 12 of which are former French colonies.
		Although the two CFA francs are legal tender only in their respective regions, each region's central bank maintains the same parity of its CFA franc against the French franc and capital can move freely between the two regions.
		The fixed parity between the euro and the CFA franc is based on the official, fixed conversion rate for the French franc and the euro set on January 1, 1999 (FF6.55957 = EURO1).
	www.un.org /ecosocdev/geninfo/afrec/subjindx/124euro3.htm (559 words)

	French 20 Franc Rooster Gold Coins \| Rare World Gold Coins
		The French 20 Franc Rooster is one of the most affordable, and therefore popular, of all our classic European gold coins.
		Scarcity was increased by the melting of millions of gold 20 Francs during the 1930's after private ownership of gold was outlawed in the United States.
		French 20 Franc Angel Gold Coin –; This coin is legendary for its purported ability to bring luck to its owner.
	www.goldline.com /coin/rare-coins/gold-coins/french-franc-rooster.html (376 words)

	FRANCE CONSIDERING THE EURO FOR PACIFIC TERRITORIES - December 9, 2004 (Site not responding. Last check: 2007-10-21)
		French Polynesia is an OCT member, along with the two other French Pacific territories invited to Friday’s meeting in Paris—New Caledonia and Wallis and Futuna.
		Now the French State is inviting the political leaders of the three territories to go to Paris to each clarify their position on the adoption of the euro.
		Although the French franc has disappeared from use, the F CFP continues to exist as a separate monetary entity.
	pidp.eastwestcenter.org /pireport/2004/December/12-09-11.htm (513 words)

	Worldworx Travel - Safety - Americas - French Guiana
		French Guiana is an overseas department of France.
		French is the predominant language; English is not widely spoken.
		French Guiana has a relatively moderate to high volume of traffic and police enforce traffic safety.
	www.worldworx.tv /safety/americas/french-guiana (572 words)

	France
		France was then the most powerful nation in Europe, with a population of 15 million.
		France was split into an occupied north and an unoccupied south, Vichy France, which became a totalitarian German puppet state with Pétain as its chief.
		France sent peacekeeping forces to assist two African countries in 2002 and 2003, Côte d'Ivoire and the Democratic Republic of the Congo.
	www.infoplease.com /ipa/A0107517.html (2127 words)

	Africa Recovery/UN/12#4.euro impact on Africa
		For companies in CFA countries trading with companies in the European countries sharing the euro with France, the shift in the currency peg from the French franc to the euro would also mean lower commercial and currency transaction costs.
		And because the euro is forecast to be a stronger currency than the French franc, some believe this could put pressure on the CFA franc to devalue against the euro.
		Many CFA franc zone mechanisms were simply the "monetary dimension of the colonial agreement," he said, noting that "exchange rate policies played a major role in [France's] domination of its colonies." And today, the fixed exchange rate regime "remains an essential factor in determining the economic performance of the CFA franc zone," Mr.
	www.un.org /ecosocdev/geninfo/afrec/vol12no4/euro.htm (4843 words)

	Euro Collections International :: View Product
		Oscar Roty had given French currency the image of "The Sower", portrayed on the 5 franc, 2 franc, 1 franc and 50 centime coins of 1897, and the 1 franc and 5 franc coins of 1960.
		The Sower is permanently associated with the French franc in everyone's memory.
		The Sower will always be associated with the French franc and she will continue to convey her message, "I sow and I grow wealthier".
	www.eurocollections.com /catalog/?category=193&product=1470 (365 words)

	The CFA franc zone and the EMU (Site not responding. Last check: 2007-10-21)
		The prospective shift of the peg of the CFA franc from the French franc to the euro raises a number of questions.
		The potential economic consequences on the CFA franc countries could be positive over the longer term, given the general expectation that the creation of the EMU would likely result in a stable euro, low inflation and interest rates, and stronger-than-otherwise output growth in EMU countries.
		The main risk is a potential weakening of the external competitiveness of the CFA franc countries, arising from possible complications in the EMU process and the likelihood that the euro might be unduly strong and volatile.
	www.eldis.org /static/DOC4719.htm (249 words)

	History of the CFA Franc (Site not responding. Last check: 2007-10-21)
		The CFA Franc was created on December 26, 1945, the day when France ratified the Bretton Woods agreement and made its first declaration of parity to the IMF.
		At that time, it was standing for Franc des Colonies Françaises d'Afrique (Franc of the French Colonies of Africa).
		Nowaday, the denomination CFA Franc means franc de la Communauté Financière d'Afrique (franc of the African Financial Community) for WAEMU member States, and franc de la Coopération Financière en Afrique Centrale (franc of Financial Cooperation in Central Africa) for countries belonging to the BEAC area.
	www.bceao.int /internet/bcweb.nsf/pages/umuse1 (300 words)

	French Guiana map and information page by World Atlas
		French Guiana was largely ignored until the 18th century when numerous governments tried to control the area, including France, the United Kingdom, the Netherlands and Portugal.
		France gave it Overseas Department status in 1946, under which the territory is effectively an integral part of the French nation.
		The department is represented in the French national assembly and senate.
	www.worldatlas.com /webimage/countrys/samerica/gf.htm (394 words)

	CFA franc (Site not responding. Last check: 2007-10-21)
		When France ratified the [[Bretton Woods systemBretton Woods Agreement]] in December [[1945]], the [[French franc]] was devalued in order to set a [[fixed exchange rate]] with the [[US dollar]].
		The CFA franc was created with a fixed exchange rate vs. the [[French franc]].
		The exchange rate vs. the [[French franc]] was changed only twice: in [[1948]] and in [[1994]].Exchange rate: * [[December 26]], [[1945]] to [[October 16]], [[1948]] – 1 CFA franc = 1.70 FRF (FRF = French franc).
	cfafranc.quickseek.com (1006 words)

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