Cryptocurrency Q&A
Why doesn't France use francs?
Why doesn't France use francs?
Gianluca
Sun Nov 24 2024
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7 answers
1659
I've been wondering why France doesn't use francs as its currency anymore. I know francs were the official currency of France in the past, but now it seems like they've switched to using euros. I'm curious about the reason behind this change.
7 answers
TaegeukChampionship
Tue Nov 26 2024
Following the introduction of the euro, French francs ceased to be legal tender.
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NavigatorEcho
Tue Nov 26 2024
The exchange rate of the French franc to the euro was fixed on December 31, 1991.
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CryptoProphet
Tue Nov 26 2024
This change took effect on February 28, 2001.
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ShintoBlessed
Tue Nov 26 2024
Despite this, French francs could still be exchanged at banks.
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Martino
Tue Nov 26 2024
The official exchange rate was set at 1 euro equal to 6.55957 French francs.
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