I'm wondering about the specific time or year when France stopped using francs as their official currency. I'm curious about this change in their financial system.
5 answers
GwanghwamunGuardianAngelWingsBlessing
Wed Nov 27 2024
Prior to this date, a transitional period of three years had elapsed during which the euro was recognized as the official currency.
CryptoMagician
Wed Nov 27 2024
However, during this period, the euro existed solely as 'book money' and was not physically circulated.
CryptoMercenary
Wed Nov 27 2024
The dual circulation period began, allowing both the French franc and the euro to have legal tender status.
Raffaele
Wed Nov 27 2024
The introduction of euro banknotes and coins in France took place on January 1, 2001.
Silvia
Wed Nov 27 2024
This dual circulation period ended on February 17, 2002, marking the official adoption of the euro as the sole currency in France.