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Centime
Centime (from la, centesimus) is French for " cent", and is used in English as the name of the fraction currency in several Francophone countries (including Switzerland, Algeria, Belgium, Morocco and France). In France, the usage of ''centime'' goes back to the introduction of the decimal monetary system under Napoleon. This system aimed at replacing non-decimal fractions of older coins. A five-centime coin was known as a ''sou'', i.e. a solidus or shilling. In Francophone Canada of a Canadian dollar is officially known as a ''cent'' (pronounced /sɛnt/) in both English and French. However, in practice, the form of ''cenne'' (pronounced /sɛn/) has completely replaced the official ''cent''. Spoken and written use of the official form ''cent'' in Francophone Canada is exceptionally uncommon. In the Canadian French vernacular ''sou'', ''sou noir'' (' means "black" in French), ''cenne'', and ''cenne noire'' are all widely known, used, and accepted monikers when referring to e ...
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Algerian Dinar
The dinar ( ar, rtl=yes, 1=دينار جزائري, links=, lit=, translit=Dīnār Ǧazāʾirī, ber, script=Tfng, 1=ⴷⵉⵏⴰⵕ ⴰⴷⵣⴰⵢⵔⵉ, links=, lit=, translit=, label=; sign: DA; code: DZD) is the monetary currency of Algeria and it is subdivided into 100 ''centimes''. Centimes are now obsolete due to their extremely low value. Etymology The name "dinar" is ultimately derived from the Roman denarius. The Arabic word ''santīm'' comes from the French "centime", since Algeria was under French occupation from 1830 to 1962. History The dinar was introduced on 1 April 1964, replacing the Algerian new franc at par. Exchange rates The official exchange rate set by the Central Bank of Algerian: Algerian Dinar to U.S. dollar is approximately د.ج138.26 per 1 US dollar. The real exchange rate of the Algerian Dinar to U.S. dollar is approximately د.ج212 per 1 US dollar on black market. Argotic counting system The masses rarely use the dinar as such, but the fr ...
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Burundian Franc
The franc (ISO 4217 code is BIF) is the currency of Burundi. It is nominally subdivided into 100 ''centimes'', although coins have never been issued in centimes since Burundi began issuing its own currency. Only during the period when Burundi used the Belgian Congo franc were centime coins issued. History The franc became the currency of Burundi in 1916, when Belgium occupied the former German colony and replaced the German East African rupie with the Belgian Congo franc. Burundi used the currency of Belgian Congo until 1960, when the Rwanda and Burundi franc was introduced. Burundi began issuing its own francs in 1964. There were plans to introduce a common currency, a new East African shilling, for the five member states of the East African Community by the end of 2015. As of September 2022, these plans have not yet materialized. Coins In 1965, the ''Bank of the Kingdom of Burundi'' issued brass 1 franc coins. In 1968, ''Bank of the Republic of Burundi'' took over the issuan ...
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CFP Franc
The CFP franc ( French: , called the ''franc'' in everyday use) is the currency used in the French overseas collectivities (, or COM) of French Polynesia, New Caledonia, and Wallis and Futuna. The initials ''CFP'' originally stood for ('French colonies of the Pacific'). This was later changed to ('Pacific Financial Community') and then to its present term, ('Pacific Franc Exchange'). Its ISO 4217 currency code is ''XPF''. The CFP franc is subdivided into 100 centimes. History 1945–1949 The CFP franc was created in December 1945, together with the CFA franc, used in Africa. The reason for the creation of these francs was the weakness of the French franc immediately after the Second World War. 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. New currencies were created in the French colonies to spare them the strong devaluation of December 1945. René Pleven, the F ...
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Ethiopian Birr
The birr ( am, ብር) is the unit of currency in Ethiopia. It is subdivided into 100 ''santim''. In 1931, Emperor Haile Selassie I formally requested that the international community use the name ''Ethiopia'' (as it had already been known internally for at least 1,600 years) instead of the exonym ''Abyssinia'', and the issuing ''Bank of Abyssinia'' also became the ''Bank of Ethiopia''. Thus, the pre-1931 currency could be considered the ''Abyssinian birr'' and the post-1931 currency the ''Ethiopian birr'', although it was the same country and the same currency before and after. 186 billion birr were in circulation in 2008 ($14.7 billion or €9.97 billion). History First birr, 1800–1936 In the 18th and 19th centuries, Maria Theresa thalers and blocks of salt called "amole tchew" (አሞሌ) served as currency in Ethiopia. The ''thaler'' was known locally as the ''Birr'' (literally meaning "silver" in Ge'ez and Amharic) or ''talari'' (ታላሪ). The Maria Theresa ''thal ...
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Solidus (coin)
The ''solidus'' (Latin 'solid';  ''solidi'') or nomisma ( grc-gre, νόμισμα, ''nómisma'',  'coin') was a highly pure gold coin issued in the Late Roman Empire and Byzantine Empire. Constantine I, Constantine introduced the coin, and its weight of about 4.5 grams remained relatively constant for seven centuries. In the Byzantine Empire, the solidus or nomisma remained a highly pure gold coin until the 11th century, when several Byzantine Empire, Byzantine list of Byzantine emperors, emperors began to strike the coin with less and less gold. The nomisma was finally abolished by Alexius I in 1092, who replaced it with the hyperpyron, which also came to be known as a "bezant". The Byzantine solidus also inspired the originally slightly less pure Dinar (coin), dinar issued by the Muslim Caliphate. In Western Europe, the solidus was the main gold coin of commerce from late Roman times to Pepin the Short's Carolingian Renaissance#Carolingian currency, currency reform, wh ...
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Euro
The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in c ...
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Currency
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" 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 "curren ...
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Decimal Currency
Decimalisation or decimalization (see spelling differences) is the conversion of a system of currency or of weights and measures to units related by powers of 10. Most countries have decimalised their currencies, converting them from non-decimal sub-units to a decimal system, with one basic currency unit and sub-units that are to a power of 10, most commonly 100, and exceptionally 1000; and sometimes at the same time changing the name of the currency or the conversion rate to the new currency. Today, only two countries have non-decimal currencies: Mauritania, where 1 ouguiya = 5 khoums, and Madagascar, where 1 ariary = 5 iraimbilanja. However, these are only theoretically non-decimal, as, in both cases, the value of the main unit is so low that the sub-units are too small to be of any practical use and coins of the sub-units are no longer used. Russia was the first country to convert to a decimal currency when it decimalised under Tsar Peter the Great in 1704, resulting in the ru ...
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Cent (currency)
The cent is a monetary unit of many national currencies that equals of the basic monetary unit. Etymologically, the word 'cent' derives from the Latin word meaning hundred. The cent sign is commonly a simple minuscule (lower case) letter . In North America, the c is crossed by a diagonal stroke or a vertical line (depending on typeface), yielding the character . The United States one cent coin is generally known by the nickname " penny", alluding to the British coin and unit of that name. Australia ended production of their 1¢ coin in 1992, as did Canada in 2012. Some Eurozone countries ended production of the 1 euro cent coin, most recently Italy in 2018. Symbol The cent may be represented by the cent sign, written in various ways according to the national convention and font choice. Most commonly seen forms are a minuscule letter ''c'' crossed by a diagonal stroke or a vertical line or by a simple ''c'', depending on the currency (''see below''). Cent amounts ...
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French Language
French ( or ) is a Romance language of the Indo-European family. It descended from the Vulgar Latin of the Roman Empire, as did all Romance languages. French evolved from Gallo-Romance, the Latin spoken in Gaul, and more specifically in Northern Gaul. Its closest relatives are the other langues d'oïl—languages historically spoken in northern France and in southern Belgium, which French ( Francien) largely supplanted. French was also influenced by native Celtic languages of Northern Roman Gaul like Gallia Belgica and by the ( Germanic) Frankish language of the post-Roman Frankish invaders. Today, owing to France's past overseas expansion, there are numerous French-based creole languages, most notably Haitian Creole. A French-speaking person or nation may be referred to as Francophone in both English and French. French is an official language in 29 countries across multiple continents, most of which are members of the ''Organisation internationale de la Francophonie'' ...
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Liberté, égalité, Fraternité
''Liberté, égalité, fraternité'' (), French for "liberty, equality, fraternity", is the national motto of France and the Republic of Haiti, and is an example of a tripartite motto. Although it finds its origins in the French Revolution, it was then only one motto among others and was not institutionalized until the Third Republic at the end of the 19th century. (abridged translation, ''Realms of Memory'', Columbia University Press, 1996–98). Debates concerning the compatibility and order of the three terms began at the same time as the Revolution. It is also the motto of the Grand Orient and the Grande Loge de France. Origins during the French Revolution Some claim that Camille Desmoulins in number 35 of ''Révolutions de France et de Brabant'', published on July 26, 1790. Speaking of the festival of July 14, 1790, he described "the citizen-soldiers rushing into each other's arms, promising each other ''liberty, equality, fraternity.''" (French: ''les soldats-citoyens ...
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10 French Centimes 1963 (1)
1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. In conventions of sign where zero is considered neither positive nor negative, 1 is the first and smallest positive integer. It is also sometimes considered the first of the infinite sequence of natural numbers, followed by  2, although by other definitions 1 is the second natural number, following  0. The fundamental mathematical property of 1 is to be a multiplicative identity, meaning that any number multiplied by 1 equals the same number. Most if not all properties of 1 can be deduced from this. In advanced mathematics, a multiplicative identity is often denoted 1, even if it is not a number. 1 is by convention not considered a prime number; this was not universally accepted until the mid-20th century. Additionally, 1 is the s ...
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