Réunion franc
   HOME

TheInfoList



OR:

The franc was the currency of
Réunion Réunion (; french: La Réunion, ; previously ''Île Bourbon''; rcf, label= Reunionese Creole, La Rényon) is an island in the Indian Ocean that is an overseas department and region of France. It is located approximately east of the island ...
until 1999. Before 1975, Réunion had its own franc, distinct from that of France. After 1975, the
French franc The franc (, ; sign: F or Fr), also commonly distinguished as the (FF), was a currency of France. Between 1360 and 1641, it was the name of coins worth 1 livre tournois and it remained in common parlance as a term for this amount of money. It w ...
circulated. Réunion now uses the
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 Réunion franc was subdivided into 100 ''
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 ''centim ...
s''.


History

The French franc circulated on Réunion alone (except for a single coin issue) until 1874, when distinct issues of currency commenced. Initially, notes of the Banque de la Réunion and the Colonial Treasury circulated alongside French currency. In 1896, coins were issued, followed by bank tokens in 1920. In 1945, the
CFA franc The CFA franc (french: franc CFA, , Franc of the Financial Community of Africa, originally Franc of the French Colonies in Africa, or colloquially ; abbreviation: F.CFA) is the name of two currencies, the West African CFA franc, used in eight Wes ...
was created and was adopted in Réunion, with distinct coins introduced in 1948. Although Réunion's paper money was stamped with the equivalent value in new francs from 1960, the new franc did not replace the Réunion franc until 1975, when French currency replaced Réunion's at a rate of 1 French (new) franc = 50 Réunion (CFA) francs.


Coins

* 1779/80 - 3 sols "Isles de France et de Bourbon"Monnaies de la Réunion (REU
History of Réunion and Mauritius coins
/ref> * 1781 - 3 sous "Isles de France et de Bourbon" * 1816, billon 10 centimes were struck in the name of the Isle de Bourbon (as Réunion was then known). In 1896, cupro-nickel 50 centimes and 1 franc coins were issued. * 1920, aluminium 5, 10 and 25 centime bank tokens were issued, which circulated until 1941. * 1948, aluminium 1 and 2 francs coins were introduced * 1955 aluminium 5 francs and aluminium-bronze 10 and 20 francs. * 1962 and 1964 Nickel 50 and 100 francs. All denominations were issued until 1975.


Banknotes

The ''Banque de la Réunion'' introduced notes for 5, 10, 25, 100 and 500 francs between 1873 and 1876. Between 1884 and 1886, the Colonial Treasury (''Trésor Colonial'') issued notes for 50 centimes, 1, 2 and 3 francs. In 1917, the Banque de la Réunion issued emergency small change notes for 5 and 10 centimes. The Bank introduced 1000 francs notes in 1937 and 5000 francs in 1940. During the
Second World War World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposin ...
, the Bank issued 50 centimes, 1 and 2 francs notes, first under the auspices of
Vichy France Vichy France (french: Régime de Vichy; 10 July 1940 – 9 August 1944), officially the French State ('), was the fascist French state headed by Marshal Philippe Pétain during World War II. Officially independent, but with half of its ter ...
, then of the
Free French Free France (french: France Libre) was a political entity that claimed to be the legitimate government of France following the dissolution of the Third Republic. Led by French general , Free France was established as a government-in-exile ...
. The Banque de la Réunion ceased note issuing in 1944. In 1943, the ''Caisse Centrale de la France Libre'' (Central Cashier of Free France) issued 5, 100 and 1000 francs notes of the same type as issued in
French Equatorial Africa French Equatorial Africa (french: link=no, Afrique-Équatoriale française), or the AEF, was the federation of French colonial possessions in Equatorial Africa, extending northwards from the Congo River into the Sahel, and comprising what are ...
for use in Réunion. In 1944, the ''Caisse Centrale de la France d'Outre Mer'' (Central Cashier of Overseas France) issued 100 and 1000 francs notes in the same way. In 1947, the Caisse Centrale de la France d'Outre-Mer issued French Equatorial African notes for 5, 10, 20, 50, 100, 500, 1000 and 5000 francs overprinted with "La Réunion". In 1962, the ''Institut d'Émission des Départements d'Outre-Mer'' took over paper money issue, with notes for 100, 500, 1000 and 500 francs, overprinted with either "La Réunion" or "Département de la Réunion". In 1960, 500 1000 and 5000 francs notes were issued overprinted with the denomination in new francs (10, 20 and 100 nouveaux francs).


See also

*
CFA franc The CFA franc (french: franc CFA, , Franc of the Financial Community of Africa, originally Franc of the French Colonies in Africa, or colloquially ; abbreviation: F.CFA) is the name of two currencies, the West African CFA franc, used in eight Wes ...


References

* *


External links

* www.mi-aime-a-ou.com/cfa_ile_reunion.htm - Pictures of Réunion CFA Bills - (not linkable)
Pictures of Réunion CFA Coins
{{DEFAULTSORT:Reunion Franc Modern obsolete currencies Currencies of Africa 2002 disestablishments in Africa 1920 establishments in Africa