The franc (unofficially MCF) was the official currency of the

Principality of Monaco Monaco (; ), officially the Principality of Monaco (french: Principauté de Monaco; Ligurian: ; oc, Principat de Mónegue), is a sovereign city-state and microstate on the French Riviera a few kilometres west of the Italian region of Liguria ...

until 1995 (''de facto'', 1996 ''de jure''), when it changed to 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 ...

. The franc was subdivided into 100 ''centimes'' or 10 ''décimes''. The Monégasque franc circulated alongside the

with the same value. Like the French franc, the Monégasque franc was revalued in 1960 at a rate of 100 old francs = 1 new franc. The official euro-to-franc exchange rate was MCF 6.55957 to EUR 1. Today, Monégasque coins have only numismatic value, including the ''fleurs de coins'', or proof-like coins. The period for exchange of the coins for euros has expired. The Monégasque franc was

legal tender Legal tender is a form of money that courts of law are required to recognize as satisfactory payment for any monetary debt. Each jurisdiction determines what is legal tender, but essentially it is anything which when offered ("tendered") in ...

in Monaco,

France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of overseas regions and territories in the Americas and the Atlantic, Pacific and Indian Oceans. Its metropolitan area ...

and

Andorra , image_flag = Flag of Andorra.svg , image_coat = Coat of arms of Andorra.svg , symbol_type = Coat of arms , national_motto = la, Virtus Unita Fortior, label=none (Latin)"United virtue is stro ...

Coins

Monaco's first decimal coins were issued in 1837 and 1838, in denominations of 5 centimes, 1 decime and 5 francs. The 5 centimes and 1 decime were minted in both

copper Copper is a chemical element with the symbol Cu (from la, cuprum) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pinkis ...

and

brass Brass is an alloy of copper (Cu) and zinc (Zn), in proportions which can be varied to achieve different mechanical, electrical, and chemical properties. It is a substitutional alloy: atoms of the two constituents may replace each other wit ...

and were the same size as the earlier French coins (France was not minting these denominations at the time) whilst the 5 francs matched the French coin. No further issues were made until 1882, from when gold 100 franc coins were issued until 1904. Between 1924 and 1926,

aluminium Aluminium (aluminum in American and Canadian English) is a chemical element with the symbol Al and atomic number 13. Aluminium has a density lower than those of other common metals, at approximately one third that of steel. I ...

- bronze 50 centimes, 1 and 2 francs were issued of the same size as the French coins. In 1943, aluminium 1 and 2 francs were introduced followed by aluminium-bronze versions in 1945, alongside aluminium 5 francs. In 1946,

cupronickel Cupronickel or copper-nickel (CuNi) is an alloy of copper that contains nickel and strengthening elements, such as iron and manganese. The copper content typically varies from 60 to 90 percent. (Monel is a nickel-copper alloy that contains a minimu ...

10 francs were introduced, followed by 20 francs in 1947, a coin to which there was no corresponding French coin. In 1950, aluminium-bronze 10, 20 and 50 francs and cupro-

nickel Nickel is a chemical element with symbol Ni and atomic number 28. It is a silvery-white lustrous metal with a slight golden tinge. Nickel is a hard and ductile transition metal. Pure nickel is chemically reactive but large pieces are slow ...

100 francs were issued, with the size of the 100 francs reduced to match the French coin in 1956. When the franc was revalued in 1960, Monaco issued nickel 1 franc and silver 5 franc coins. In 1962, aluminium-bronze 10, 20, and 50 centime coins were added, followed by nickel franc coins in 1965, nickel-clad cupronickel 5 francs in 1971, nickel-brass 10 francs in 1974, stainless steel 1 centime and aluminium-bronze 5 centimes in 1976, bi-metallic 10 francs in 1989, and tri-metallic 20 francs 1992, respectively. All of these coins matched the sizes and compositions of corresponding French coins.

Banknotes

The only Monégasque banknotes are dated 20 MARS 1920. There was an initial emergency issuance of 25 and 50 centime and 1 franc notes on 28 April 1920, followed by a second issued of 25 centime and 1 franc notes with different color schemes. The violet 25 centime notes are available with and without embossing, which was used to validate the notes, but the process was soon discontinued as a cost-cutting measure. The embossed notes have a crowned shield with diamond pattern at center, encircled by the text Principauté de Monaco, and are available with circles of two different diameters.

References

External links

Non Fungible Tokens
{{DEFAULTSORT:Monegasque franc 1995 disestablishments in Europe Currencies of Europe Currencies of Monaco History of Monaco Modern obsolete currencies Currencies replaced by the euro France–Monaco relations 1837 establishments in Europe

Coins

Banknotes

See also

References

External links