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Franc Jelovšek
The franc is any of various units of currency. One franc is typically divided into 100 centimes. The name is said to derive from the Latin inscription ''francorum rex'' (King of the Franks) used on early French coins and until the 18th century, or from the French ''franc'', meaning "frank" (and "free" in certain contexts, such as ''coup franc'', "free kick"). The countries that use francs today include Switzerland, Liechtenstein, and most of Francophone Africa. The Swiss franc is a major world currency today due to the prominence of Swiss financial institutions. Before the introduction of the euro in 1999, francs were also used in France, Belgium and Luxembourg, while Andorra and Monaco accepted the French franc as legal tender (Monégasque franc). The franc was also used in French colonies including Algeria and Cambodia. The franc is sometimes Italianised or Hispanicised as the ''franco'', for instance in Luccan franco. Origins The franc was originally a French gold coin of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currency
A currency 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 ''currency'' appear in the respective synonymous articles: banknote, coin, and money. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Livre Tournois
The (; ; abbreviation: ₶ or £) was one of numerous currencies used in France in the Middle Ages, medieval France, and a unit of account (i.e., a monetary unit used in accounting) used in early modern France. The 1262 monetary reform established the as 20 , or 80.88 grams of Fineness, fine silver. The was a gold coin of one minted in large numbers from 1360. In 1549, the was decreed a unit of account, and in 1667 it officially replaced the . In 1720, the was redefined as 0.31 grams of pure gold, and in 1726, in a devaluation under Louis XV, as 4.50516 grams of fine silver. It was the basis of the revolutionary French franc of 1795, defined as 4.5 grams of fine silver exactly. Circulating currency In France, the was worth 240 French denier, deniers (the "Tours penny"). These deniers were first minted by the Basilica of Saint Martin, Tours, abbey of Saint Martin, in the Provinces of France, province of Touraine. Soon after Philip II of France seized the counties of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luxembourgish
Luxembourgish ( ; also ''Luxemburgish'', ''Luxembourgian'', ''Letzebu(e)rgesch''; ) is a West Germanic language that is spoken mainly in Luxembourg. About 400,000 people speak Luxembourgish worldwide. The language is standardized and officially the national language of the Grand Duchy of Luxembourg. As such, Luxembourgish is different from the German language also used in the Grand Duchy. The German language exists in a national standard variety of Luxembourg, which is slightly different from the standard varieties in Germany, Austria or Switzerland. Another important language of Luxembourg is French, which had a certain influence on both the national language, Luxembourgish, and the Luxembourg national variety of German. Luxembourgish, German and French are the three official languages ''(Amtssprachen)'' of Luxembourg. As a standard form of the Moselle Franconian language, Luxembourgish has similarities with other High German dialects and the wider group of West Germanic lan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Latin Monetary Union
The Monetary Convention of 23 December 1865 was a unified system of coinage that provided a degree of monetary integration among several European countries, initially Belgium, France, Italy and Switzerland, at a time when the circulation of banknotes in these countries remained relatively marginal. In early 1866, it started being referred to in the British press as the Latin Monetary Union, with intent to make clear that the United Kingdom would not join, and has been generally referred to under that name () and the acronym LMU since then. A number of countries minted coins according to the LMU standard even though they did not formally join the LMU. The LMU has been viewed as a forerunner of late-20th-century European monetary union but cannot be directly compared with it, not least since the LMU did not rely on any common institutions. Unlike the Scandinavian Monetary Union established a few years later, the Latin Monetary Union remained limited to coinage and never extended ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Italian Lira
The lira ( , ; : lire, , ) was the currency of Italy between 1861 and 2002. It was introduced by the Kingdom of Italy (Napoleonic), Napoleonic Kingdom of Italy in 1807 at par with the French franc, and was subsequently adopted by the different states that would eventually form the Kingdom of Italy in 1861. It was subdivided into 100 ''centesimi'' (: ''centesimo''), which means "hundredths" or "cents". The lira was also the currency of the Albanian Kingdom (1939-1943), Albanian Kingdom from 1941 to 1943. The term originates from ''libra'', the largest unit of the Carolingian monetary system used in Western Europe and elsewhere from the 8th to the 20th century. The Carolingian system is the origin of the French ''livre tournois'' (predecessor of the franc), the Italian lira, and the Pound (currency), pound unit of Pound sterling, sterling and related currencies. In 1999, the euro became Italy's unit of account and the lira became a national subunit of the euro at a rate of €1 = ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Comorian Franc
The franc (; ; sign: FC; ISO 4217 code: KMF) is the official currency of Comoros. It is nominally subdivided into 100 ''centimes'', although no centime denominations have ever been issued. History The French franc became the currency of Comoros after the islands became a French protectorate in 1886. In 1891, Sultan Said Ali bin Said Omar of Grande Comore (Ngazidja) issued coins denominated in centimes and francs which circulated alongside French currency. In 1912, the Comoros became a province of Madagascar, which was also a French colonial empires, French possession. French banknotes and coins circulated in the colony. Apart from an emergency issue of small change notes in 1920, the French currency circulated alone until 1925. On 1 July 1925, the French government formed an agreement with the ''Banque de Paris et des Pays-Bas'' to create the Banque de Madagascar, headquartered in Paris, and granted it a Government-granted monopoly, private monopoly to monetary authority, issue c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
