France Currency





The EURO (EUR)

The euro is the official currency of France and 19 of the 27 member states of the European Union.

In the past: The franc, also commonly distinguished as the French franc (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 was reintroduced (in decimal form) in 1795. After two centuries of inflation, it was redenominated in 1960, with each new franc (NF) being worth 100 old francs.
The NF designation was continued for a few years before the currency returned to being simply the franc; some mostly older French residents continued to reference and value items in terms of the old franc (equivalent to the new centime) until the introduction of the euro (for coins and banknotes) in 2002.
The French franc was a commonly held international reserve currency of reference in the 19th and 20th centuries.



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