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What is Francs mean?
The franc is any of several units of currency. The French franc was the currency of France until the euro was adopted in 1999 (by law, 2002 de facto). The Swiss franc is a major world currency today due to the prominence of Swiss financial institutions. The name is said to derive from the Latin inscription francorum rex (Style of the French sovereign: 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 include Switzerland, Liechtenstein, and most of Francophone Africa. Before the introduction of the euro, francs were also used in France, Belgium and Luxembourg, while Andorra and Monaco accepted the French franc as legal tender (Monegasque franc). The franc was also used within the French Empire's colonies, including Algeria and Cambodia. The franc is sometimes Italianised or Hispanicised as the franco, for instance in Luccan franco.
One franc is typically divided into 100 centimes. The French franc symbol was F or Fr.; the symbol ₣ was suggested in France by Prime Minister Édouard Balladur, but it was never officially adopted, although it was subsequently used unofficially by traders. For practical reasons, the banks and the financial markets used the abbreviation FF for the French franc in order to distinguish it from the Belgian franc (FB), the Luxembourgish franc (FL or FLux), et cetera. In the Luxembourgish language, the word for franc is Frang, plural form Frangen.
referencePosted on 20 Dec 2024, this text provides information on Miscellaneous in Country Currency related to Country Currency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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