Quiz: 1 Multi-Coloured Swap Shop; 2 Tony Blair; 3 The Belgian Franc
; 4 Reykjavik; 5 Paris; 6 The eye; 7 A bird; 8 Africa; 9 Martin Amis; 10 The Tudors.
After the War, surplus of earnings by the Congo in currencies other than the Belgian franc
all accrued to the National Bank of Belgium.
28 February: the Belgian franc
ceases to be legal tender.
"All these currencies, the Italian lira, Belgian franc
, Spanish peseta and US dollar are a real exchange rate headache.
The Belgian franc
sprung from its French equivalent and began to circulate when Belgium was annexed to France under Napoleon at the end of the 18th century.
THE arrival of the Belgian franc
was a source of great pride.
Table 5 indicates that the nominal Belgian franc
appreciates when the real Belgian franc
is below (but not above) its long-run value.
 The currencies include the Austrian schilling, the Belgian franc
, the Danish kroner, the Finnish markkaa, the French franc, the German mark, the Greek drachma, the Irish punt, the Italian lira, the Dutch guilder, the Portuguese escudos, the Spanish peseta, the Swedish kronor, and the British pound.
84.03 82.23 French franc (Per Unit) 20.41 19.95 Dutch guilder (Per Unit) 60.76 59.40 Belgian franc
(Per 100 Units) 331.90 324.50 Danish krone (Per Unit) 18.12 17.52 Norwegian krone
Let's assume the final exchange rates to the dollar fixed into the euro are 5 for the French franc, 1.9 for the deutsche mark and 40 for the Belgian franc
. What would happen to the firm's income?
Nonetheless, as a result of the 1996-97 depreciation of the Belgian franc
in effective terms, the continuing good cost-price performance of domestic firms relative to foreign competitors, and the projected sustained expansion in neighbouring countries, net exports should continue to support growth.
The 12 national currencies being replaced by the euro from January 1 are the French franc, German mark, Spanish peseta, Dutch guilder, Italian lira, Greek drachma, Irish punt, Austrian schilling, Portuguese escudo, Belgian franc
, Luxembourg franc, and Finnish markka.