French franc


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Related to French franc: Swiss franc
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Noun1.French franc - formerly the basic unit of money in FranceFrench franc - formerly the basic unit of money in France
franc - the basic monetary unit in many countries; equal to 100 centimes
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The new French franc of December 1958 had a fixed parity of one French franc (FF) for 50 FCFA.
When Francophone Africa gained political independence in the 1960s, the currency was retained with the enticement (thrown in by the French government) to peg it to the French franc which guaranteed total and free convertibility.
He wondered why Somary had made a distinction between the mainland and the African French franc.
One French franc will buy enough maize to keep an Afghan family going for one day while 27 deutschmarks will inoculate a child against six killer diseases.
This means that unless British holidaymakers reconvert their hoarded Spanish pesetas, Italian lira and French francs back into sterling they will become worthless pieces of coloured paper.
An Austrian schilling was simply another name for a Belgian or French franc, which was another name for the German mark.
Doubts about France and Italy, in particular, prompted a general flight to German marks from French francs, Italian lira, and other currencies from European countries where high unemployment and concerns about fiscal consolidation persisted.
The same cannot be said for the group of countries still clustering round the DM--which includes the French franc.
Rates of exchange determine how many French francs or Italian lire you can buy for one U.
In the near-term, the French Franc could encounter downward pressure against the Mark as concern rises over France's ability to meet the Maastricht Treaty's deficit criteria.
Generally, the mark-to-market rule applies to hedging instruments dealing with the following currencies: Japanese yen, British pound, Australian dollar, French franc, Swiss franc, German mark, Canadian dollar and European Currency Unit.
The French franc came under selling pressure but stabilized amid intervention purchases of francs and a rise in French interest rates.