Monégasque franc

Monégasque franc
franc monégasque (French)
1978 1 Monégasque franc (reverse)
ISO 4217
CodeNone
(MCF unofficial)
Unit
Symbolfr. or F
Denominations
Subunit
1100centime
Coins1, 5, 10, 20, 50 centimes, 12, 1, 2, 5, 10, 20 francs
Demographics
User(s)None, previously:
 Monaco,
 France,
 Andorra
Issuance
MintMonnaie de Paris
Websitewww.monnaiedeparis.com
Valuation
Pegged withFrench franc at par
This infobox shows the latest status before this currency was rendered obsolete.

    The franc (unofficially MCF) was the official currency of the Principality of Monaco until 1995 (de facto, 1996 de jure), when it changed to the French franc which was replaced by the euro in 2002. The franc was subdivided into 100 centimes or 10 décimes. The Monégasque franc circulated alongside the French franc with the same value. Like the French franc, the Monégasque franc was revalued in 1960 at a rate of 100 old francs = 1 new franc. The official euro-to-franc exchange rate was MCF 6.55957 to EUR 1.

    Today, Monégasque coins have only numismatic value, including the fleurs de coins, or proof-like coins. The period for exchange of the coins for euros has expired.

    The Monégasque franc was legal tender in Monaco, France and Andorra.