The legal tender of France is the euro. 1 99965438+1October1France, etc. 1 1 European countries * * * participated in the use of the euro, and officially began to use euro coins and banknotes in early 2002, completely replacing the previous French franc. As of April 9, 20 14, 1 euro =8.60 RMB, 1 euro = 1.38 USD.

France's foreign exchange reserves are mainly composed of gold, foreign exchange deposits and foreign securities, as well as the Special Drawing Rights of the International Monetary Fund. Since May 2000, French foreign exchange reserves have been settled according to the standards implemented in european system of central banks, converted according to the exchange rate at the end of the month, and denominated in euros.

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"Franc" first appeared in 1360, when French King John II minted a coin named Franc. After the French Revolution, the metric system was implemented. 1795, the franc began to circulate in France as a standard currency, replacing the original river.

1 franc is equal to 100 centimetre, which contains 5g of silver with 90% purity. In addition, Napoleon gold coins containing 6.45 grams of gold and worth 20 francs were cast.

After the issue of 65438+ 10/euro in June 2002, the franc has gradually stopped circulating. In 2002, the National Bank of France and the Bank of France stopped the exchange of some old franc notes. After 2005, old banknotes of Gao Naiyi series (including 5 francs, 100 francs) or 10 francs.

References:

Baidu Encyclopedia-France