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Franc


 

The franc is the name of several currency units, most notably for the former French francs. The name is said to derive from the Latin inscription francorum rex ("King of the Franks") on early French coins, or from the French franc, meaning "free".

Comorian franc

In 1981, The Comoros established an arrangement with the French government similar to that of the CFA franc. Originally, 50 Comorian francs were worth 1 French franc. In January 1994, the rate was changed to 75 Comorian francs to the French franc. Since 1999, the currency has been pegged to the euro.

Related Topics:
Comoros - Comorian franc

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