French franc (Latin Monetary Union)

E12922

The French franc of the Latin Monetary Union was a 19th–20th century gold and silver-based currency standard that served as the reference unit for several European currencies, including the Italian lira.


Statements (38)
Predicate Object
instanceOf currency unit
gold standard
monetary standard
silver standard
basisOf Latin Monetary Union currency system
category European currency history
historical currency
country France
denominationName franc
historicalStatus obsolete currency standard
influenced monetary policy in member states of the Latin Monetary Union
introducedFor harmonization of European coinage
legalTenderIn France (Latin Monetary Union period)
metalStandard gold
silver
monetaryRole anchor currency of the Latin Monetary Union
monetarySystemType bimetallic standard
monetaryUnion Latin Monetary Union
referenceForExchangeRates Belgian franc (Latin Monetary Union)
Greek drachma (Latin Monetary Union)
Italian lira (Latin Monetary Union)
Swiss franc (Latin Monetary Union)
region Europe
servedAs reference unit for several European currencies
standardizedBy Latin Monetary Union treaty
subunit centime
successorCurrency French franc (post–Latin Monetary Union national currency)
euro (indirectly, via later French franc)
timePeriod 19th century
20th century
usedAsReferenceBy Belgian franc
Greek drachma (LMU)
Italian lira
Swiss franc
usedFor international trade settlements among Latin Monetary Union members
usedIn France
valuationBasis fixed weight of gold
fixed weight of silver

Referenced by (28)
Subject (surface form when different) Predicate
First French Empire ("French franc")
Free France ("French franc")
French Algeria ("French franc")
French Empire ("French franc")
French First Republic ("French franc")
French Fourth Republic ("French franc")
French Second Republic ("French franc")
Provisional Government of the French Republic ("French franc")
currency
French West African franc ("French franc")
Italian lira
piastre of French Indochina ("French franc")
peggedTo
West African CFA franc ("French franc")
XAF ("French franc")
previouslyPeggedTo
Euro ("French franc")
euro ("French franc")
replacedCurrency
Tunisian franc ("French franc")
basedOn
French franc (Latin Monetary Union) ("franc")
denominationName
Greek drachma (Latin Monetary Union) ("French franc")
fixedExchangeWith
Latin Monetary Union ("French franc")
inspiredBy
Napoleonic Italian lira ("French franc")
modeledOn
Napoleonic Italian lira ("French franc")
parityWith
Belgian franc (Latin Monetary Union)
peg
Greek drachma (Latin Monetary Union) ("French franc")
pegTarget
Napoleonic Italian lira ("French franc")
relatedCurrency
Belgian franc (Latin Monetary Union)
relatedTo
French franc (Latin Monetary Union) ("French franc (post–Latin Monetary Union national currency)")
successorCurrency
French franc (Latin Monetary Union) ("Belgian franc")
usedAsReferenceBy
French Equatorial Africa ("French franc")
usedCurrency

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