French monetary reform of 1795
E601707
The French monetary reform of 1795 was the post-Revolution overhaul of France’s currency system that replaced the livre with the franc and introduced a decimalized monetary structure.
Observed surface forms (1)
| Surface form | Occurrences |
|---|---|
| French Revolutionary economic policy | 1 |
Statements (40)
| Predicate | Object |
|---|---|
| instanceOf |
economic policy
ⓘ
historical event ⓘ monetary reform ⓘ |
| affectedInstrument |
banking and accounting practices
ⓘ
coinage ⓘ |
| aimedAt | restoring confidence in French money ⓘ |
| associatedGovernment | French First Republic NERFINISHED ⓘ |
| chronologicalRelation | followed radical phase of the French Revolution ⓘ |
| context |
collapse of assignats
ⓘ
post-Revolutionary financial instability ⓘ |
| country | France ⓘ |
| dateImplemented | 1795 ⓘ |
| economicDomain | monetary policy ⓘ |
| field | economic history of France ⓘ |
| geographicScope | metropolitan France NERFINISHED ⓘ |
| historicalPeriod | French Revolution NERFINISHED ⓘ |
| influencedBy | Enlightenment ideas on rational measurement ⓘ |
| introducedCurrency | French franc NERFINISHED ⓘ |
| introducedSubdivision |
1 franc = 10 décimes
ⓘ
1 franc = 100 centimes ⓘ |
| introducedUnitOfAccount | franc germinal NERFINISHED ⓘ |
| languageOfLegislation | French ⓘ |
| legalBasis | law of 18 germinal an III ⓘ |
| legalBasisCalendar | French Republican Calendar NERFINISHED ⓘ |
| legislativeBody | National Convention NERFINISHED ⓘ |
| longTermImpact |
establishment of the franc as France’s principal currency
ⓘ
model for later decimal currency reforms in other countries ⓘ |
| monetarySystem | decimal currency system ⓘ |
| predecessor | Ancien Régime monetary system NERFINISHED ⓘ |
| purpose |
introduction of decimalization in currency
ⓘ
simplification of monetary system ⓘ stabilization of French currency ⓘ |
| relatedReform | introduction of the metric system in France ⓘ |
| replacedCurrency | French livre NERFINISHED ⓘ |
| replacedNonDecimalStructure | livre–sol–denier system ⓘ |
| replacedUnitOfAccount | livre tournois ⓘ |
| result |
greater ease of calculation in commerce
ⓘ
replacement of pre-Revolutionary coinage ⓘ standardization of French currency ⓘ |
| timePeriod | Year III of the French Republic NERFINISHED ⓘ |
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.
subject surface form:
maximum on prices
this entity surface form:
French Revolutionary economic policy