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Réunion franc

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Réunion franc

The franc was the currency of Réunion until 1999. Before 1975, Réunion had its own franc, distinct from that of France. After 1975, the French franc circulated. Réunion now uses the euro. The Réunion franc was subdivided into 100 centimes.

Contents

History

The French franc circulated on Réunion alone (except for a single coin issue) until 1874, when distinct issues of currency commenced. Initially, notes of the Banque de la Réunion and the Colonial Treasury circulated alongside French currency. In 1896, coins were issued, followed by bank tokens in 1920. In 1945, the CFA franc was created and was adopted in Réunion, with distinct coins introduced in 1948. Although Réunion's paper money was stamped with the equivalent value in new francs from 1960, the new franc did not replace the Réunion franc until 1975, when French currency replaced Réunion's at a rate of 1 French (new) franc = 50 Réunion (CFA) francs.

Coins

  • 1779/80 - 3 sols "Isles de France et de Bourbon"
  • 1781 - 3 sous "Isles de France et de Bourbon"
  • 1816, billon 10 centimes were struck in the name of the Isle de Bourbon (as Réunion was then known). In 1896, cupro-nickel 50 centimes and 1 franc coins were issued.
  • 1920, aluminium 5, 10 and 25 centime bank tokens were issued, which circulated until 1941.
  • 1948, aluminium 1 and 2 francs coins were introduced
  • 1955 aluminium 5 francs and aluminium-bronze 10 and 20 francs.
  • 1962 and 1964 Nickel 50 and 100 francs.
  • All denominations were issued until 1975.

    References

    Réunion franc Wikipedia


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