The monetary of France

Every country has its means of trading; even the currencies have different value in the economic world. The monetary of France is based on decimals, with the primary units of currency which is Euro:

• One coin=0.01 of a Euro


• Two coins=0.02of a Euro


• Fifty coins=0.5 of a Euro (About.com)

According to the Encyclopedia of the Nations, “The French franc is one of the reserve currencies of the world. However, its influence is nowhere close to that of the United States dollar” (nationsencyclopedia.com).

In 1999, France as well as other certain European countries agrees to have a common currency in Europe just like the US dollar in Unite State. (nationsencyclopedia.com)
Exchange rates: France
Euros per US$1

As we can see from the chart, the exchange rate of France changed a lot after 1999-the time when European countries agree to use same currency. The exchange rate is fluctuating up and down of 1:1.

Source: http://coins.about.com/od/worldcoins/ig/World-Coins-Gallery-Index/French-Money---Coins.htm
Source: http://www.nationsencyclopedia.com/economies/Europe/France-MONEY.html
Source: http://www.qikan.com.cn/Article/scxd/scxd200727/scxd200727243.html
Source: http://www.qikan.com.cn/Article/scxd/scxd200727/scxd200727243.html
Source: http://www.indexmundi.com/france/economy_profile.html