Timeline

From the franc to the euro: a French money timeline

The franc from 1360 to 2002, the 'new franc' of 1960 and the switch to the euro: a short history of French money and the words people still use.

In short

The franc first appeared in 1360. In 1960 France introduced the nouveau franc (100 old francs = 1 new franc). The euro arrived in bank accounts in 1999 and in wallets on 1 January 2002; ==1 euro = 6.55957 francs==.

Yellow the idea to rememberBlue French to learn

Old coins and two-tone coins lie beside a leather purse and folded banknotes.
Le franc gave way to l’euro in French wallets. Illustration: Atelier

French money through time

  1. 1360
    Première pièce appelée « franc », sous Jean le Bon.First coin called a "franc", under John the Good.
  2. 1795
    Le franc devient la monnaie officielle, divisé en 100 centimes.The franc becomes the official currency, split into 100 centimes.
  3. 1960
    Le nouveau franc : 100 anciens francs = 1 nouveau franc.The new franc: 100 old francs = 1 new franc.
  4. 1992
    Traité de Maastricht : la monnaie unique est décidée.Maastricht Treaty: the single currency is agreed.
  5. 1er janvier 1999
    L'euro existe dans les comptes bancaires.The euro exists in bank accounts.
  6. 1er janvier 2002
    Pièces et billets en euros dans les portefeuilles.Euro coins and notes in people's wallets.
  7. 17 février 2002
    Le franc n'est plus accepté dans les magasins.Francs are no longer accepted in shops.
  8. 2012
    Fin de l'échange des derniers billets en francs.End of exchange for the last franc notes.

Key words

Vocabulary
FrenchEnglish
la monnaiecurrency
le francthe franc
les centimescents (and old centimes)
le billetbanknote
la piècecoin
convertirto convert

Older French people sometimes still count in francs, and even in anciens francs (old francs before 1960): une maison à cent millions can mean old francs! The word centime survived the euro: prices are said deux euros cinquante centimes, or more often just deux cinquante.

Un euro valait six francs cinquante-cinq.

One euro was worth six francs fifty-five.

Ma grand-mère compte encore en francs !

My grandmother still counts in francs!

  • L'euro est arrivé en 1999 dans les poches.L'euro est arrivé en 2002 dans les poches.

    1999 was only for bank accounts.

  • deux euros et cinquantedeux euros cinquante

    No et in prices.

Question 1No account needed
When did euro notes and coins appear?

Choose one answer.

Answer and explanation

1 January 2002. Cash arrived in 2002. Check it in the text above.

Question 2No account needed
How many old francs made one new franc in 1960?

Choose one answer.

Answer and explanation

100. 100 old francs = 1 new franc.