|
|
What was the name of the paper money issued by the French Revolutionaries?
Question
#111694. Asked by flem-ish. (Dec 24 09 10:36 AM)
|
author
|
It was actually the decimal franc that was established by the French Revolutionaries, not the franc itself. The franc was also a currency in France from the 1300s to the 1600s.
Quote from the previous source:
The decimal "franc" was established as the national currency by the French Revolutionary Convention in 1795 as a decimal unit (1 franc = 10 decimes = 100 centimes) of 4.5 g of fine silver.
|
author
|
Quote from the same source:
The first franc paper money issues were made in 1795. They were assignats in denominations between 100 and 10,000 francs. These followed in 1796 by "territorial mandate promises" for 25 up to 500 francs. The treasury also issued notes that year for 25 up to 1000 francs.
In 1800, the Bank of France began issuing notes, first in denominations of 500 and 1000 francs.
|
Find something useful here? Please help us spread the word about FunTrivia. Recommend this page below!
|