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    How many French francs is a euro worth?

    Question #83282. Asked by crimsonhawk909. (Jul 12 07 9:21 PM)


    GoodVibe

    		French francs are pretty much useless now.

    Jul 12 07, 9:28 PM
    Vy_lette

    		http://en.wikipedia.org/wiki/CFP_franc

    Since January 1, 1999, the CFP has had a fixed exchange rate to the euro of 1000 CFP francs = 8.38 euros. This change involved a very slight devaluation to round the value of 1000 CFP francs down to a whole number of euro cent.

    1000 CFP francs = 55 French francs = € 55 / 6.55957 ~ € 8.38384696


    Jul 12 07, 9:43 PM
    author

    		The CFP Franc is used by some French possessions in the Pacific.
    The ordinary French Franc does not exist any more.

    Jul 12 07, 11:04 PM
    author

    		Fourteen African countries use the franc CFA (in west Africa, Communauté financière africaine; in equatorial Africa, Coopération financière en Afrique centrale), originally (1945) worth 1.7 French francs and then from 1948, 2 francs (from 1960: 0.02 new franc) but after January 1994 worth only 0.01 French franc. Therefore, from January 1999, 1 CFA franc is equivalent to 0.00152449 euro.
    A separate (franc CFP) circulates in France's Pacific territories, worth 0.0084 euro (formerly 0.055 French franc).

    Jul 12 07, 11:11 PM

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