GK
CURRENCIES OF THE WORLD
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Franc
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Euro
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Guilder
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Peso
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Detailed explanation-1: -The euro banknotes and coins were introduced in France on 1 January 2002, after a transitional period of three years when the euro was the official currency but only existed as ‘book money’. The dual circulation period – when both the French franc and the euro had legal tender status – ended on 17 February 2002.
Detailed explanation-2: -While the Euro is the official currency in France, it can also be used in 18 other countries within the European Union. Euros issued by the European Central Bank and replaced the french franc in 2002. In France, it’s more common to see the symbol written after the numeral, as in 10€.
Detailed explanation-3: -€1 = FRF 6.55957 (French francs)
Detailed explanation-4: -The euro is the monetary unit and currency of the European Union, represented by the symbol €. It began as a noncash monetary unit in 1999 before being issued as currency notes and coins in 2002.