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Monégasque franc

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Currency of Monaco before 1995
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Monégasque franc
franc monégasque (French)
1978 1 Monégasque franc (reverse)
ISO 4217
CodeNone
(MCF unofficial)
Unit
Symbolfr. or F
Denominations
Subunit
1100centime
Coins1, 5, 10, 20, 50 centimes,12, 1, 2, 5, 10, 20 francs
Demographics
User(s)None, previously:
 Monaco,
 France,
 Andorra
Issuance
MintMonnaie de Paris
 Websitewww.monnaiedeparis.com
Valuation
Pegged withFrench franc at par
This infobox shows the latest status before this currency was rendered obsolete.

Thefranc (unofficiallyMCF) was the official currency of thePrincipality of Monaco until 1995 (de facto, 1996de jure), when it changed to theFrench franc which was replaced by theeuro in 2002.[1] The franc was subdivided into 100centimes or 10décimes. The Monégasque franc circulated alongside theFrench franc with the same value. Like the French franc, the Monégasque franc was revalued in 1960 at a rate of 100 old francs = 1 new franc.[2] The official euro-to-francexchange rate was MCF 6.55957 to EUR 1.[3]

Today, Monégasque coins have onlynumismatic value, including thefleurs de coins, or proof-like coins. The period for exchange of the coins for euros has expired.

The Monégasque franc waslegal tender in Monaco,France andAndorra.

Coins

[edit]

Monaco's first decimal coins were issued in 1837 and 1838, in denominations of 5 centimes, 1 decime and 5 francs. The 5 centimes and 1 decime were minted in bothcopper andbrass and were the same size as the earlier French coins (France was not minting these denominations at the time) whilst the 5 francs matched the French coin. No further issues were made until 1879,[4] from when gold franc coins were issued until 1904.[5]

5 centimes 1837,Honoré V

Between 1924 and 1926,aluminium-bronze 50 centimes, 1 and 2 francs were issued of the same size as the French coins. In 1943, aluminium 1 and 2 francs were introduced followed by aluminium-bronze versions in 1945, alongside aluminium 5 francs. In 1946,cupronickel 10 francs were introduced, followed by 20 francs in 1947, a coin to which there was no corresponding French coin. In 1950, aluminium-bronze 10, 20 and 50 francs and cupro-nickel 100 francs were issued, with the size of the 100 francs reduced to match the French coin in 1956.

When the franc was revalued in 1960, Monaco issued nickel 1 franc and silver 5 franc coins. In 1962, aluminium-bronze 10, 20, and 50 centime coins were added, followed by nickel12 franc coins in 1965, nickel-clad cupronickel 5 francs in 1971, nickel-brass 10 francs in 1974,stainless steel 1 centime and aluminium-bronze 5 centimes in 1976,bi-metallic 10 francs in 1989, and tri-metallic 20 francs 1992, respectively. All of these coins matched the sizes and compositions of corresponding French coins.

Coins of the Monégasque franc ("Old franc (Ancien franc) issue")
ImageValueTechnical parametersDescriptionDate of first minting
DiameterThicknessMassCompositionEdgeObverseReverse
50 centimes18 mm2 gAluminum-bronzeReededCrowned monogram ofLouis II,Hercules with bowSword, coat of arms of the House of Grimaldi1924
1 franc23 mm4 gAluminum-bronzeReededCrowned monogram ofLouis II, Hercules with bowSword, coat of arms of the House of Grimaldi1924
1 franc22.9 mm1.5 mm1.3 gAluminumSmoothLouis IICoat of arms of Monaco1943
1 franc23 mm1.55 mm4 gAluminum-bronzeSmoothLouis IICoat of arms of Monaco1945
2 francs27 mm2 mm2.25 gAluminumSmoothLouis IICoat of arms of Monaco1943
2 francs27 mm2 mm8 gAluminum-bronzeSmoothLouis IICoat of arms of Monaco1945
5 francs31 mm2.4 mm3.7 gAluminumSmoothLouis IICoat of arms of Monaco1945
10 francs26.1 mm1.8 mm7 gCopper-nickelReededLouis IICoat of arms of Monaco between olive sprigs1946
10 francs20 mm1.5 mm3 gAluminum-bronzeSmoothRainier IIICrowned shield, text "10 FRS", "DEO JUVANTE"1950
20 francs30 mm2.05 mm10 gCopper-nickelReededLouis IICoat of arms of Monaco between olive sprigs1947
20 francs23.5 mm1.6 mm4.1 gAluminum-bronzeSmoothRainier IIICrowned shield, text "20 FRS", "DEO JUVANTE"1950
50 francs27 mm2 mm8 gAluminum-bronzeSmoothRainier IIIArmoured equestrian, text "DEO JUVANTE", "50 FRANCS"1950
100 francs30 mm2.40 mm12 gCopper-nickelReededRainier IIIArmoured equestrian, text "DEO JUVANTE", "100 FRANCS"1950
100 francs24 mm6 gCopper-nickelReededRainier IIICrowned shield, text "DEO JUVANTE", "100 FRANCS"1956
Coins of the Monégasque franc ("New franc (Nouveau franc) issue")
ImageValueTechnical parametersDescriptionDate of first minting
DiameterThicknessMassCompositionEdgeObverseReverse
1 centime15 mm1.5 mm1.65 gStainless steelSmoothCoat of arms of Monaco; text "PRINCIPAUTE DE MONACO"Olive sprig; denomination "1 Cme"; year of issue1976
5 centimes17 mm2 gAluminum-bronzeSmoothRainier IIIArmoured friar; text "5 CENTIMES"; "DEO JUVANTE"1962
10 centimes20 mm1.38 mm3 gAluminum-bronzeSmoothRainier IIIArmoured friar; text "10 CENTIMES"; "DEO JUVANTE"1962
20 centimes23.5 mm1.4 mm4 gAluminum-bronzeSmoothRainier IIIArmoured friar; text "20 CENTIMES"; "DEO JUVANTE"1962
50 centimes25 mm2 mm7 gAluminum-bronzeSmoothRainier IIIArmoured friar; text "50 CENTIMES"; "DEO JUVANTE"1962
12 franc19.5 mm2 mm4.5 gNickelReededRainier IIICrown overlapping shield; text "1/2 FR"; "DEO JUVANTE"1965
1 franc24 mm2 mm6 gNickelReededRainier IIICrown overlapping shield; text "1 FR"; "DEO JUVANTE"1960
2 francs26.5 mm7.5 gNickelReededRainier IIIMonogram of Rainier III1979
5 francs29 mm12 g.835silverReededRainier IIICoat of arms of Monaco; text "5 F"; "DEO JUVANTE"1960
5 francs29 mm2 mm10 gCopper-nickelReededRainier IIIMonogram of Rainier III1971
10 francs26 mm10 gCopper-aluminum-nickelReededRainier IIIMonogram of Rainier III superimposed on the coat of arms of Monaco1975
23 mm2.13 mm6.5 gBi-metallic (Nickel center in an aluminum-bronze ring)Segmented (Plain and reeded sections)Armoured knight; text "DEO JUVANTE"Denomination and monogram of Rainier III; text "PRINCIPAUTÉ DE MONACO"; "10F"1989
20 francs26.8 mm0.3 mm9 gTri-metallic (Aluminum-bronze center plug, with a nickel middle ring and an aluminum-bronze outer ring)Prince's Palace ("Palais Princier"); text "DEO JUVANTE"Denomination and monogram of Rainier III; text "PRINCIPAUTÉ DE MONACO"; "20F"1992

Banknotes

[edit]

The only Monégasque banknotes are dated 20 MARS 1920. There was an initial emergency issuance of 25 and 50 centime and 1 franc notes on 28 April 1920, followed by a second issued of 25 centime and 1 franc notes with different color schemes. The violet 25 centime notes are available with and without embossing, which was used to validate the notes, but the process was soon discontinued as a cost-cutting measure. The embossed notes have a crowned shield with diamond pattern at center, encircled by the text Principauté de Monaco, and are available with circles of two different diameters.[6][7]

See also

[edit]

References

[edit]
  1. ^"Monaco Euro Coins". Eurocoins.co.uk. 1 January 2002. Retrieved11 May 2017.
  2. ^Ordonnance n°58-1341 du 27 décembre 1958 NOUVEAU FRANC
  3. ^"Conversion from Franc to Euro". xe.com. 11 May 2017. Retrieved11 May 2017.
  4. ^"20 Francs - Charles III, Monaco".Numista. Retrieved2024-02-15.
  5. ^"100 Francs - Albert I, Monaco".Numista. Retrieved2024-02-15.
  6. ^Linzmayer, Owen (2012). "Monaco".The Banknote Book. San Francisco, CA: www.BanknoteNews.com.
  7. ^"Archived copy". Archived fromthe original on 2011-07-25. Retrieved2007-03-07.{{cite web}}: CS1 maint: archived copy as title (link)

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