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Luxembourgish franc

Currency
Local name   
   
   
ISO 4217 CodeLUF
Official userLuxembourg
Belgium
ERM
Since13 March 1979
Fixed rate since31 December 1998
Replaced by �, non cash1 January 1999
Replaced by �, cash1 January 2002
40.3399 francs
Pegged withBelgian franc at par
Subunit
1/100   
   
Symbolfr. or F
Coins and Banknotes
Central bank  3
PrinterNational Bank of Belgium4  
MintNational Bank of Belgium4  

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The Luxembourgish franc ( , , ) was the currency of Luxembourg between 1854 and 1999 (except during the period 1941-44). The franc remained in circulation until 2002, when it was replaced by the euro. During the period 1999 � 2002, the franc was officially a subdivision of the euro (1 euro=40.3399 francs) but the euro did not circulate.

Under the principle of "no obligation and no prohibition", financial transactions could be conducted in Euros and Francs, but physical payments could only be made in Francs, as Euro notes and coins were not available yet.

The franc was subdivided into 100 centimes.

Luxembourgish franc Video


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Preceded by
Belgian franc
Luxembourgish currency
1854-1941
Succeeded by
German Reichsmark
Preceded by
German Reichsmark
Luxembourgish currency
1944-1999{{ref|1999|1}}
Succeeded by
Euro

Topics on the euro

Topics
Linguistic issues * International status and usage * Euro sign * Eurozone * Euro calculator * Economic & Monetary Union
Administration
European Central Bank 1=(ESCB * Eurosystem * 1=President) * Eurogroup * Ecofin * Stability & Growth Pact * European Financial Stability Facility
History
"Snake in the tunnel" * European Monetary System 1=(I: ECU * 1=II: ERM * 1=III: EMU) * European Monetary Institute * Enlargement * Black Wednesday
Related
EU economy * Economy of Europe * Eonia * Euribor * Global economy * Other currencies * Reserve currency * SEPA * World currency
Denominations
coins1c * 2c * 5c * 10c * 20c * 50c * -1 * -2 * -2 commemorative coins * Other commemorative coins * Identifying marks * Starter kits * Europa coin programme
banknotes-5 * -10 * -20 * -50 * -100 * -200 * -500
Coins by
country
adoptedEU: Austria * Belgium * Cyprus * Finland * France * Germany * Greece * Ireland * Italy * Luxembourg * Malta * Netherlands * Portugal * Slovakia * Slovenia * Spain 1=Non-EU: Monaco * San Marino * Vatican
targeted1=Estonia * 1=Latvia * 1=Lithuania
Adoption by
other countries
EU1=Bulgaria * 1=Czech Republic * Denmark * 1=Hungary * 1=Poland * 1=Romania * Sweden * United Kingdom
Non-EU1=Andorra * Iceland * Kosovo * Montenegro
Yielded
currencies
European Currency Unit * Austrian schilling * Belgian franc * Cypriot pound * Deutsche Mark * Dutch guilder * Finnish markka * French franc * Greek drachma * Irish pound * Italian lira * Luxembourgish franc * Maltese lira * Monegasque franc * Portuguese escudo * Sammarinese lira * Slovak koruna * Slovenian tolar * Spanish peseta * Vatican lira
Remaining
currencies
1=ERM IIDanish krone * Estonian kroon * Latvian lats * Lithuanian litas
1=other (EU)British pound (plus Gibraltar pound) * Bulgarian lev * Czech koruna * Hungarian forint * Polish złoty * Romanian leu * Swedish krona



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