what is the name of the currency used in france
French franc In January 1960 the French franc was revalued, with 100 existing francs making one nouveau franc.[10] The abbreviation "NF" was used on the 1958 design banknotes until 1963. Old one- and two-franc pieces continued to circulate as centimes (no new centimes were minted for the first two years). The one-centime coin never circulated widely. Inflation continued to erode the franc's value: between 1950 and 1960, the price level increased 72 per cent (5.7% per year on average); between 1960 and 1970, it increased 51 per cent (4.2%).[11] Only one further major devaluation occurred (11% in August 1969) before the Bretton Woods system was replaced by free-floating exchange rates. When the euro replaced the franc on 1 January 1999, the franc was worth less than an eighth of its original 1960 purchasing power.[citation needed]
Dividend yield Its reciprocal is the Price/Dividend ratio.
Euro sign Placement of the sign also varies. Partly since there are no official standards on placement,[9] countries have generated varying conventions or sustained those of their former currencies. For example, in Ireland and the Netherlands, where previous currency signs (£ and ƒ, respectively) were placed before the figure, the euro sign is universally placed in the same position.[10] In many other countries, including France, Germany, Italy, Spain, Latvia[11] and Lithuania, an amount such as €3.50 is usually written as 3,50 € instead, largely in accordance with conventions for previous currencies.
Euro coins There are eight different denominations of euro coins: 1c, 2c, 5c, 10c, 20c, 50c, €1 and €2.[12] The 1c, 2c and 5c coins show Europe in relation to Asia and Africa in the world.[12] The remaining coins show the EU before its enlargement in May 2004 if minted before 1 January 2007, or a geographical map of Europe if minted after.[12] Coins from Italy, San Marino, the Vatican City, Austria and Portugal show the geographical map if minted in 2008 or later.[12]