Algerian franc
From Wikipedia, the free encyclopedia
The franc was the currency of Algeria between 1848 and 1964. It was equivalent to the French franc and was revalued in 1960 at a rate of 100 old francs = 1 new franc. Both francs were subdivided into 100 centimes.
The franc replaced the budju when France occupied the country. Except for 20, 50 and 100 franc coins issued between 1949 and 1956, Algeria used French coins. However, the Bank of Algeria and the Bank of Algeria and Tunisia issued banknotes specifically for use in Algeria, starting in 1861.
The new franc was replaced at par by the dinar.
Currencies named franc or similar | |
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Current | Burundian franc · CFA franc · CFP franc · Comorian franc · Congolese franc · Djiboutian franc · Guinean franc · Liechtenstein frank · Rwandan franc · Swiss franc · UIC franc |
Defunct | Algerian franc · Belgian franc · Cambodian franc · French Camerounian franc · French franc · Katangan franc · Gold-Franc · Luxembourgish franc · Madagascan franc · Malian franc · Monegasque franc · Moroccan franc · New Hebrides franc · Saar franc · Tunisian franc · Westphalian Frank |