French Polynesian franc
From Wikipedia, the free encyclopedia
The franc is the currency of French Polynesia. It is subdivided into 100 centimes. Since 1945, it has been part of the CFP franc.
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[edit] History
Until 1914, the French franc circulated in French Polynesia. That year, banknotes were issued specifically for use on in the colony which circulated along with French coins. In 1945, the CFP franc was introduced, with coins issued for French Oceania (Etablisements Française de l'Océanie as the colony was then known) from 1949. From 1965, the name French Polynesia (Polynesie Française) has been used. The CFP franc is also issued in New Caledonia and was used in the New Hebrides until 1983. Since 1985, banknotes have been issued common to both French Polynesia and New Caledonia, although separate coinages continue.
[edit] Coins
In 1949, aluminium 50 centimes, 1 and 2 francs were introduced, followed by aluminium 5 francs in 1952. The 50 centimes was only issued in 1949. These coins carried the name Océanie. From 1965, the name changed to Polynesie. In 1967, nickel 10, 20 and 50 francs were introduced, followed by nickel-bronze 100 francs in 1976.
The overall design has not changed since the introduction of the French Polynesian franc coins, and the obverse has been identical to that of the New Caledonian franc. The only notable change is the addition of "I.E.O.M" (Institut d'émission d'Outre-Mer) in 1972.
[edit] Banknotes
In 1914, the Banque de l'Indochine in Papeete (the capital of French Polynesia on Tahiti) introduced notes for 5, 20 and 100 francs. In 1919, the Chamber of Commerce introduced notes for 25 and 50 centimes, 1 and 2 francs. The Banque André Krajewski also issued notes for these denominations in 1920. The Banque de l'Indochine introduced 500 franc notes in 1923, followed by 1000 francs in 1940.
In 1969, the Institut d'Emission d'Outre-Mer, Papeete took over the issuance of paper money, introducing notes for 100, 500, 1000 and 5000 francs. The 100 and 1000 franc notes have two variants. The earlier issue lacked the state title "République française". The 500 and 5000 franc notes have had the state title since their introductions. The 100 franc notes were replaced by coins in 1976.
In 1985, 10,000 franc notes common to all the French Pacific Territories were introduced. These were followed, between 1992 and 1996, by 500, 1000 and 5000 franc notes for all of the French Pacific Territories. The overall design has not changed since 1969.
[edit] See also
[edit] References
- Krause, Chester L. and Clifford Mishler (1991). Standard Catalog of World Coins: 1801-1991, 18th ed., Krause Publications. ISBN 0-87341-150-1.
- Pick, Albert (1994). Standard Catalog of World Paper Money: General Issues, Colin R. Bruce II and Neil Shafer (editors), 7th ed., Krause Publications. ISBN 0-87341-207-9.
[edit] External links
- Don's World Coin Gallery - French Polynesia
- Ron Wise's World Paper Money - French Polynesia Mirror site
- Tables of Modern Monetary Systems by Kurt Schuler - French Polynesia Mirror site
- The Global History of Currencies - French Polynesia
- Global Financial Data currency histories table (
Microsoft Excel format)
