Katangan franc

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Katangan franc franc (French)
1960 50 francs
User(s)	Katanga
Subunit
1/100	centime
Coins	1, 5 francs
Banknotes	10, 20, 50, 100, 500 and 1,000 francs
Central bank	Banque Nationale du Katanga
This infobox shows the latest status before this currency was rendered obsolete.

The franc was the currency of Katanga between 1960 and 1963 during the Congolese province's brief independence. It replaced the Congolese franc at par and was consequently initially equal to the Belgian franc. This established an exchange rate of 50 francs = 1 U.S. dollar. Just before Katanga was re-annexed by Congo, the exchange rate had fallen to 195 francs = 1 U.S. dollar. The currency was replaced at par by the Congolese franc.

[edit] Coins

Bronze coins were issued in 1961 in denominations of 1 and 5 francs.

[edit] Banknotes

In 1960, a provisional issue of notes was produced by the government. These were overprinted on notes of the Rwanda and Burundi franc in denominations of 5. 10, 20 and 50 francs. Later in 1960, regular notes were issued by the Banque Nationale du Katanga in denominations of 10, 20, 50, 100, 500 and 1000 francs. A second series of notes was issued in 1962 in denominations of 100, 500 and 1000 francs.

[edit] External links

• Don's World Coin Gallery - Katanga
• Ron Wise's World Paper Money - Katanga ^{Mirror site}
• Tables of Modern Monetary Systems by Kurt Schuler - Congo-Kinshasa (Democratic Republic of Congo) ^{Mirror site}
• The Global History of Currencies - Congo, Democratic Republic of (Kinshasa)
• Global Financial Data data series - Katanga Franc
• Global Financial Data currency histories table ( Microsoft Excel format)

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