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Réunion franc

The franc was the currency of Réunion until 1999. Before 1975, Réunion had its own franc, distinct from that of France. After 1975,[1] the French franc circulated. Réunion now uses the euro. The Réunion franc was subdivided into 100 centimes.

History

The French franc circulated on Réunion alone (except for a single coin issue) until 1874, when distinct issues of currency commenced. Initially, notes of the Banque de la Réunion and the Colonial Treasury circulated alongside French currency. In 1896, coins were issued, followed by bank tokens in 1920. In 1945, the CFA franc was created and was adopted in Réunion, with distinct coins introduced in 1948. Although Réunion's paper money was stamped with the equivalent value in new francs from 1960, the new franc did not replace the Réunion franc until 1975,[2] when French currency replaced Réunion's at a rate of 1 French (new) franc = 50 Réunion (CFA) francs.

Coins

 
5 Francs coin of 1955
  • 1779/80 - 3 sols "Isles de France et de Bourbon"[3]
  • 1781 - 3 sous "Isles de France et de Bourbon"
  • 1816, billon 10 centimes were struck in the name of the Isle de Bourbon (as Réunion was then known). In 1896, cupro-nickel 50 centimes and 1 franc coins were issued.
  • 1920, aluminium 5, 10 and 25 centime bank tokens were issued, which circulated until 1941.
  • 1948, aluminium 1 and 2 francs coins were introduced
  • 1955 aluminium 5 francs and aluminium-bronze 10 and 20 francs.
  • 1962 and 1964 Nickel 50 and 100 francs.

All denominations were issued until 1975.

Coins of the Réunion franc
Image Value Technical parameters Description Date of minting
Diameter Thickness Mass Composition Edge Obverse Reverse
1 franc 23 mm 1.6 mm 1.3 grams Aluminum Plain/Smooth Profile of Marianne with four ships in the background Sugar cane plants dividing the denomination 1948-1973
2 francs 27 mm 2.03 mm 2.2 grams Aluminum Plain/Smooth Profile of Marianne with four ships in the background Sugar cane plants dividing the denomination 1948-1973
5 francs 30 mm 3.5 grams Aluminum Plain/Smooth Profile of Marianne with four ships in the background Sugar cane plants dividing the denomination 1948-1973
10 francs 20 mm 3.0 grams Aluminum-bronze Plain/Smooth Profile of Marianne with four ships in the background Crowned shield (coat of arms of Saint-Denis de la Réunion) dividing the denomination 1955-1964
10 francs 20 mm 3.0 grams Aluminum-nickel-bronze Plain/Smooth Profile of Marianne with four ships in the background Crowned shield (coat of arms of Saint-Denis de la Réunion) dividing the denomination 1969-1973
20 francs 23.5 mm 1.3 mm 4.0 grams Aluminum-bronze Plain/Smooth Profile of Marianne with four ships in the background Crowned shield (coat of arms of Saint-Denis de la Réunion) dividing the denomination 1955-1964
20 francs 20 mm 3.0 grams Aluminum-nickel-bronze Plain/Smooth Profile of Marianne with four ships in the background Crowned shield (coat of arms of Saint-Denis de la Réunion) dividing the denomination 1969-1973
50 francs 24 mm 6.0 grams Nickel Reeded/grained Profile of Marianne with four ships in the background Crowned shield (coat of arms of Saint-Denis de la Réunion) dividing the denomination 1962-1973
100 francs 26.5 mm 1.96 mm 8.54 grams Nickel Reeded/grained Profile of Marianne with four ships in the background Crowned shield (coat of arms of Saint-Denis de la Réunion) dividing the denomination 1964-1973

Banknotes

The Banque de la Réunion introduced notes for 5, 10, 25, 100 and 500 francs between 1873 and 1876. Between 1884 and 1886, the Colonial Treasury (Trésor Colonial) issued notes for 50 centimes, 1, 2 and 3 francs.

In 1917, the Banque de la Réunion issued emergency small change notes for 5 and 10 centimes. The Bank introduced 1000 francs notes in 1937 and 5000 francs in 1940. During the Second World War, the Bank issued 50 centimes, 1 and 2 francs notes, first under the auspices of Vichy France, then of the Free French. The Banque de la Réunion ceased note issuing in 1944.

In 1943, the Caisse Centrale de la France Libre (Central Cashier of Free France) issued 5, 100 and 1000 francs notes of the same type as issued in French Equatorial Africa for use in Réunion. In 1944, the Caisse Centrale de la France d'Outre Mer (Central Cashier of Overseas France) issued 100 and 1000 francs notes in the same way. In 1947, the Caisse Centrale de la France d'Outre-Mer issued French Equatorial African notes for 5, 10, 20, 50, 100, 500, 1000 and 5000 francs overprinted with "La Réunion".

In 1962, the Institut d'Émission des Départements d'Outre-Mer took over paper money issue, with notes for 100, 500, 1000 and 500 francs, overprinted with either "La Réunion" or "Département de la Réunion". In 1960, 500 1000 and 5000 francs notes were issued overprinted with the denomination in new francs (10, 20 and 100 nouveaux francs).

See also

References

  1. ^ IEDOM/Banque de France - History, Historique des billets 2013-07-03 at the Wayback Machine
  2. ^ IEDOM/Banque de France - History, Historique des billets 2013-07-03 at the Wayback Machine
  3. ^ Monnaies de la Réunion (REU) History of Réunion and Mauritius coins
  • Krause, Chester L.; Clifford Mishler (1978). Standard Catalog of World Coins: 1979 Edition. Colin R. Bruce II (senior editor) (5th ed.). Krause Publications. ISBN 0873410203.
  • 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.

External links

  • www.mi-aime-a-ou.com/cfa_ile_reunion.htm - Pictures of Réunion CFA Bills - (not linkable)
  • Pictures of Réunion CFA Coins
Preceded by:
None
Currency of Réunion
1920 – 1975
Succeeded by:
French franc
Reason: Withdrawal of the Réunion franc from circulation, and replacing it with circulating coins and banknotes of the New French franc.
Ratio: 1 New French franc = 50 Réunion (CFA) francs
Preceded by:
French franc
Reason: Withdrawal of the Réunion franc from circulation, and replacing it with circulating coins and banknotes of the New French franc.
Ratio: 1 New French franc = 50 Réunion (CFA) francs
Currency of Réunion
1975 – 2002
Succeeded by:
Euro
Reason: Introduction of the Euro as legal tender throughout the European Union, which is also applied to the French overseas department of Réunion.

réunion, franc, franc, currency, réunion, until, 1999, before, 1975, réunion, franc, distinct, from, that, france, after, 1975, french, franc, circulated, réunion, uses, euro, subdivided, into, centimes, contents, history, coins, banknotes, also, references, e. The franc was the currency of Reunion until 1999 Before 1975 Reunion had its own franc distinct from that of France After 1975 1 the French franc circulated Reunion now uses the euro The Reunion franc was subdivided into 100 centimes Contents 1 History 2 Coins 3 Banknotes 4 See also 5 References 6 External linksHistory EditThe French franc circulated on Reunion alone except for a single coin issue until 1874 when distinct issues of currency commenced Initially notes of the Banque de la Reunion and the Colonial Treasury circulated alongside French currency In 1896 coins were issued followed by bank tokens in 1920 In 1945 the CFA franc was created and was adopted in Reunion with distinct coins introduced in 1948 Although Reunion s paper money was stamped with the equivalent value in new francs from 1960 the new franc did not replace the Reunion franc until 1975 2 when French currency replaced Reunion s at a rate of 1 French new franc 50 Reunion CFA francs Coins Edit 5 Francs coin of 1955 1779 80 3 sols Isles de France et de Bourbon 3 1781 3 sous Isles de France et de Bourbon 1816 billon 10 centimes were struck in the name of the Isle de Bourbon as Reunion was then known In 1896 cupro nickel 50 centimes and 1 franc coins were issued 1920 aluminium 5 10 and 25 centime bank tokens were issued which circulated until 1941 1948 aluminium 1 and 2 francs coins were introduced 1955 aluminium 5 francs and aluminium bronze 10 and 20 francs 1962 and 1964 Nickel 50 and 100 francs All denominations were issued until 1975 Coins of the Reunion francImage Value Technical parameters Description Date of mintingDiameter Thickness Mass Composition Edge Obverse Reverse1 franc 23 mm 1 6 mm 1 3 grams Aluminum Plain Smooth Profile of Marianne with four ships in the background Sugar cane plants dividing the denomination 1948 19732 francs 27 mm 2 03 mm 2 2 grams Aluminum Plain Smooth Profile of Marianne with four ships in the background Sugar cane plants dividing the denomination 1948 19735 francs 30 mm 3 5 grams Aluminum Plain Smooth Profile of Marianne with four ships in the background Sugar cane plants dividing the denomination 1948 197310 francs 20 mm 3 0 grams Aluminum bronze Plain Smooth Profile of Marianne with four ships in the background Crowned shield coat of arms of Saint Denis de la Reunion dividing the denomination 1955 196410 francs 20 mm 3 0 grams Aluminum nickel bronze Plain Smooth Profile of Marianne with four ships in the background Crowned shield coat of arms of Saint Denis de la Reunion dividing the denomination 1969 197320 francs 23 5 mm 1 3 mm 4 0 grams Aluminum bronze Plain Smooth Profile of Marianne with four ships in the background Crowned shield coat of arms of Saint Denis de la Reunion dividing the denomination 1955 196420 francs 20 mm 3 0 grams Aluminum nickel bronze Plain Smooth Profile of Marianne with four ships in the background Crowned shield coat of arms of Saint Denis de la Reunion dividing the denomination 1969 197350 francs 24 mm 6 0 grams Nickel Reeded grained Profile of Marianne with four ships in the background Crowned shield coat of arms of Saint Denis de la Reunion dividing the denomination 1962 1973100 francs 26 5 mm 1 96 mm 8 54 grams Nickel Reeded grained Profile of Marianne with four ships in the background Crowned shield coat of arms of Saint Denis de la Reunion dividing the denomination 1964 1973Banknotes EditThe Banque de la Reunion introduced notes for 5 10 25 100 and 500 francs between 1873 and 1876 Between 1884 and 1886 the Colonial Treasury Tresor Colonial issued notes for 50 centimes 1 2 and 3 francs In 1917 the Banque de la Reunion issued emergency small change notes for 5 and 10 centimes The Bank introduced 1000 francs notes in 1937 and 5000 francs in 1940 During the Second World War the Bank issued 50 centimes 1 and 2 francs notes first under the auspices of Vichy France then of the Free French The Banque de la Reunion ceased note issuing in 1944 In 1943 the Caisse Centrale de la France Libre Central Cashier of Free France issued 5 100 and 1000 francs notes of the same type as issued in French Equatorial Africa for use in Reunion In 1944 the Caisse Centrale de la France d Outre Mer Central Cashier of Overseas France issued 100 and 1000 francs notes in the same way In 1947 the Caisse Centrale de la France d Outre Mer issued French Equatorial African notes for 5 10 20 50 100 500 1000 and 5000 francs overprinted with La Reunion In 1962 the Institut d Emission des Departements d Outre Mer took over paper money issue with notes for 100 500 1000 and 500 francs overprinted with either La Reunion or Departement de la Reunion In 1960 500 1000 and 5000 francs notes were issued overprinted with the denomination in new francs 10 20 and 100 nouveaux francs See also EditCFA francReferences Edit IEDOM Banque de France History Historique des billets Archived 2013 07 03 at the Wayback Machine IEDOM Banque de France History Historique des billets Archived 2013 07 03 at the Wayback Machine Monnaies de la Reunion REU History of Reunion and Mauritius coins Krause Chester L Clifford Mishler 1978 Standard Catalog of World Coins 1979 Edition Colin R Bruce II senior editor 5th ed Krause Publications ISBN 0873410203 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 External links Editwww mi aime a ou com cfa ile reunion htm Pictures of Reunion CFA Bills not linkable Pictures of Reunion CFA Coins Portals Africa Money Numismatics Preceded by None Currency of Reunion 1920 1975 Succeeded by French francReason Withdrawal of the Reunion franc from circulation and replacing it with circulating coins and banknotes of the New French franc Ratio 1 New French franc 50 Reunion CFA francsPreceded by French francReason Withdrawal of the Reunion franc from circulation and replacing it with circulating coins and banknotes of the New French franc Ratio 1 New French franc 50 Reunion CFA francs Currency of Reunion 1975 2002 Succeeded by EuroReason Introduction of the Euro as legal tender throughout the European Union which is also applied to the French overseas department of Reunion Retrieved from https en wikipedia org w index php title Reunion franc amp oldid 1133796959, wikipedia, wiki, book, books, library,

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