Franc

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Franc
Franc Voiseyien (fr)
Voiseyian Franc coin
Reverse of a 1 Franc coin from 1960 with the state motto
ISO 4217
Unit
SymbolF
Denominations
Subunit
1/100Centimes
Symbol
 CentimesC
Banknotes
 Freq. used10F, 50F, 100F, 500F
 Rarely used200F
Coins
 Freq. used10C, 50C, 1F, 5F, 20F,
 Rarely used1C
Demographics
Date of introduction1152
User(s)Voisey
Issuance
Central bankNational Bank of Voisey
 Websitewww.banquenational.gov.vy
PrinterBanque de Voisey
MintMonnaie de Chaumont
Valuation
Inflation0.8% (January 2022)
 SourceNational Bank of Voisey
 MethodCPI


The Voiseyian Franc (FV) is the official currency used in Voisey since 1152. The National Bank of Voisey is responsible for issuing banknotes and coins in the national currency. The Franc was introduced in 1152 and divided into centimes, 1 Franc being equal to 100 centimes. Replacing a piece of textile of different color, plated on metal called "livre côthoise". In total, there are 12 types of Franc (coins + banknotes) and 4 types of Centimes. The smallest coin is the 1 centime and the largest 50 Francs. The smallest banknote is 10 Francs (5F between 1152 and 1790) and the largest is 500 Francs. The Voiseyian Franc is the world's fourth-largest reserve currency on Primeria in January 2022.

Administation

The National Bank of Voisey dictates and oversees all monetary policy of the currency. The Mint of Chaumont manages the minting of all coins. The Bank of Voisey manages the printing of all banknotes. This currency is the only acceptable legal tender for transactions within the country.

Characteristic

One Voiseyian franc is subdivided into 100 centimes. Voisey's is one of the last countries to use the 1 centime coin so much. The Franc Voiseyien is the oldest currency still in use, the second being the Franc Brennois (FB), introduced in 1212.


History

The Franc Voisey was introduced in 1152. At the beginning, only coins existed and they were often silver coins. On the top were often depicted Voisey's landscapes. The Voisey's franc of the Archipel Sainte-Louise was minted in Troyes (the other coins were minted in Chaumont) and had a merchant ship as a motif. Gold coins arrived much later, in 1688, but were not minted in great numbers. The Franc Voiseyien replaced the livre côthoise, a piece of textile plated on a piece of metal. Deemed too old, the Franc Voiseyien was voted in.