CFP Franc in Congolese Franc

XPF CFP Franc

Country of application:
French Polynesia, New Caledonia, Wallis and Futuna.

Coin denominations in circulation:
1, 2, 5, 10, 20, 50, 100 francs.

Denominations of banknotes in circulation:
00, 1000, 5000, 10,000 francs.

History reference:
The French Pacific franc is the currency used in Frances overseas possessions: New Caledonia, French Polynesia, Wallis and Futuna. The international currency code is XPF, introduced in 1945. At the s...ame time, the peg was carried out not to the French (due to the instability of this currency) franc, but to the US dollar. The issue of currency is carried out by the Issuing Institute of Overseas Territories of France. When it was introduced in December 1945 (the CFA franc was introduced at the same time), the abbreviation CFP consisted of the initial letters of the French words Colonies françaises du Pacifique (Pacific French colonies). Since 1967, the monetary unit has been called the "franc of the French offices in the Pacific" (from Comptoirs françaises du Pacifique - French offices in the Pacific). Now the abbreviation CFP (CFP) officially stands for Change Franc Pacifique (Pacific Exchange Franc).

CDF Congolese Franc

Country of application:
Democratic Republic of the Congo

Coin denominations in circulation:
1, 5, 10, 20, 50 centimes.

Denominations of banknotes in circulation:
1, 5, 10, 20, 50, 100, 200, 500, 1000, 2000, 5000, 10000, 20,000 francs.

History reference:
The Congolese franc has been the national currency and money of the Democratic Republic of the Congo since 1911 (from 1967 to 1997 in the country, in connection with the renaming of the country to Za...ire, it was renamed the new Zaire). The old name and country and money returned in 1997. In 1998, the Congolese franc was again declared the monetary unit, replacing the new zaire in the ratio: franc = 100,000 new zaire. The Bank of Zaire is renamed the Central Bank of the Congo. Banknotes of the 1997 sample were put into circulation.