Gold franc

The gold franc (currency code: XFO) was the unit of account for the Bank for International Settlements from 1930 until April 1, 2003. It was replaced with the special drawing right. It was originally based on the Franc Germinal, and remained at the value the franc was pegged (0.290322 g fine gold) after the countries of the Latin Monetary Union came off the gold standard.

Gold franc
ISO 4217
CodeXFO
Demographics
Date of introduction1930
User(s)Bank for International Settlements
Valuation
Pegged with1 XFO = 0.290322 g fine gold
This infobox shows the latest status before this currency was rendered obsolete.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.