Katangese franc
The Katangese franc (French: franc katangais), was the currency of the unrecognized State of Katanga between 1960 and 1963 during its brief period of independence from the Republic of the Congo. 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.
| franc katangais (French) | |
|---|---|
1960 50 francs | |
| Denominations | |
| Subunit | |
| 1⁄100 | centime |
| Banknotes | 10, 20, 50, 100, 500 and 1,000 francs |
| Coins | 1, 5 francs |
| Demographics | |
| Replaced | Belgian Congo franc |
| Replaced by | Congolese franc |
| User(s) | Katanga |
| Issuance | |
| Central bank | Banque Nationale du Katanga |
| This infobox shows the latest status before this currency was rendered obsolete. | |
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