Congolese franc

The Congolese franc (French: franc congolais, code FC) is the currency of the Democratic Republic of the Congo. It is subdivided into 100 centimes. However, centimes no longer have a practical value and are no longer used. In April 2024, 2,800 francs was equivalent to US$1. First franc (1887???1967) Currency denominated in centimes and francs (called frank in Dutch) was first introduced in 1887 for use in the Congo Free State (1885???1908). After the Free State's annexation by Belgium, the currency continued in the Belgian Congo. The francs were equal in value to the Belgian franc. From 1916, the Congolese franc also circulated in Ruanda-Urundi (present day Rwanda and Burundi) and, from 1952, the currency was issued jointly in the names of the Belgian Congo and Ruanda-Urundi. After...

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wikidata.org 0 views · 2024-12-26 19:39:10