
History
of the currency :
The Barter, a direct exchange of goods against another goods
constitutes the first frame of reference. For example a
sheep = 10 cocks... Consequently, the sheep becomes monetary
unit and is used as basic value.
Since antiquity the man "craftsman" uses as monetary
unit the object which he manufactures: iron of axe, knife,
ingot of metal, fabric parts, ornaments... These objects
being useful as currency - called paléo-currencies
are numerous and vary from one area to another, even from
one time to another.
Cauris :
In use until the XIXth century in Africa as an instrument
of exchange and a store of value allowing the saving.
Grouped in heaps and often pierced, they facilitate counting
in the commercial transactions.
First currencies in the Occident(west)
:
In the Occident, the coin appears towards 650 front. J.C.
among Greeks of Minor Asia (Western coast of current Turkey).
Small noble metal ingots of constant weight are manufactured
by the city from which they carry the symbol: thus the first
currencies with the meaning that we hear today are born:
they have the same weight, the same form, and carry an identical
mark.
The choice of gold and the money is explained by the fact
that these matters are rare. They present a great value
for a reduced weight and volume.
Traditionally, one allots to Crésus the paternity
of this gold coining.
This king of Lydie owed his fabulous richness to the Gold
mine, river which carted gold nuggets.
From Minor Asia, the use of the currency will be spread
in all the Mediterranean basin
History of the franc :
1360 : First franc of the
French monetary history, the " franc is created with
horse " was created in December 5, 1360. This piece
of gold being worth a pound tournaments is struck during
the war of Hundred Years, at the time of the liberation
of the king Jean II the Good, who had been captured by the
English in 1356 in the battle of Poitiers. .
The term "franc ", used in the context of the
time, means " free ".
The strucking of the franc with the horse continued until
1385. From the reign of Charles V the broadcast of one franc
with foot took place (the king represented as he is standing),
with the same value.
1575 : Henri III created
the franc of money, heavy currency (14 gs) being worth a
pound tournament. But a royal declaration of 1586 forbed
the strucking because these pieces are frequently trimmed.
On the other hand, the broadcast of the half franc and quarter
of franc are maintained until 1642.
Then the term”franc”, synonymous of book, falls
in disuse. 
1803 :The piece of 1 franc
of money, called Germinal Franc, is given out following
laws of Germinal year XI. At this date, one struck in the
same metal of the half and quarter franc, as well as 2 and
5 franc pieces. The multiple of 20 francs and 40 francs
are cashed in gold.
The monetary system put in place during this period will
subsist until 1914.
1958 : monetary reform of
De Gaulle: 1 new Franc = 100 Ancient franc.
2002 : The Franc is replaced
by the euro.
History of the euro :
1945 : End of the war in
Europe.
1950 : Schuman declaration,
proposing to France and Germany pooling of the resources
of coal and steel.
1951 : Paris Treaty creating
the Community of Coal and steel (6 countries). .
1957 : Rome Treaty. Creation
of the European Economic Community (C.E.E., 6 countries).
.
1969 : Customs union.
1972 : European monetary
snake, limiting fluctuations to 2,25%. .
1979: European monetary system,
defining a common monetary unit (ECU), rebaptised EURO in
1995.
1992 : Maastricht Treaty,
creating the European union (UE) that replaces the EEC.
2002, 1er janvier : Appearance
of pieces and tickets in Euro in 12 countries..
1er janvier 1999 : Definitive
fixing of the value of the euro in the currency of the 11
participating countries. For France, 1 euro = 6.55957 franc.
Double display of detail prices in euro and in national
currency in 1999, 2000 and 2001.
1er janvier 2002 : Circulation
of pieces and tickets in euro
17 février 2002 :
End of the legal course of the franc.
28 février 2002 :
Disappearance of all national currencies.
