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franc
The franc (₣) is the name of several currency units. The French franc was the former currency of France until the euro was adopted in 1999 (by law, 2002 de facto). The Swiss franc is a major world currency today due to the prominence of Swiss financial institutions. The name is said to derive from the Latin inscription ''francorum rex'' (Style of the French sovereign: ''King of the Franks'') used on early French coins and until the 18th century, or from the French ''franc'', meaning "free" (and "frank"). The countries that use francs include Switzerland, Liechtenstein, and most of Francophone Africa. Before the introduction of the euro, francs were also used in France, Belgium and Luxembourg, while Andorra and Monaco accepted the French franc as legal tender (Monegasque franc). The franc was also used within the French Empire's colonies, including Algeria and Cambodia. The franc is sometimes italianised or hispanicised as the ''franco'', for instance in Luccan franco. One franc is typically divided into 100 centimes. The French franc symbol was an F with a line through it (₣) or, more frequently, only an F. For practical reasons, the banks and the financial markets used the abbreviation FF for the French franc in order to distinguish it from the Belgian franc (FB), the Luxembourgish franc (FL or FLux) etcetera. (In the Luxembourgish language, the word for franc is ''Frang'', plural form ''Frangen''.) ==Origins==
The franc was originally a French gold coin of 3.87 g minted in 1360 on the occasion of the release of King John II ("the good"), held by the English since his capture at the Battle of Poitiers four years earlier. It was equivalent to one ''livre tournois'' (Tours pound).
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