Currency - Congolese franc

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Congolese franc

Fr
The franc is the currency of the Democratic Republic of the Congo. It is subdivided into 100 centimes.

Currency denominated in centimes and francs (Congolese frank) 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 the independence of the Democratic Republic of the Congo in 1960, Ruanda-Urundi adopted its own franc, whilst, between 1960 and 1963, Katanga also issued a franc of its own.

The franc remained Congo's currency after independence until 1967, when the zaïre was introduced, at a rate of 1 zaïre = 1,000 francs.

In 1887, holed, copper coins were introduced in denominations of 1, 2, 5 and 10 centimes, together with silver coins worth 50 centimes, and 1, 2, and 5 francs. Coins ceased to be minted of silver in 1896. Holed, cupro-nickel 5-, 10- and 20-centime coins were introduced in 1906, with the remaining copper coins (worth 1 and 2 centimes) minted until 1919. Cupro-nickel 50-centime and 1-franc coins were introduced in 1921 and 1920, respectively.

The coinage of Belgian Congo ceased in 1929, only to be resumed in 1936 and 1937 for the issue of nickel-bronze 5-franc coins. In 1943, hexagonal, brass 2-franc coins were introduced, followed by round, brass coins worth 1, 2 and 5 francs, and silver 50-franc coins, between 1944 and 1947.

In 1952, brass 5-franc coins were issued carrying the name "Ruanda-Urundi" for the first time.

Aluminum coins worth 50 centimes, 1 and 5 francs followed between 1954 and 1957. In 1965, the only franc-denominated coins of the first Democratic Republic of Congo were issued, aluminum coins worth 10 francs.

As with Belgium's own coins, some types were issued in two distinct versions, one with French legends, the other with Dutch legends.

In 1896 the Independent State of Congo issued 10 and 100 franc notes. In 1912, the Bank of Belgian Congo introduced 20 and 1000 francs, followed by notes of 1, 5 and 100 franc notes in 1914. The 1-franc notes were only printed until 1920, whilst 10 franc notes were introduced in 1937. 500 francs were introduced in the 1940s, with 10,000 francs introduced in 1942.

In 1952, the Central Bank of Belgian Congo and Ruanda-Urundi introduced notes for 5, 10, 20, 50 and 100 francs, with 500 and 1000 francs added in 1953.

Country

Democratic Republic of the Congo

The Democratic Republic of the Congo ( République démocratique du Congo ), also known as DR Congo, the DRC, Congo-Kinshasa, or simply the Congo, is the southernmost country located in Central Africa. It is sometimes referred to by its former name of Zaire, which was its official name between 1971 and 1997. The DRC borders the Central African Republic to the north; South Sudan to the northeast; Uganda, Rwanda, Burundi and Tanzania to the east; Zambia to the south; Angola to the southwest; and the Republic of the Congo and the Atlantic Ocean to the west. It is the second-largest country in Africa after Algeria (the largest in Sub-Saharan Africa) by area and the 11th-largest in the world. With a population of over million, the Democratic Republic of the Congo is the most populated officially Francophone country, the fourth-most-populated country in Africa, and the 16th-most-populated country in the world.

Centred on the Congo Basin, the territory of the DRC was first inhabited by Central African foragers around 90,000 years ago and was reached by the Bantu expansion about 3,000 years ago. In the west, the Kingdom of Kongo ruled around the mouth of the Congo River from the 14th to 19th centuries. In the centre and east, the kingdoms of Luba and Lunda ruled from the 16th and 17th centuries to the 19th century. In the 1870s, just before the onset of the Scramble for Africa, European exploration of the Congo Basin was carried out, first led by Henry Morton Stanley under the sponsorship of King Leopold II of Belgium. Leopold formally acquired rights to the Congo territory at the Berlin Conference in 1885 and made the land his private property, naming it the Congo Free State. During the Free State, the colonial military unit, the Force Publique, forced the local population to produce rubber, and from 1885 to 1908, millions of Congolese died as a consequence of disease and exploitation. In 1908, Belgium, despite initial reluctance, formally annexed the Free State, which became the Belgian Congo.

Language

Congolese franc (English)  Franco congolese (Italiano)  Congolese frank (Nederlands)  Franc congolais (Français)  Kongo-Franc (Deutsch)  Franco congolês (Português)  Конголезский франк (Русский)  Franco congoleño (Español)  Frank kongijski (Polski)  剛果法郎 (中文)  Kongolesisk franc (Svenska)  コンゴ・フラン (日本語)  Конголезький франк (Українська)  Конгоански франк (Български)  콩고 프랑 (한국어)  Kongon frangi (Suomi)  Franc Kongo (Bahasa Indonesia)  Kongo frankas (Lietuvių)  Kongo frangı (Türkçe)  Конгоански франак (Српски / Srpski)  Konžský frank (Slovenčina)  Kongói frank (Magyar)  Kongoanski franak (Hrvatski) 
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