Katangan franc


Katangan franc

Infobox Currency
currency_name_in_local = franc fr icon
image_1 = KatangaP7a-50Shillings-1960 f.jpg
image_title_1 = 1960 50 francs
image_2 =
image_title_2 =
iso_code =
using_countries = Katanga
subunit_ratio_1 = 1/100
subunit_ratio_2 =
subunit_name_1 = centime
subunit_name_2 =
used_coins = 1, 5 francs
used_banknotes = 10, 20, 50, 100, 500 and 1,000 francs
issuing_authority = Banque Nationale du Katanga
issuing_authority_website =
obsolete_notice = Y

The franc was the currency of Katanga between 1960 and 1963 during the Congolese province's brief independence. 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.

Coins

Bronze coins were issued in 1961 in denominations of 1 and 5 francs.

Banknotes

In 1960, a provisional issue of notes was produced by the government. These were overprinted on notes of the Rwanda and Burundi franc in denominations of 5. 10, 20 and 50 francs. Later in 1960, regular notes were issued by the "Banque Nationale du Katanga" in denominations of 10, 20, 50, 100, 500 and 1000 francs. A second series of notes was issued in 1962 in denominations of 100, 500 and 1000 francs.

External links

Standard numismatics external links
world_coin_gallery_1_url = Zaire
world_coin_gallery_1_name = Katanga
world_coin_gallery_1_anchor = Katanga
banknote_world_1_url = Katanga
banknote_world_1_name = Katanga
dollarization_1_url = zr
dollarization_1_name = Congo-Kinshasa (Democratic Republic of Congo)
gfd_1_url = Congo,_Democratic_Republic_of_(Kinshasa)
gfd_1_name = Congo, Democratic Republic of (Kinshasa)
gfd_data_1_url = 5594
gfd_data_1_name = Katanga Franc
show_gfd_excel = Y


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