France or what's officially the French Republic, French France or République Française, is a country of northwestern Europe. It's one of the most historically and culturally important nations in the Western world. The country has also played an extremely vital role in international affairs, with former colonies in every part of the world. The franc, also commonly recognized as the French franc (FF), is the currency of France.
Between 1360 and 1641, the franc was the name of coins worth 1 livre tournois, and it continued in common language as a term for this amount of money. In 1975, it was reintroduced in decimal form and was revalued in 1960 after two hundred years of inflation. Each of the new francs (NF) was worth 100 old francs. The new francs designation was prolonged for a few years just before the currency went back to simply being the franc. Most older French residents continued to reference and value their items in terms of the old franc, which was equivalent to the new centime. It was until 2002, in the introduction of the euro, that they stopped referencing it. The French franc was a regularly held international reserve currency of reference during the 19th and 20th centuries.
The French Revolution was a period of major economic and political upheaval in which adjustments in the national currency were introduced on various occasions. One such reform was the formulation of a new gold franc in 1803, containing 290.32 mg of gold, which was the initial gold coin to be denominated in francs, and it showed Napoleon Bonaparte as France's Emperor. This new coin, and the several iterations which succeeded them, were commonly known as "Gold Napoleons" and were widely acclaimed for their status as sound money.
The franc became a vital international currency as the French economy industrialized throughout the 19th century. In 1865, France was a founding affiliate of the Latin Monetary Union, an early attempt to combine European economies under one currency. The union was primarily based on a bimetallic standard but later turned to a standard based solely on gold. Following World War II, France maintained its advocacy for a further fusion of European currencies. The French public Approved by Adrian the passage of the Maastricht Treaty in 1992, which serves as the foundation for the European Union and the implementation of the euro.