Gold franc

Unit of account for the Bank for International Settlements from 1930 until April 1, 2003

The gold franc (currency code: XFO) was the unit of account for the Bank for International Settlements from 1930 until April 1, 2003. It was replaced with the special drawing right.

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Uncommon · Knowledge

Gold franc

Unit of account for the Bank for International Settlements from 1930 until April 1, 2003

The gold franc (currency code: XFO) was the unit of account for the Bank for International Settlements from 1930 until April 1, 2003. It was replaced with the special drawing right.

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From Wikipedia

The gold franc (currency code: XFO) was the unit of account for the Bank for International Settlements from 1930 until April 1, 2003. It was replaced with the special drawing right. It was originally based on the Franc Germinal, and remained at the value the franc was pegged (0.290322 g fine gold) after the countries of the Latin Monetary Union came off the gold standard.

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