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240 deniers
- In France, the livre was worth 240 deniers (the "Tours penny").
en.wikipedia.org › wiki › Livre_tournois
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Additionally, France took Navarrese 20-sou coins minted in 1719 and 1720, re-struck them as 1 ⁄ 6 écu (between the years of 1720 and 1723) essentially creating a coin worth 1 livre. These re-struck coins, however, eventually were assigned the value of 18 sous.
- .mw-parser-output .monospaced{font-family:monospace,monospace}U+20B6 ₶ LIVRE TOURNOIS SIGN
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Dec 8, 2023 · When the livre was replaced with the franc, its value was approximately 0.9877 of a franc, which, based on the fixed franc-to-euro rate, is currently worth approximately $0.19.
The value of the louis d'or, issued from the reform of 1640/41 to 1793, fluctuated (for most of the time) between 10 and 30 livres. Foreign traders accepted the coin at divers rates following their own changing perspectives on the value of gold and the quality of the coin. See Newton's Assessment of 1702.
The following table shows the value in French livres of various labors during the period of 1650 to 1750 and compares that with wages of today. Rates of Pay in 1650 and 1750 Livres and in 1997 Dollars. Livres: Wages per 10-Hr. Day. Livres: Wages per 300-Day, 3000/Hr Work Year.
Officially, it was divided into 100 centimes; unofficially, the old term "sou", meaning 1/20 of a livre, quickly came to mean 1/20 of a franc. In World War I, France left the gold standard, and the franc dwindled in value. By 1934, its value was only 17% of what it was in 1915; by 1959, it was worth only 2.5% of what it was in 1934.
European Union and French flags together. As France is one of the founding members of the Eurozone with enemy-turned-ally neighbor Germany, the Euro has become the legal currency for 19 out of the 27 member states of the European Union (EU). The final exchange rate at the time was 6.55957 French francs for 1 euro.
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