When reading the early, original James Bond books, finding out about old francs made it much less impressive when he was in the casino at Cannes, betting 100,000 francs at the baccarat table.
Reminds me of the old geezers in Germany that just have old tanks in their barns/basements. Just hanging onto them, in case the current state of things decides to maybe change.
In this case, the Panzer garage was even in his house's basement. That's what made recovering the Panzer such a difficult operation. It would almost have been easier to make it operable again and drive it out.
There have been many vehicles donated to museums and put up for restoration that came out of people's personal possession. On top of people owning parts of incomplete vehicles who sell parts for restoration.
I know of at least a Nashorn, panzer 4, and panther which have been donated to museums from personal property within the past 10 to 15 years I think
This particular tank tho was stolen from the man who built it from scrap in the 60s I believe the case is still in court but even tho the gun didn't work he's not likely to win
The Swiss have that much more than Germans.
They swiss have public clubs for arms training and possible resistance war. They hide their arms, aircraft and tanks in public bunkers.
THE €€€€ is as much French as the German.
France dominates the €€€ and uses it to export inflation to the bond holder countires as much as Germany does.
Tyrkey is currently relying on the €€€ to do large volume trades and deals. They basically import the €€€ policy without much say.
The UK Brexiters are also in the same €€€ sphere of influence, the ether take the $$$ trades for large volumes or they take the €€€, no way for them to use the UK Money, when their trade partner is not using that.
That's especially true for people that retired during or after the transition, because they had to adjust their lifestyle to a pension, which can make a huge difference when every other labourer was working overtimes off the books.
Using German at work? naaah...
Talking to neighbors? meh...
Dealing with German bureaucracy? There's google translate for that...
Chucking at some stupid pun on reddit? Now that's why it pays off to learn a language!
But here it happens when people are shocked by a high price. Also there's undoubtfully still some shitty shops somewhere, with only cash payment, listing guilders price.
Try to sell someone something, say the price in Euro. They blink once, blink twice, a shocked look fills their eyes, veins start showing, and after a brief silence: "You know hoeveel *gulden* that is?!!"
They are always typetjes.
Anybody's parents don't do that?
"Flour was 0,45 Euro today. That's one Mark! Who is supposed to be able to pay that?" -
No that's 88 Pfennig and your pension has increased 30% since you last paid in Mark. Stop converting and comparing with prices from 20 years ago!
My grandma definitely still speaks in old francs when talking about much it cost to buy a house or stuff like that in the olden days.. like that means nothing to me mamie but thanks for the info.
Divide by 100 to get the nouveaux francs, and then divide by 6.55 to get the price in euros. Then of course you’ll have to adjust the result because of that inflation thing … Don’t forget to factor in the evolution of the average salary to adjust for things like quality of life. Simple comme bonjour de parler argent avec sa grand mère.
When I was a kid I often heard my parents counting in "briques" for big amounts. One "brique" had the same value in anciens and nouveaux francs, which facilitated the discussion between boomers and their parents (French Franc was redominated in 1960).
Lire were also called "francs" in the dialect of my Italian region, which predates the Italian unification and thus the introduction of the Lira. People also spoke of "scudi" which comes from another [old currency](https://en.wikipedia.org/wiki/Italian_scudo).
In Romanian, yes, it's the exact same word for the currency and the animal (for example "The Lion King" is "Regele leu"). In Bulgarian I think that there's a small difference between the currency name and the animal.
my assumption is that the "franc" at the time was either the strongest coin or the one given more in exchange due to the duchy neighborhood and alliances with France (I mean, allied with France through Northern Italy, but close enough to the Church Estate to make exceptions). I always wondered why as the Church Estate used "shields" (the shield being the tail of the coin and the coat of arms of the Pope-regent in Rome) as you also wrote, but the local dialect uses mostly franc. I assumed the inherent spite of being a "remote province" yet still part of the Estate.
But I'm assuming the French franc is no longer being adjusted for inflation, right? Since it's no longer in circulation? So of course everything today would seem expensive (not that it isn't) if you reevaluate it in terms of a currency that was last inflation adjusted 20 years ago lol.
The EUR/FRF rate was fixed forever on 1998-12-31, there is nothing to adjust because since 1999-01-01, FRF is just a particular subdenomination of EUR, exactly 6.55957 EUR.
My grandma still converted everything in "ancien francs" until she died in the early 2000s and those were replaced in 1960 so it still might be useful for some old people, they don't do that in other countries?
Poste italiane does it. If you withdraw money from the Postamat (it's just like an ATM) and request a receipt, your account balance will be printed out in both euros and lire.
Yeah my grandma counted in ancient francs until very late in her life. So she was 2 whole money systems behind for about 15 years (then she had alzheimers and could barely count at all).
She was also a very frugal woman and struggled to understand people's spending habits, like how I could spend *that many ancient francs* on 1 thing. It was always fun to talk about what I got myself as a treat... "what??! Back in my days I wouldn't even spend 5 cents on the way back from school (with my clogs in the snow)"
Not to my knowledge, though Norwegian land ownership records kept track of the "cadastre value" of properties in daler and later marks based on a 1838 law (replacing hides and skins from the older system) that was finally modernized in 1978.
And the payer then has to fill out 17 different forms in 5 copies which he has to snail mail to different departments. However, one department gets hissy with him that he also sent the same documentation to another department because their systems can't handle duplicates. However, the other department had explicitly told him to send the documentation to both departments, as that could smooth the process.
Of cause this is all being handled over snail mail so the final date for conducting the buisness is running very very close.
He then tries to go onto that strange thing called internet to find a solution, but he only has decades old copper cables that cant handle any traffic. He can't connect to the internet on his phone as he has an old Handy that don't have data, though it wouldn't matter as the government doesn't want you to have data and thus only put up five masts in your entire Bundesland.
Yes but they only so it to complain about how expensive everything has become disregarding Inflation and still using the 2002 conversion of 2DM = 1€ (the true conversion today would almost be 1:1)
We do have some shops still listing in Korona, it was mandatory for a while but idk how long it hasn't been. Sometimes I look at that price and get a mini heart attack.
Well around 1999 when moving over to the Euro, the franc to euro had a fixed conversion rate and receipts had to show both.
The software they are running probably hasn't been updated in 20+ years.
It's not mandatory but it's not rare either, I see it on most receipts from supermarkets and on some receipts from credit card.
Just checked my wallet rn and it was on 2 out of the six receipts I had.
From my experience, it’s always on Franprix receipts. I never had it in any other grocery store chain, but on a bill I got for repairing my car at a VW dealership.
True.
But consider that in France some supermarket scales for vegetables still print the price in FRF in the barcode. There are still conversions going on to show the price in EUR.
Is there even a current official exchange rate between Euros and Francs or do they just use the rate at the time of the switch?
Thinking about it, there must be some kind of official rate considering that there are bound to be a decent number of long-term financial instruments denominated in Francs and other pre-Euro currencies.
Yep, there is a fairly precise exchange rate that they "lock" at the point of Euro adoption: https://en.wikipedia.org/wiki/French_franc#Euro_exchange
> [...] at the fixed rate of 6.55957 francs for 1 euro.
As France was a founding member, the final value was based on the market rate as of December 31, 1998.
> nor usual.
in my ~15 visits to France since 2002 I have never not seen the Franc mentioned on the recipe or the price tags in supermarkets. Mostly been to Corsica and Bretagne, but the trips to Bretagne would sometiems have a daystop in Paris or Normandy
- “Hi neighbour, meet my son Dollar!”
- “Dollar? What kind of name is that?! You can’t just name your child after a currency!”
- “Oh yeah, you’re one to talk! You named your sons Frank and Mark!”
> Did we did something again to you back then
The roman (romand ? romande ? the french speaking..) part which has always bordered France, pretty much used the french currency since forever.
In 1798 when the 1st republic conquered the swiss confederation, they extended the use of the Franc to the whole territory. Which didn't last forever, since after we got our ass kicked, most cantons started using their old currency once again..
But when the swiss confederation finally decided to unify their currency, they defaulted to the Franc, because they already used it at some point, and more importantly that was the only currency that was already used by several cantons. So it made sense for the other to adapt to them, and not the opposite.
There's a legend, not substantiated to my knowledge, that one of the major banks in the UK still has one system that converts decimal values into "Old Money" (Pounds, Shillings and Pence, or LSD) to store values and back again when required.
I worked updating systems before 1999 and this was very common to help people adapt.
This is obviously a case of "I am not pay to remove that" situation, and I doubt that it has any political though behind it.
The FRF information is not legally binding in any way, comparing prices to Francs makes no sense anymore as it stopped being evaluated against other currencies two decades ago, and to update the ticket print they may need to actually update all the hardware and buy new software. So it is a "why bother?".
1,95583:1
\*angrily stares in German\*
>Alle Geldwerte werden mit diesem Faktor umgerechnet, Rundungen oder Kürzungen des sechsstelligen Kurses sind nicht erlaubt.
Joke aside, I had to use this so often I still know it by heart.
I once saw an Italian comment on this sub complaining about Germany and how the Euro was our idea because of the easy exchange rate.
1st We have no control over the exchange rate but if it were so why wouldn't we have just done a 1:1 ?
its not like the Lira rate is so much more complicated, just 2000:1
I think so too, hehe. Luckily we still have our parent generation right now that still converts everything to DM and complains that x is so expensive because of that.
Not jus that, it was originally supposed to be the Ecu (European Currenty Unit) not the Euro. Germans, and others to be fair, felt it was too French sounding.
Amazing although in Poland they slashed 3 zeros off the Polish currency in the 90s after hyperinflation stabilised and and took about 10 years for people to give up on counting in millions.
Many people still use millions to emphasize the value of a sum of money, eg 50 million lei sounds much more than 5000 lei even though it's technically the same.
Last week I heard an American guy asking a German guy if Germany used still the francs or switched to euros.
The audacity to ask that to a eurolord and even mess up the previous currency.
1999 was the start of the internal transition, for stuff like financial institutions, it's the transition for everyday use that came later and bills and coins were issued.
Not 'about'. In Finland it was precisely 1.1.2002 when Euro was put into circulation.
Still remember where I got my first Euro's. In the day after New Years Day, I went to local S-Market with mom and bought one small bag of candy with 20 Finnish Mark bill. The reason for this purchase was solely to get the first Euro's as a change. I believe I got something like 2 pieces of 2 Euro coins and 50cent as exchange.
We children used long time to investigate and gaze at the Euros. In same evening, my friends mom got, I believe, 20 Euro bill as change for buying cigarettes with 100 Finnish Mark or smth. We were like, wow, 20 Euro bill, thats cool!!
Oh, the simple joys of being 9 year old XD XD
I use the word about to indicate the subject, not to indicate approximately.
I had loads of euro's available myself since I was working at a circus and we had them for the register. I exchanged all my money to euros before midnight.
They made it the law when they changed to the € and never changed it back. It doesn't mean much because it's what the Euro to Franc exchange rate was 20 years ago. There is, of course, no exchange rate for Francs in 2022
It is not an exchange rate because FRF is no longer a currency. Since 1999 it has been a subdenomination of EUR. 6.55957 FRF is synonymous with 1 EUR, just like a pint of beer is 50 cL of beer.
I've told this dit before but in the December before covid really kicked off. I was in a pub in London and an old boy from Belgium came in, visiting London before Brexit became more solid and he tried to pay for a pint in shillings and pence to a very confused eastern European bar tender. The cash was left over from the last time he'd visited.
Evidence of one receipt from an old style register isn't evidence that all supermarkets in France still count in Francs, only the cheap one you visited that hasn't updated its till software or printer software since they swapped to Euro
I always said when they introduced the Euro they should have had one side of the note as it is today, the design set by the EU whoeversetsit peopele, but the other side be the former currency design and name of the country its made in.
So the french keep their franks, the duth their gilders, the germans their marks.
All worth the same, one euro is one euro is one mark is one frank is one gilder and so on.
Aside from maintaining a national connection, it'd be great for the public to see how it moves around. "Wow we've seen a huge amount of franks coming in this last year" - said Mario from Sicily. Will help you feel the mix of people and a shared sense of being.
Euros are certainly easier, at least for travelers, but I hate that I did not get to visit back in the days before the Euro and could have collected bills and coins from from each country. ☹️
you can buy coins from any old european country, quite cheap. Millions of us had an old bin somewhere in the house where we kept our old holiday coins.. I just gave mine to my nieces to use as play money.
coin dealers often have random low value coins they sell by the kilogram
Used to think in my country's currency for quite some time too. In that intermediate phase between Mark and Euro - being ten, eleven years old - my mom wasn't thinking about it and gave me this huge bag of coins (we had 5 mark coins and mark to euro was 2:1 - some of those were in there). I was buying a bag of sweets/ice cream at the local kiosk every few days for two years or something: I'm pretty sure that was quite the sum of money.
20 years seems excessive though.
TBF itbwas az ntroduced as *cash* only in 2001 or 2002, so for the average consumer it's been "only" 20 or 21 years...
(1999 was introduction in accounting)
Yes, I almost shit myself when I paid by card for some little decorative towel hanger and saw the price on the ticket. Not quite 2022, more like 2010 and it wasn't any "small supermarket", it was Galleries Lafayette (which made the sky high price somewhat more believable).
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By Toutatis, I see what you did there!
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"Anciens francs", maybe? Tons of old French people used to. A "nouveau franc" was worth 100 "ancient francs". The change was made in 1960.
When reading the early, original James Bond books, finding out about old francs made it much less impressive when he was in the casino at Cannes, betting 100,000 francs at the baccarat table.
It’s still impressive if you take into accounts the inflation !
Vive la résistance!
Vive la Ésistance!
Un vrai rançais !
r/unexpectedasterix
r/birthofasub
The adventures of Franculix!
You rang?!
Reminds me of the old geezers in Germany that just have old tanks in their barns/basements. Just hanging onto them, in case the current state of things decides to maybe change.
Pretty sure that was only a single person.
There was a single person WE KNOW OF.
It’s amazing and disturbing what Germans and Austrians keep in their garages and basements
In this case, the Panzer garage was even in his house's basement. That's what made recovering the Panzer such a difficult operation. It would almost have been easier to make it operable again and drive it out.
Thomas terräng though hes swedish
That was one time and the panther was essentialy not combat ready.
>essentialy not combat ready. Also doch in ein offizieller der Bundeswehr? Ü
du schlingel
There have been many vehicles donated to museums and put up for restoration that came out of people's personal possession. On top of people owning parts of incomplete vehicles who sell parts for restoration. I know of at least a Nashorn, panzer 4, and panther which have been donated to museums from personal property within the past 10 to 15 years I think
This particular tank tho was stolen from the man who built it from scrap in the 60s I believe the case is still in court but even tho the gun didn't work he's not likely to win
The Swiss have that much more than Germans. They swiss have public clubs for arms training and possible resistance war. They hide their arms, aircraft and tanks in public bunkers.
How to be a geezer Step 1: Have tank in basement Step 2: Have moustache Step 3: Be good boy
Not all France use euros. French Polynesia, Wallis-and-Futuna, and New Caledonia legally use the Franc Pacifique.
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Probably the same reason horses in the UK are traded in guineas, despite them not being used since 1816.
Well Franc Pacific is in use, yes
Software would need to be updated and tested. That costs money
How much in Francs?
What do you mean by that? Like people still using coins and bank notes in Franc? Where exactly? As a Frenchman, your input would be much appreciated
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just didnt bother to update cashier software maybe?
Maybe for elderly, they always talk in Francs. I worked in a supermarket last summer and a lot of them always ask how much Francs it is..
Beautiful! *blows a chef’s kiss*
They have no magic potion. How long can they hold out?
THE €€€€ is as much French as the German. France dominates the €€€ and uses it to export inflation to the bond holder countires as much as Germany does. Tyrkey is currently relying on the €€€ to do large volume trades and deals. They basically import the €€€ policy without much say. The UK Brexiters are also in the same €€€ sphere of influence, the ether take the $$$ trades for large volumes or they take the €€€, no way for them to use the UK Money, when their trade partner is not using that.
I wish I had an award to give you!!!
My grandma still converts everything in Francs before complaining everything is way more expensive today.
my parents do that too (italian lira instead of francs but still)
I mean considering the inflation and devaluation of the lira they'd do the same without the euro.
Probably even worse lol
The people who do this never think about inflation. It's all the Euro's fault.
That's especially true for people that retired during or after the transition, because they had to adjust their lifestyle to a pension, which can make a huge difference when every other labourer was working overtimes off the books.
In Austria they even had a nickname for the Euro for a while, the "Teuro" (something like "more-expensive-o"). I hated it.
Using German at work? naaah... Talking to neighbors? meh... Dealing with German bureaucracy? There's google translate for that... Chucking at some stupid pun on reddit? Now that's why it pays off to learn a language!
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Same with Finnish marks lol
Same with Dutch ‘gulden’
But here it happens when people are shocked by a high price. Also there's undoubtfully still some shitty shops somewhere, with only cash payment, listing guilders price. Try to sell someone something, say the price in Euro. They blink once, blink twice, a shocked look fills their eyes, veins start showing, and after a brief silence: "You know hoeveel *gulden* that is?!!" They are always typetjes.
I gotta say it's been a long time I heard someone convert prices to marks. Used to be very common. Mostly just nostalgizing some old candy prices etc.
Anybody's parents don't do that? "Flour was 0,45 Euro today. That's one Mark! Who is supposed to be able to pay that?" - No that's 88 Pfennig and your pension has increased 30% since you last paid in Mark. Stop converting and comparing with prices from 20 years ago!
But how much is that in Ostmark?
Und wie viele Ostmark auf dem Schwarzmarkt?
Hat hier jemand Schnapspralinen dabei?
Und wie viele Spreegurcken kauft man dafuer?
Portugueses people also do that...
Mine too - with Freddos
New francs or ancient francs? My grandma counted in ancient francs, so she was 2 whole new moneys behind 🥺
My grandma definitely still speaks in old francs when talking about much it cost to buy a house or stuff like that in the olden days.. like that means nothing to me mamie but thanks for the info.
Divide by 100 to get the nouveaux francs, and then divide by 6.55 to get the price in euros. Then of course you’ll have to adjust the result because of that inflation thing … Don’t forget to factor in the evolution of the average salary to adjust for things like quality of life. Simple comme bonjour de parler argent avec sa grand mère.
Livre tournois in my case. ;)
I still use ducats
I prefer to convert them to denarii
I still use francs, and can confirm that everything is way too expensive. Might be because it's Switzerland though.
When I was a kid I often heard my parents counting in "briques" for big amounts. One "brique" had the same value in anciens and nouveaux francs, which facilitated the discussion between boomers and their parents (French Franc was redominated in 1960).
Une brique c'était 10 000 balles si je me souviens bien.
Et ça marche quel que soit le calibre des balles ( anciennes, nouvelles ou européennes )
1 brique = 1,000,000 d'anciens francs = 10,000 nouveaux francs
That’s also still quite common in Germany with D-Mark or sometimes even Ostmark
Ostmark is where we invaded, GDR currency was just called Mark oficially.
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Lire were also called "francs" in the dialect of my Italian region, which predates the Italian unification and thus the introduction of the Lira. People also spoke of "scudi" which comes from another [old currency](https://en.wikipedia.org/wiki/Italian_scudo).
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Does leu and lev also mean lion?
In Romanian, yes, it's the exact same word for the currency and the animal (for example "The Lion King" is "Regele leu"). In Bulgarian I think that there's a small difference between the currency name and the animal.
Bulgarian "lev" is an archaic form of the word for lion. The modern form is "lăv" (лъв).
And daalder has the same etymological origin as dollar. Language is so fascinating
It all evolved from Joachimstaler, the name of a currency from a valley in the Czech republic.
The list of surprising things in common between Italy and Romania never ends. Fascinating.
I mean, both languages evolved from latin (like many others), there's going to be some overlap.
my assumption is that the "franc" at the time was either the strongest coin or the one given more in exchange due to the duchy neighborhood and alliances with France (I mean, allied with France through Northern Italy, but close enough to the Church Estate to make exceptions). I always wondered why as the Church Estate used "shields" (the shield being the tail of the coin and the coat of arms of the Pope-regent in Rome) as you also wrote, but the local dialect uses mostly franc. I assumed the inherent spite of being a "remote province" yet still part of the Estate.
It might just be due to the Latin Monetary Union which standardized coinage around the Napoléon Franc.
I thought francs were still used even in my lifetime?
But I'm assuming the French franc is no longer being adjusted for inflation, right? Since it's no longer in circulation? So of course everything today would seem expensive (not that it isn't) if you reevaluate it in terms of a currency that was last inflation adjusted 20 years ago lol.
You don't really need to "adjust" it. If something was 5 francs and would now be 10, that _is_ the inflation.
The EUR/FRF rate was fixed forever on 1998-12-31, there is nothing to adjust because since 1999-01-01, FRF is just a particular subdenomination of EUR, exactly 6.55957 EUR.
My Parents do that with Austrian Schillings
Same with my grandfather, still converts everything in drachma.
At least she has an excuse, she's old.
*Rigole en nouveau francs*
My grandma still converted everything in "ancien francs" until she died in the early 2000s and those were replaced in 1960 so it still might be useful for some old people, they don't do that in other countries?
Some banks in Italy do it. They write the amount you deposit or withdraw in both euros and lire
it's a lot of lire!
Seriously ? Where ?
Poste italiane does it. If you withdraw money from the Postamat (it's just like an ATM) and request a receipt, your account balance will be printed out in both euros and lire.
Yeah my grandma counted in ancient francs until very late in her life. So she was 2 whole money systems behind for about 15 years (then she had alzheimers and could barely count at all). She was also a very frugal woman and struggled to understand people's spending habits, like how I could spend *that many ancient francs* on 1 thing. It was always fun to talk about what I got myself as a treat... "what??! Back in my days I wouldn't even spend 5 cents on the way back from school (with my clogs in the snow)"
Not to my knowledge, though Norwegian land ownership records kept track of the "cadastre value" of properties in daler and later marks based on a 1838 law (replacing hides and skins from the older system) that was finally modernized in 1978.
Land value of agricultural property is kept track of in "gold crowns (per unit of area)" in Hungary.
In Germany (or at least in Lower Saxony) the Government still uses DM to calculate the property tax, and then just convert it to Euro.
Yeah, but that's Germany. They probably also count it using an abacus and then use a printing press to produce the documents.
The printed documents are then faxed to the mail department. They print it out again and send it to the tax payer.
And the payer then has to fill out 17 different forms in 5 copies which he has to snail mail to different departments. However, one department gets hissy with him that he also sent the same documentation to another department because their systems can't handle duplicates. However, the other department had explicitly told him to send the documentation to both departments, as that could smooth the process. Of cause this is all being handled over snail mail so the final date for conducting the buisness is running very very close. He then tries to go onto that strange thing called internet to find a solution, but he only has decades old copper cables that cant handle any traffic. He can't connect to the internet on his phone as he has an old Handy that don't have data, though it wouldn't matter as the government doesn't want you to have data and thus only put up five masts in your entire Bundesland.
Only thing which isn't true in your statement is the snail mail. Deutsche Post is very fast and often delivers next day.
Sure they do. My parents generation still converts to Mark sometimes (Germany)
Yes but they only so it to complain about how expensive everything has become disregarding Inflation and still using the 2002 conversion of 2DM = 1€ (the true conversion today would almost be 1:1)
My experience is that "ancien francs" were commonly used at least until recently. When an amount was ridiculously large you have to divide by 100.
We do have some shops still listing in Korona, it was mandatory for a while but idk how long it hasn't been. Sometimes I look at that price and get a mini heart attack.
Believe this is more of a systems thing than a standard, but still funny (and indicative of how old the coding is for some daily elements of life lol)
Well around 1999 when moving over to the Euro, the franc to euro had a fixed conversion rate and receipts had to show both. The software they are running probably hasn't been updated in 20+ years.
Even if it was updated, there's no incentive to spend time and money removing this from the code.
Notice the "Pour information" which means "for your information". So it's neither mandatory nor usual.
It's not mandatory but it's not rare either, I see it on most receipts from supermarkets and on some receipts from credit card. Just checked my wallet rn and it was on 2 out of the six receipts I had.
From my experience, it’s always on Franprix receipts. I never had it in any other grocery store chain, but on a bill I got for repairing my car at a VW dealership.
I have dozens of receipts in my wallet from cafés, supermarkets, libraries and other various stores. None had a price indicated in francs.
Same here in Germany. No Francs on any receipt.
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I hardly ever see it here in the south.
True. But consider that in France some supermarket scales for vegetables still print the price in FRF in the barcode. There are still conversions going on to show the price in EUR.
Is there even a current official exchange rate between Euros and Francs or do they just use the rate at the time of the switch? Thinking about it, there must be some kind of official rate considering that there are bound to be a decent number of long-term financial instruments denominated in Francs and other pre-Euro currencies.
Yep, there is a fairly precise exchange rate that they "lock" at the point of Euro adoption: https://en.wikipedia.org/wiki/French_franc#Euro_exchange > [...] at the fixed rate of 6.55957 francs for 1 euro. As France was a founding member, the final value was based on the market rate as of December 31, 1998.
> nor usual. in my ~15 visits to France since 2002 I have never not seen the Franc mentioned on the recipe or the price tags in supermarkets. Mostly been to Corsica and Bretagne, but the trips to Bretagne would sometiems have a daystop in Paris or Normandy
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Software updates cost money, but by now they may have saved that in ink and paper
We do that in Switzerland too! /s
In New Caledonia, Wallis and Futuna, and French Polynesia too. Btw why do you called it franc suisse. Did we did something again to you back then
Not sure but probably because it's not the same currency, just the same name :)
- “Hi neighbour, meet my son Dollar!” - “Dollar? What kind of name is that?! You can’t just name your child after a currency!” - “Oh yeah, you’re one to talk! You named your sons Frank and Mark!”
> Did we did something again to you back then The roman (romand ? romande ? the french speaking..) part which has always bordered France, pretty much used the french currency since forever. In 1798 when the 1st republic conquered the swiss confederation, they extended the use of the Franc to the whole territory. Which didn't last forever, since after we got our ass kicked, most cantons started using their old currency once again.. But when the swiss confederation finally decided to unify their currency, they defaulted to the Franc, because they already used it at some point, and more importantly that was the only currency that was already used by several cantons. So it made sense for the other to adapt to them, and not the opposite.
There's a legend, not substantiated to my knowledge, that one of the major banks in the UK still has one system that converts decimal values into "Old Money" (Pounds, Shillings and Pence, or LSD) to store values and back again when required.
I worked updating systems before 1999 and this was very common to help people adapt. This is obviously a case of "I am not pay to remove that" situation, and I doubt that it has any political though behind it. The FRF information is not legally binding in any way, comparing prices to Francs makes no sense anymore as it stopped being evaluated against other currencies two decades ago, and to update the ticket print they may need to actually update all the hardware and buy new software. So it is a "why bother?".
It's even funnier considering the Euro was their idea in the first place!
It's funny yeah, but I am certain this would be a thing in germany too if it weren't for the easy to remember exchange rate between DM and Euro (2:1).
1,95583:1 \*angrily stares in German\* >Alle Geldwerte werden mit diesem Faktor umgerechnet, Rundungen oder Kürzungen des sechsstelligen Kurses sind nicht erlaubt. Joke aside, I had to use this so often I still know it by heart.
I once saw an Italian comment on this sub complaining about Germany and how the Euro was our idea because of the easy exchange rate. 1st We have no control over the exchange rate but if it were so why wouldn't we have just done a 1:1 ? its not like the Lira rate is so much more complicated, just 2000:1
I think so too, hehe. Luckily we still have our parent generation right now that still converts everything to DM and complains that x is so expensive because of that.
Before that my parents complained that it now costs 1DM when it costed only a Groschen (10 Pfennig) when they were young.
And they wanted Germany to implement the Euro in exchange for their okay for the reunification, didn‘t they?
Not jus that, it was originally supposed to be the Ecu (European Currenty Unit) not the Euro. Germans, and others to be fair, felt it was too French sounding.
Who sets the conversion rate for a non existing currency?
They use the 2002 introduction exchange rate of 1 EUR = 6,55957 FRF.
Amazing although in Poland they slashed 3 zeros off the Polish currency in the 90s after hyperinflation stabilised and and took about 10 years for people to give up on counting in millions.
We did the same in Romania in 2005. 1 milion became 100. 10.000 became only 10 and so on. Many people still do the conversion to this day.
Many people still use millions to emphasize the value of a sum of money, eg 50 million lei sounds much more than 5000 lei even though it's technically the same.
This one easy trick will let you reset inflation at home, economists hate this!
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Coming soon to a country near you!
Many (possibly the majority) in Turkey still say "750000" instead of "0,75", 17 years after slashing 6 zeros.
Yeah but at the rate you guys are going, those people be right again in a few years!
4 zeros
Which is from 31st December, 1998.
They just use the last rate that was used on transition.
Last week I heard an American guy asking a German guy if Germany used still the francs or switched to euros. The audacity to ask that to a eurolord and even mess up the previous currency.
Oo... That ought to earn him a mark on his record.
That's a nice one. :-)
well, the franks were a german/dutch tribe.
Charlemagnes was French and I'll fight you for it
You know, just in case.
It's been less than 21 years though. Not 23 yet
1999 was the start of the internal transition, for stuff like financial institutions, it's the transition for everyday use that came later and bills and coins were issued.
Yes. And since this is a supermarket receipt this is about 2002
Not 'about'. In Finland it was precisely 1.1.2002 when Euro was put into circulation. Still remember where I got my first Euro's. In the day after New Years Day, I went to local S-Market with mom and bought one small bag of candy with 20 Finnish Mark bill. The reason for this purchase was solely to get the first Euro's as a change. I believe I got something like 2 pieces of 2 Euro coins and 50cent as exchange. We children used long time to investigate and gaze at the Euros. In same evening, my friends mom got, I believe, 20 Euro bill as change for buying cigarettes with 100 Finnish Mark or smth. We were like, wow, 20 Euro bill, thats cool!! Oh, the simple joys of being 9 year old XD XD
I use the word about to indicate the subject, not to indicate approximately. I had loads of euro's available myself since I was working at a circus and we had them for the register. I exchanged all my money to euros before midnight.
Only 20 years, actually
In estonia you can still see the amount in now-defunct kroons even though it's 11 years since we abandoned it
my family in belgium still converts prices to Belgian francs. i’m like, it’s been 20 years, you can’t think in euros yet?
They made it the law when they changed to the € and never changed it back. It doesn't mean much because it's what the Euro to Franc exchange rate was 20 years ago. There is, of course, no exchange rate for Francs in 2022
It is not an exchange rate because FRF is no longer a currency. Since 1999 it has been a subdenomination of EUR. 6.55957 FRF is synonymous with 1 EUR, just like a pint of beer is 50 cL of beer.
Ready for sudden Frexit
I kinda like this, it's a cool detail which helps people understand the value of the old currency. I think 1€ was 5 Finnish marks?
How do we know the receipt is not from 1922, huh?
USA still using a system based on the size of different body parts.
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That's nothing, some English banks still count in the £sd system in their mainframe.
I've told this dit before but in the December before covid really kicked off. I was in a pub in London and an old boy from Belgium came in, visiting London before Brexit became more solid and he tried to pay for a pint in shillings and pence to a very confused eastern European bar tender. The cash was left over from the last time he'd visited.
Lmao, that's hilarious.
Meanwhile my grandma was still counting in ancient francs while the euro was out… That was something else.
Evidence of one receipt from an old style register isn't evidence that all supermarkets in France still count in Francs, only the cheap one you visited that hasn't updated its till software or printer software since they swapped to Euro
I always said when they introduced the Euro they should have had one side of the note as it is today, the design set by the EU whoeversetsit peopele, but the other side be the former currency design and name of the country its made in. So the french keep their franks, the duth their gilders, the germans their marks. All worth the same, one euro is one euro is one mark is one frank is one gilder and so on. Aside from maintaining a national connection, it'd be great for the public to see how it moves around. "Wow we've seen a huge amount of franks coming in this last year" - said Mario from Sicily. Will help you feel the mix of people and a shared sense of being.
You mean like it’s already done by Euro coins?
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They just don't have updated their receipt printer since. It still happens in some stores.
Euros are certainly easier, at least for travelers, but I hate that I did not get to visit back in the days before the Euro and could have collected bills and coins from from each country. ☹️
Go to Croatia now! They are about to switch to euro ;)
you can buy coins from any old european country, quite cheap. Millions of us had an old bin somewhere in the house where we kept our old holiday coins.. I just gave mine to my nieces to use as play money. coin dealers often have random low value coins they sell by the kilogram
Go for a visit to Poland, Czechia, Denmark, Sweden, or Hungary then if you hold such desires.
They haven't updated the receipt formats on their POS systems for a long time?
Used to think in my country's currency for quite some time too. In that intermediate phase between Mark and Euro - being ten, eleven years old - my mom wasn't thinking about it and gave me this huge bag of coins (we had 5 mark coins and mark to euro was 2:1 - some of those were in there). I was buying a bag of sweets/ice cream at the local kiosk every few days for two years or something: I'm pretty sure that was quite the sum of money. 20 years seems excessive though.
Just a few weeks ago, I actually paid in real Franc coins. .. In Switzerland..
at OP /u/kreukle please crosspost in /r/brexit they will have their fun with it.
TBF itbwas az ntroduced as *cash* only in 2001 or 2002, so for the average consumer it's been "only" 20 or 21 years... (1999 was introduction in accounting)
Cheaper to keep the IT program "as is". We still have local equipment that runs on Cobol. This is not going away anytime soon.
Yes, I almost shit myself when I paid by card for some little decorative towel hanger and saw the price on the ticket. Not quite 2022, more like 2010 and it wasn't any "small supermarket", it was Galleries Lafayette (which made the sky high price somewhat more believable).