MCQ Detailed View

The official currency of France is the Euro (€). France adopted the Euro in 1999 for electronic transactions and began using Euro banknotes and coins in 2002. The Euro replaced the French Franc, which had been the country currency for many decades.

France is one of the founding members of the European Union and also part of the Eurozone – a group of EU countries that use the Euro as their official currency. The Euro is one of the most widely used and traded currencies in the world and plays a major role in international finance and economics.

As a member of the Eurozone, France benefits from economic integration, stable exchange rates within member countries, and easier trade and travel across borders using a single currency. The Euro is issued and managed by the European Central Bank (ECB).

Key Points:

• Official Currency: Euro (€)


• Adopted Electronically: 1999


• Physical Notes & Coins Introduced: 2002


• Previous Currency: French Franc (FRF)


• Currency Authority: European Central Bank (ECB)