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The franc (ISO 4217: MCF) was the official currency of the Principality of Monaco until 2002 (de...

The franc (ISO 4217: MCF) was the official currency of the Principality of Monaco until 2002 (de facto, 1999 de jure), when it changed to the euro. The franc was subdivided into 100 centimes or 10 decimes. The Monégasque franc circulated alongside the French franc with the same value. Like the French franc, the Monégasque franc was revalued in 1960 at a rate of 100 old francs = 1 new franc. The official euro-to-franc exchange rate was MCF 6.55957 to EUR 1. Today, Monégasque coins have only numismatic value, including the fleurs de coins, or proof-like coins. The period for exchange of the coins for euros has expired. The Monegasque franc was legal tender in Monaco, France and Andorra. Monaco's first decimal coins were issued in 1837 and 1838, in denominations of 5 centimes, 1 decime and 5 francs. The 5 centimes and 1 decime were minted in both copper and brass and were the same size as the earlier French coins (France was not minting these denominations at the time) whilst the 5 francs matched the French coin. No further issues were made until 1882, from when gold 100 francs coins were issued until 1904. Between 1924 and 1926, aluminium-bronze 50 centimes, 1 and 2 francs were