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Congo Democratic Republic - P-New - Foreign Paper Money

Inv# FM2431   Foreign Paper Money
Congo Democratic Republic - P-New - Foreign Paper Money
Country: Congo Democratic Republic
Years: 30.06.13

50 to 1,000 Francs, P-New. Set of 5 different and very colorful notes!

The Congolese franc is the currency of the Democratic Republic of the Congo. It is subdivided into 100 centimes.

Currency denominated in centimes and francs (Dutch: Congolese frank) was first introduced in 1887 for use in the Congo Free State (1885-1908). After the Free State's annexation by Belgium, the currency continued in the Belgian Congo. The francs were equal in value to the Belgian franc. From 1916, the Congolese franc also circulated in Ruanda-Urundi (present day Rwanda and Burundi) and, from 1952, the currency was issued jointly in the names of the Belgian Congo and Ruanda-Urundi. After the independence of the Democratic Republic of the Congo in 1960, Ruanda-Urundi adopted its own franc, whilst, between 1960 and 1963, Katanga also issued a franc of its own.

The franc remained Congo's currency after independence until 1967, when the zaïre was introduced, at a rate of 1 zaïre = 1,000 francs.

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Condition: C.U.
Item ordered may not be exact piece shown. All original and authentic.
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