1 LUF to BEF Belgian Franc

1 LUF to BEF Belgian Franc
Luxembourg Franc , The Luxembourg franc (F or ISO LUF, Luxembourgish: Frang), subdivided into 100 centimes, was the currency of Luxembourg between 1854 and 200 … >>> Find out more from wikipedia. category >>> LUF

1 Luxembourg Franc ( LUF ) = 1 Belgian Franc (BEF)

1 LUF = 1 BEF

1 BEF = 1 LUF

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1 Luxembourg Franc ( LUF ) Is equal to 1 Belgian Franc (BEF)
Luxembourg Franc
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Luxembourg Franc

Luxembourg Franc , The Luxembourg franc (F or ISO LUF, Luxembourgish: Frang), subdivided into 100 centimes, was the currency of Luxembourg between 1854 and 2002, except from 1941 to 44. From 1944 to 2002, its value was equal to that of the Belgian franc. The franc remained in circulation until 2002, when it was replaced by the euro. From 1999 to 2002, the franc was officially a subdivision of the euro (€1 = 40.3399F), but the euro did not circulate in physical form before 1 January 2002. Under the principle of "no obligation and no prohibition", financial transactions could be conducted in euros and francs, but physical payments could be made only in francs, as euro notes and coins were not available yet. The conquest of most of western Europe by Revolutionary and Napoleonic France led to the French franc's wide circulation, including in Luxembourg. However, incorporation into the Netherlands in 1815 resulted in the Dutch guilder becoming Luxembourg's currency. Following Belgium's independence from the Netherlands, the Belgian franc was adopted in 1839 and circulated in Luxembourg until 1842 and again from 1848. Between 1842 and 1848, Luxembourg (as part of the German Zollverein) used the Prussian Thaler. Find out more from wikipedia

Belgian Franc

The Belgian franc (Dutch: Belgische frank, French: Franc belge, German: Belgischer Franken) was the currency of the Kingdom of Belgium from 1832 until 2002 when the Euro was introduced. It was subdivided into 100 subunits, known as centiem (Dutch), centimes (French) or Centime (German). The conquest of most of western Europe by revolutionary and Napoleonic France led to the French franc's wide circulation. In the Austrian Netherlands (the current Belgium), the franc replaced the kronenthaler. This was in turn replaced by the Dutch guilder when the United Kingdom of the Netherlands was formed. Following independence from the Kingdom of the Netherlands, the new Kingdom of Belgium in 1832 adopted its own franc, equivalent to the French franc, followed by Luxembourg in 1848 and Switzerland in 1850. Belgian mint working during the late 19th century was innovative and Belgium was the first country to introduce coins made of cupronickel, in 1860 . In 1865, Belgium, France, Switzerland and Italy created the Latin Monetary Union (to be joined by Greece in 1868): each would possess a national currency unit (franc, lira, drachma) worth 4.5 g of silver or 290.322 mg of fine gold, all freely exchangeable at a rate of 1:1. In the 1870s the gold value was made the fixed standard, a situation which was to continue until 1914. In 1926, Belgium, as well as France, experienced depreciation and an abrupt collapse of confidence, leading to the introduction of a new gold currency for international transactions, the Belga worth 5 francs, and the country's withdrawal from the monetary union, which ceased to exist at the end of the year. The Belga was tied to the British pound at a rate of 35 belgas (175 francs) = 1 pound and was thus put on a gold standard of 1 Belga = 209.211 mg fine gold. The 1921 monetary union of Belgium and Luxembourg survived, however, forming the basis for full economic union in 1932. In 1935, the Belgian franc was devalued by 28% to 150.632 mg fine gold and the link between the Luxembourg and Belgian francs was revised to 1 Luxembourgish franc = 1+1⁄4 Belgian francs. Following Belgium's occupation by Germany in May 1940, the franc was fixed at a value of 0.1 Reichsmark, reduced to 0.08 Reichsmark in July 1940. Following liberation in 1944, the franc entered into the Bretton Woods system, with an initial exchange rate of 43.77 francs = US dollar set on 5 October. This was changed to 43.8275 in 1946 and then to 50 following the devaluation of the British pound in September 1949. The Belgian franc was devaluated again in 1982. Like 10 other European currencies, the Belgian/Luxembourgish franc ceased to exist on 1 January 1999, when it became fixed at 1 EUR= 40.3399 BEF/LUF, thus a franc was worth €0.024789. Old franc coins and notes lost their legal tender status on 28 February 2002. Between 1832 and 1834, copper 1, 2, 5 and 10 centime, silver 1⁄4, 1⁄2, 1, 2 and 5 franc, and gold 20 and 40 franc coins were introduced. Some of the early 1 and 2 centimes were struck over Dutch 1⁄2 and 1 cent coins. The 40 franc was not issued after 1841, whilst silver 2+1⁄2 francs and gold 10 and 25 francs were issued between 1848 and 1850. Silver 20 centimes replaced the 1⁄4 franc in 1852. In 1860, cupro-nickel 20 centimes were introduced, followed by cupro-nickel 5 and 10 centimes in 1861. The silver 5 franc was discontinued in 1876. Between 1901 and 1908, holed, cupro-nickel 5, 10 and 25 centime coins were introduced.[citation needed] In 1914, production of the 1 centime and all silver and gold coins ceased. Zinc 5, 10 and 25 centimes were introduced in the German occupied zone, followed by holed, zinc 50 centimes in 1918. Production of 2 centimes ended in 1919. In 1922 and 1923, nickel 50 centime and 1 and 2 franc coins were introduced bearing the text "Good For" ("Bon pour" in French, "Goed Voor" in Dutch). These featured the god Mercury. Nickel-brass replaced cupro-nickel in the 5 and 10 centimes in 1930, followed by the 25 centime in 1938. Nickel 5 and 20 francs were introduced in 1930 and 1931, respectively, followed by silver 20 francs in 1933 and 50 francs in 1939. In 1938 the 5 franc was reduced in size and redesigned along with the 1 franc to depict a lion and heraldic arms. As a consequence of the German occupation in 1940, the silver coinage was discontinued. In 1941, zinc replaced all other metals in the 5, 10 and 25 centimes, and 1 and 5 francs. In 1944 the Allies minted 25 million 2 franc coins at the Philadelphia Mint using leftover planchets for the 1943 steel cent. In 1948, cupro-nickel 5 francs and silver 50 and 100 francs were produced, followed by silver 20 francs in 1949 and cupro-nickel 1 franc in 1950. These coins depicted classical allegoric figures. Bronze 20 and 50 centimes featuring a miner and lantern were minted in 1952. Despite the widely varied dates these coins were issued into circulation only a few years apart as part of a broader currency reform. The silver coinage ceased production after 1955. Cupro-nickel 25 centime coins replaced the 20 centime in 1964. The 25 centime coins were later discontinued in 1975. Nickel 10 francs depicting King Baudouin were introduced in 1969 (only struck until 1979), followed by nickel-bronze 20 francs in 1980 and nickel 50 francs in 1987, all of which - bar the 10 Franc coin - replaced the corresponding banknotes. Aluminium-bronze replaced cupro-nickel in the 5 franc in 1986, whilst nickel-plated iron replaced cupro-nickel in the 1 franc in 1988, which was also significantly reduced in size. These changes coincided with a gradual modernization of the general coinage while older issues were gradually pulled from circulation, similar to what took place during the early postwar years. The new designs were also more identifiable to vending machines and the visually impaired. 1994 saw a redesign of all denominations but the 50 centimes, with a uniform design featuring King Albert II replacing the image of Baudouin. This series ceased production after 2000.
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5 LUF	=	5 BEF
10 LUF	=	10 BEF
15 LUF	=	15 BEF
20 LUF	=	20 BEF
25 LUF	=	25 BEF
30 LUF	=	30 BEF
35 LUF	=	35 BEF
40 LUF	=	40 BEF
45 LUF	=	45 BEF
50 LUF	=	50 BEF
55 LUF	=	55 BEF
60 LUF	=	60 BEF
65 LUF	=	65 BEF
70 LUF	=	70 BEF
75 LUF	=	75 BEF
80 LUF	=	80 BEF
85 LUF	=	85 BEF
90 LUF	=	90 BEF
95 LUF	=	95 BEF
100 LUF	=	100 BEF
105 LUF	=	105 BEF
110 LUF	=	110 BEF
115 LUF	=	115 BEF
120 LUF	=	120 BEF
125 LUF	=	125 BEF
130 LUF	=	130 BEF
135 LUF	=	135 BEF
140 LUF	=	140 BEF
145 LUF	=	145 BEF
150 LUF	=	150 BEF
155 LUF	=	155 BEF
160 LUF	=	160 BEF
165 LUF	=	165 BEF
170 LUF	=	170 BEF
175 LUF	=	175 BEF
180 LUF	=	180 BEF
185 LUF	=	185 BEF
190 LUF	=	190 BEF
195 LUF	=	195 BEF
200 LUF	=	200 BEF
205 LUF	=	205 BEF
210 LUF	=	210 BEF
215 LUF	=	215 BEF
220 LUF	=	220 BEF
225 LUF	=	225 BEF
230 LUF	=	230 BEF
235 LUF	=	235 BEF
240 LUF	=	240 BEF
245 LUF	=	245 BEF
250 LUF	=	250 BEF
255 LUF	=	255 BEF
260 LUF	=	260 BEF
265 LUF	=	265 BEF
270 LUF	=	270 BEF
275 LUF	=	275 BEF
280 LUF	=	280 BEF
285 LUF	=	285 BEF
290 LUF	=	290 BEF
295 LUF	=	295 BEF
300 LUF	=	300 BEF
305 LUF	=	305 BEF
310 LUF	=	310 BEF
315 LUF	=	315 BEF
320 LUF	=	320 BEF
325 LUF	=	325 BEF
330 LUF	=	330 BEF
335 LUF	=	335 BEF
340 LUF	=	340 BEF
345 LUF	=	345 BEF
350 LUF	=	350 BEF
355 LUF	=	355 BEF
360 LUF	=	360 BEF
365 LUF	=	365 BEF
370 LUF	=	370 BEF
375 LUF	=	375 BEF
380 LUF	=	380 BEF
385 LUF	=	385 BEF
390 LUF	=	390 BEF
395 LUF	=	395 BEF
400 LUF	=	400 BEF
405 LUF	=	405 BEF
410 LUF	=	410 BEF
415 LUF	=	415 BEF
420 LUF	=	420 BEF
425 LUF	=	425 BEF
430 LUF	=	430 BEF
435 LUF	=	435 BEF
440 LUF	=	440 BEF
445 LUF	=	445 BEF
450 LUF	=	450 BEF
455 LUF	=	455 BEF
460 LUF	=	460 BEF
465 LUF	=	465 BEF
470 LUF	=	470 BEF
475 LUF	=	475 BEF
480 LUF	=	480 BEF
485 LUF	=	485 BEF
490 LUF	=	490 BEF
495 LUF	=	495 BEF
500 LUF	=	500 BEF


5 BEF	=	5 LUF
10 BEF	=	10 LUF
15 BEF	=	15 LUF
20 BEF	=	20 LUF
25 BEF	=	25 LUF
30 BEF	=	30 LUF
35 BEF	=	35 LUF
40 BEF	=	40 LUF
45 BEF	=	45 LUF
50 BEF	=	50 LUF
55 BEF	=	55 LUF
60 BEF	=	60 LUF
65 BEF	=	65 LUF
70 BEF	=	70 LUF
75 BEF	=	75 LUF
80 BEF	=	80 LUF
85 BEF	=	85 LUF
90 BEF	=	90 LUF
95 BEF	=	95 LUF
100 BEF	=	100 LUF
105 BEF	=	105 LUF
110 BEF	=	110 LUF
115 BEF	=	115 LUF
120 BEF	=	120 LUF
125 BEF	=	125 LUF
130 BEF	=	130 LUF
135 BEF	=	135 LUF
140 BEF	=	140 LUF
145 BEF	=	145 LUF
150 BEF	=	150 LUF
155 BEF	=	155 LUF
160 BEF	=	160 LUF
165 BEF	=	165 LUF
170 BEF	=	170 LUF
175 BEF	=	175 LUF
180 BEF	=	180 LUF
185 BEF	=	185 LUF
190 BEF	=	190 LUF
195 BEF	=	195 LUF
200 BEF	=	200 LUF
205 BEF	=	205 LUF
210 BEF	=	210 LUF
215 BEF	=	215 LUF
220 BEF	=	220 LUF
225 BEF	=	225 LUF
230 BEF	=	230 LUF
235 BEF	=	235 LUF
240 BEF	=	240 LUF
245 BEF	=	245 LUF
250 BEF	=	250 LUF
255 BEF	=	255 LUF
260 BEF	=	260 LUF
265 BEF	=	265 LUF
270 BEF	=	270 LUF
275 BEF	=	275 LUF
280 BEF	=	280 LUF
285 BEF	=	285 LUF
290 BEF	=	290 LUF
295 BEF	=	295 LUF
300 BEF	=	300 LUF
305 BEF	=	305 LUF
310 BEF	=	310 LUF
315 BEF	=	315 LUF
320 BEF	=	320 LUF
325 BEF	=	325 LUF
330 BEF	=	330 LUF
335 BEF	=	335 LUF
340 BEF	=	340 LUF
345 BEF	=	345 LUF
350 BEF	=	350 LUF
355 BEF	=	355 LUF
360 BEF	=	360 LUF
365 BEF	=	365 LUF
370 BEF	=	370 LUF
375 BEF	=	375 LUF
380 BEF	=	380 LUF
385 BEF	=	385 LUF
390 BEF	=	390 LUF
395 BEF	=	395 LUF
400 BEF	=	400 LUF
405 BEF	=	405 LUF
410 BEF	=	410 LUF
415 BEF	=	415 LUF
420 BEF	=	420 LUF
425 BEF	=	425 LUF
430 BEF	=	430 LUF
435 BEF	=	435 LUF
440 BEF	=	440 LUF
445 BEF	=	445 LUF
450 BEF	=	450 LUF
455 BEF	=	455 LUF
460 BEF	=	460 LUF
465 BEF	=	465 LUF
470 BEF	=	470 LUF
475 BEF	=	475 LUF
480 BEF	=	480 LUF
485 BEF	=	485 LUF
490 BEF	=	490 LUF
495 BEF	=	495 LUF
500 BEF	=	500 LUF

1 LUF to BEF Belgian Franc