cashbackforexprofitcalculator.com">forexcashbackprofitcalculator cashbackforexpipcalculator (BelgianFranc, original symbol: Bi., B.Fr., B.Fc., st cashback forex profit calculatorard symbol: BEF A brief history of Belgian currency The unit of currency in cashback forex is the Belgian franc, the local Chinese are used to call the Belgian franc Belgian franc issued by the National Bank of Belgium In the early 19th century, the use of banknotes in Belgium was not yet common 1835 Bank of Belgium The Bank of Belgium was established in 1835 to issue banknotes, but in circulation at that time, people mainly used coins, and the Bank of Belgium was not the only bank that issued banknotes. Thereafter, gold coins were gradually withdrawn from circulation and banknotes became more widely used. On September 21, 1949, the Belgian franc was devalued by 12.34% against gold, and the gold content was reduced to 0.0177734 grams, and the official exchange rate against the U.S. dollar was adjusted to 50 Belgian francs per dollar. Free foreign exchange market at the same time On November 1, 1960, Belgium, the Netherlands and Luxembourg signed the Benelux Economic Union Treaty came into force, the three countries currency exchange rate fluctuations are limited to 1.5% up and down On March 19, 1973, Belgium and France, the Netherlands, Luxembourg, Denmark, Ireland, the former Federal Republic of Germany, Norway and Sweden and other nine countries to form a joint exchange rate floating group, which provides Exchange rate fluctuations between each other shall not exceed 2.25% March 12, 1976, Belgium, the Netherlands and Luxembourg currency exchange rate volatility limit from the original 1.5% to 2.25% October 18, 1976, the Belgian franc together with the Luxembourg franc against gold devaluation of 1.96%, the official exchange rate to 1 U.S. dollar to 41.14 Belgian francs, October 16, 1978, Belgium, the The official exchange rate was adjusted to 41.945 Belgian francs per U.S. dollar. On March 13, 1979, the European Monetary System was formally established, with Belgium as a member state, and the volatility of the exchange rate between its currency and the currencies of other member states of the European Monetary System was limited to 2.25% up and down, and 6% up and down against the British pound and the Spanish peseta. Double exchange rate system for the central bank to issue currency and bonds requires a minimum of 33.3% of gold reserves Belgian franc: June 5, 1832 by the Belgian King Leopold I declared the official currency in circulation, based on the French franc system 1944, the Belgian franc can be directly exchanged with the British pound, and in 1946 there was a direct exchange rate with the U.S. dollar in 1979 The Belgian franc joined the European monetary system The Dutch florin: The first florin coin was born in 1252 in Florence, Italy, and its birth gave many European countries the idea of making their own currency In 1521, the florin became the official circulating currency of the Netherlands, and during the reign of Charles V, the florin was widely used within the Netherlands The Belgian franc coin value and conversion The Belgian franc is Decimal Paper money in denominations of 100, 200, 500, 1000, 2000, 5000 and 10000 francs Minted coins in denominations of 25, 50 cents, 1, 5, 10, 20, 50 and 500 francs minted 1 Belgian franc is equal to 100 cenlimes (Cenlimes) 1 euro = 40.3399 Belgian francs Belgian franc out of history　　Belgian franc circulation period Stop circulation period: 2002.02.28; commercial banks stop accepting deadlines: 2002.12.31; central bank stop accepting deadlines: bills indefinite, auxiliary coins 2004.12.31