Information on currency : Luxembourgish franc

Page last updated on December 9, 2023

Currency code (ISO 4217):

LUF

Numeric code:

442

Currency symbol:

Subunit (quantity):

Centime (100)

Country or territory:

Luxembourg (LU)

Status:

No longer in use

Replaced by

Euro (EUR)

Exchange rate mechanism:

Monetary authority:

(created: )

The Luxembourgish Franc was the official currency of Luxembourg before the country adopted the Euro. It was in use from 1854 to 2002.

The Luxembourgish Franc was introduced in 1854 as the currency of the Grand Duchy of Luxembourg. It was replaced by the Euro on January 1, 2002, when Luxembourg, along with several other European countries, adopted the common currency.

Subunits

The Luxembourgish Franc was divided into 100 centimes.

Coins and Banknotes

The Luxembourgish Franc had various denominations of coins and banknotes. Coins were issued in centimes and Francs, while banknotes were issued in various denominations.

Euro Adoption

Luxembourg adopted the Euro on January 1, 2002. From this date, the Luxembourgish Franc ceased to be legal tender, and all transactions switched to the Euro.

Since the adoption of the Euro, the Luxembourgish Franc is no longer in circulation, and any remaining banknotes and coins are considered collector's items. The Euro is now the official currency used in Luxembourg.

Exchange Rate

The exchange rate at which the Luxembourgish Franc was replaced by the Euro was fixed at 1 Euro = 40.3399 Luxembourg Francs.