Franc Poincaré

The Franc Poincaré is a unit of account that was used in the international regulation of liability. It is defined as 65.5 milligrams of gold of millesimal fineness .900. Formerly it was identical to the French franc, although it has not been so since the 1920s.

Practice on its conversion to national currencies varies from state to state; in most states the conversion factor is based not on the market price of gold, but on an official price (a remnant of the gold standard, frequently far below its market price today). The Franc Poincaré has been replaced for most purposes by special drawing rights.

Conventions which used the Franc Poincaré included the Convention for the Unification of Certain Rules Relating to International Carriage by Air, the International Convention on Civil Liability for Oil Pollution Damage and the International Convention on the Establishment of an International Fund for Compensation for Oil Pollution Damage.

Currencies named franc or similar

Circulating	Burundian franc CFA franc Central African CFA franc West African CFA franc CFP franc New Caledonian franc French Polynesian franc Comorian franc (فرنك) Congolese franc Djiboutian franc (فرنك) Guinean franc Liechtenstein frank Rwandan franc (frank) Swiss franc (Franken, franco)

Obsolete	Aargau frank Albanian Franga Algerian franc Appenzell frank Basel frank Belgian franc (frank) Berne frank Cambodian franc Dominican franco French franc French Camerounian franc French Equatorial African franc French Guianan franc French West African franc Fribourg Frank Geneva franc Glarus frank Graubünden frank Guadeloupe franc Katangese franc Korçë frange Luccan franco Luxembourgish franc (Frang, Frank) Luzern frank Malagasy franc Malian franc Martinique franc Monegasque franc Moroccan franc (فرنك) New Hebrides franc Réunion franc Ruanda-Urundi franc Saar franc (Franken) St. Gallen frank Saint Pierre and Miquelon franc Schaffhausen frank Schwyz frank Solothurn frank Thurgau frank Ticino franco Togolese franc Tunisian franc (فرنك) Unterwalden frank Uri frank US occupation franc (unofficial) Vaud franc Vlorë frank Westphalian frank Zürich frank

Private	UIC franc

See also	Gold franc Franc Poincaré Ural franc

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