Katanga Franc

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Katanga Franc
Country: Katanga
Subdivision: 100 centimes
ISO 4217 code : -
Abbreviation: KATF
Exchange rate :
(fixed)

1 KATF = 1 Congo Franc

Front and back of the coins of 5 francs and 1 franc

The Katanga franc was from 1960 to 1963, the currency of the Congo (Kinshasa) breakaway province of Katanga .

The Katanga Franc was initially equal to both the Congo Franc and the Belgian Franc . Immediately after independence was declared unilaterally, a provisional series of banknotes of 5, 10, 20 and 50 francs was imprinted from the Rwanda-Burundi franc of the Belgian UN trust area Rwanda-Urundi . At the end of 1960 a series of banknotes for 10, 20, 50, 100, 500 and 1000 francs with a uniform motif (portrait of Moïse Tschombé ) was issued. There were also coins of 1 and 5 francs with the Katanga cross on the value side.

Due to the increase in inflation from the end of 1961, the high values ​​in particular became scarce, so that the Banque Nationale du Katanga issued a new series of banknotes from February to May 1962 with notes of 500, 1000 and 5000 francs. This second series shows different scenes from agriculture and handicraft.

In 1961 a gold 5 franc bullion coin was minted.

After the end of the secession, the Congo franc was used again.

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