Tuesday, February 3, 2015

What is the former cunnency of Luxembourg?

What is the former cunnency of Luxembourg?
Luxembourg is an independent nation that is part of the Belux union. This union is a mini economic union that amongst other things provides that Belgium and Luxembourg would share the same currency. Hence the former currency of Luxembourg is the Luxembourg Franc (LUF) which was at parity with the Belgian Franc (BEF) until the Euro (EUR) was introduced.

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