Luxembourg Currency

Luxembourg > Economy

Currency: Luxembourg franc (LUF); euro (EUR)

note: on 1 January 1999, the EU introduced the euro as a common currency that is now being used by financial institutions in Luxembourg at a fixed rate of 40.3399 Luxembourg francs per euro and will replace the local currency for all transactions in 2002

See Also

Definition: This entry identifies the national medium of exchange and its basic subunit.

Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of April 17, 2001

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