Sentence examples for gold franc from inspiring English sources
In 2003 the bank changed its unit of account from the gold franc to the Special Drawing Right (SDR), which is the unit of account for many international organizations, including the International Monetary Fund (IMF).
Proponents are using the Swiss political process to put the creation of a gold franc in the Swiss Constitution.
The Swiss Parliament soon will hold hearings on creating a parallel, "gold franc". And, the central bank of Zimbabwe is considering replacing its worthless currency with a gold-backed Zimbabwe dollar.
When I asked why the decision to go with gold, Franc replied: "Because, you know, Trump".
In 2003, Haitian President Jean Betrand Aristide announced that France owed Haiti for the 90 million gold francs (today, $21 billion) that Haiti was made to pay France on independence.
In 2003, Haitian President Jean Betrand Aristide announced that France owed Haiti for the 90 million gold francs (today, £13 billion) that Haiti was made to pay France on independence.
The site said France would pay Haiti $22 billion, the equivalent, plus interest, of the 90 million gold francs Haiti was forced to pay France after its independence in 1804.
1804 - 1825: Following a bloody independence Haiti was subjected to embargoes and blockades 1825: France demanded that Haiti compensation in the form of $150 million gold francs or $22 billion (US) in today's dollars 1838: France ever so graciously reduced the dept to a mere $60 million francs to be paid over a three decade period 1883: Haiti made the final payment to France.
Crippled by an international embargo enforced by French warships, Haiti agreed in 1825 to pay France an "independence debt" of 150m gold francs to compensate colonists for lost land and slaves.
In 1825, in return for recognizing Haitian independence, France demanded indemnity on a staggering scale: 150 million gold francs, five times the country's annual export revenue.
After the slave-led revolution of 1791 created the world's first black republic, France demanded compensation for its settlers and slave-owners: 90 million gold francs – estimated at somewhere between $17bn and $21bn in contemporary terms.
