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mohsinqureshii

ADF (Andorran Franc) Definition

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The Andorran Franc was pegged by the country’s central bank to trade at an equal rate with the Franc used in France (prior to 1999). Andorra did not establish a formal currency union with France, so there was no need to create physical coins or bills. Traders with a focus on this country will now watch movements in the Euro, as this is the currency now used by the Andorran nation.

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