Time Period: 1670-1820
Timeline
- 19.02.1670
- French royal decree on the production of coinage for exclusive use in the "American colonies on land and water" under King Louis XIV, creating the French Colonial Livre / 20 Sols / 12 Deniers; effective by law of 24.03.1670
- 18.11.1672
- Ordinance on the rating of French money at 100 French Livres = 133⅓ French Colonial Livres; effective immediately
- 14.06.1726
- Ordinance on the rating of French money at 100 French Livres = 150 French Colonial Livres; effective immediately
- 10.12.1779
- Local ordinance allowing the issue of paper money made from playing cards; withdrawn per ordinance of 10.11.1781
- 10.11.1781
- Rating of the Spanish Dollar (8 Spanish Real in silver) at 52⁄5 French Livres = 81⁄10 French Colonial Livres
- 1782-1816
- Issuance of subsidiary coins:
- 21.01.1782: Ordinance on the 1st issuance of a subsidiary coin of 2 French Sols = 3 French Colonial Sols (trials exist with denomination of 3 Colonial Sols)
- ??.10.1788: Ordinance on the issuance of a subsidiary coin of 2 French Sols = 3 French Colonial Sols
- ??.??.1816: Ordinance on the 3rd issuance of a subsidiary coin of 2 French Sols = 3 French Colonial Sols.
Time Period: 1820-1962
Currency: Guianan Franc
- Transition
- 1 : 1.50 French Colonial Livres
- Sub-units
- Franc / 100 Cents
- ISO4217
- none (informal: GFE)
Timeline
- 04.10.1818
- Ordinance on the issuance of a subsidiary coin of 10 (French) Centimes
- 02.02.1820
- Ordinance on the adoption of the French Franc as unit of account; effective immediately (?)
- 29.07.1820
- Rating of the former subsidiary coins of 2 French Sols = 3 French Colonial Sols at 7½ (French) Centimes
- 13.11.1825
- Ordinance on the import of subsidiary coins of 10, 5 Centimes (issued for general colonial use in all territories); were demonetized by ordinance of 06.07.1834 due to lack of acceptance
- 08.06.1844
- Ordinance on the issuance of state treasury bills and the demonetization of the former subsidiary coins of 2 Sols; effective ??.??.1844
- 30.04.1849
- French law on the creation of colonial banks in the Caribbean and Africa for the facilitation of the compensation of settlers for the abolition of slavery; effective immediately
- 11.07.1851
- French law on the constitution of colonial banks in Guadeloupe, Guiana (not yet created), Martinique and Réunion (after 23.12.1851 subject to the 1849 law on colonial banks) with an issuance privilege for paper money;
- 01.02.1854; Decree on the cration of the Bank of Guiana; it opened for business in Cayenne on 28.05.1855
- ??.??.1854
- Demonetization of all foreign coins
- 24.06.1874
- Law on the reform of the charters of the French colonial banks renewing the 20 years' privilege for the issuance of colonal paper money; effective 11.09.1874 (extended regularly and made unlimited from 01.01.1902 onward):
- The Bank of Guiana started banknote issuance in 1888.
Valuation Regimes
- 1820-1962
- Identical to the French Franc (1795), the convertibility of the Guianan paper money was limited
Rate Arrangements
- 02.02.1820
- Fixed
- French Franc (1795) at 1 : 1
Time Period: 1963-1974
Currency: Caribbean (New) Franc
- Transition
- 1 : 100
- Sub-units
- Franc / 100 Cents
- ISO4217
- none (informal: GPF)
Timeline
- 27.12.1958
- French Law [No. 58-1341] on the currency reform in France; effective immediately (but not implemented in the Caribbean territories).
- 07.01.1959
- Ordinance [No. 59-74] on the establishment a joint issuing institute for the overseas departments (Guyana, Guadeloupe, Martinique, and Réunion); effective immediately
- 14.09.1962
- Ordinance [No. 62-1093] on the implementation of the French currency reform of 1958 in the Caribbean overseas departments Guiana, Guadeloupe, Martinique; effective 01.01.1963
- 01.01.1963
- Start of currency exchange:
- 01.01.1963: Start of issuance of new banknotes and coins (the previous ones were not demonetized)
- 30.12.1964: Ordinance [No. 64-1347] on the abolition of the "New" in the currency name (banknotes with this denomination were not demonetized); effective 01.01.1965
Valuation Regimes
- 1963-1974
- Identical to the French Franc (1958), the convertibility of the Caribbean paper money was limited
Rate Arrangements
- 01.01.1963
- Fixed
- French Franc (1958) at 1 : 1
Time Period: 1975-
Timeline
- 28.12.1974
- French finance law [No. 74-1114] on the transfer of the money issuance privilege from the Currency Institute for the French Overseas Departments to the Bank of France; effective 31.12.1974
- 01.01.1975
- Start of currency exchange:
- 01.01.1975: Start of issuance of French banknotes (no local coins had been issued)
- 31.03.1975: End of exchange period and demonetization of the former paper money.