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Old 17th Feb 2013, 07:13
  #3511 (permalink)  
BEagle
 
Join Date: May 1999
Location: Quite near 'An aerodrome somewhere in England'
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Coffees outside were very dear. IIRC, this was long before the Franc was revalued (in De Gaulle's time ?), and we got something like Fr. 2400/£, but as everything you bought cost an astronomical number of francs, you were no better off.
The nouveau franc was introduced in 1960, during De Gaulle's term as first President of the Fifth Republic.

Your exchange rates seem a little optimistic though. My sources indicate that, in 1953, there were 975 old francs to the £. Whereas in 1963, following revaluation, there were 13.7 NF to the £.

US dollar rates are interesting - in 1953 you could get $2.8 for £1 and in 1963 £1 was still worth $2.8. In early 1973 £1 was worth $2.35, but it had fallen to $1.9 by the time I first went to the USA in 1978, dropping to almost 1:1 in the yuppiedom of the mid-'80s.....

Last edited by BEagle; 17th Feb 2013 at 07:14.
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