History, asked by paigejustice7038, 19 days ago

Livre unit of currency in France discontinued in 1794

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Answered by harikavi1234567
0

Answer:

True

Explanation:

The first French monetary unit was the livre, introduced all the way back in 781 A.D. under King Charles the Great (Charlemagne). It was equal in value to 1 troy pound of silver. It was subdivided into 20 solidi (later nicknamed "sol" or "sou"), each of which was further subdivided into 12 denarii (deniers).(ˈliːvrə , French livrə) noun. a former French unit of money of account, equal to 1 pound of silver.

The livre tournois was swapped in 1795 for the French Franc (or franc germinal), worth 4.5 g silver or 9⁄31 g = 0.29032 g gold (ratio 15.5), at a rate of 1 franc = 1 1⁄80 livres or 1 livre, 3 deniers.

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