1.
French franc
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The franc, also commonly distinguished as the French franc, was a currency of France. Between 1450 and 1999, it was the name of coins worth 1 livre tournois and it was revalued in 1960, with each new franc being worth 100 old francs. The French franc was a commonly held reserve currency of reference in the 19th and 20th centuries. The first franc was a gold coin introduced in 1360 to pay the Ransom of King John II of France and this coin secured the kings freedom and showed him on a richly decorated horse earning it the name franc à cheval. The obverse legend, like other French coins, gives the title as Francorum Rex. Its value was set as one livre tournois, john’s son, Charles V, continued this type. It was copied exactly at Brabant and Cambrai and, with the arms on the horse cloth changed, conquests led by Joan of Arc allowed Charles VII to return to sound coinage and he revived the franc à cheval. John II, however, was not able to strike enough francs to pay his ransom, John II died as a prisoner in England and his son, Charles V was left to pick up the pieces. Charles V pursued a policy of reform, including stable coinage, an edict dated 20 April 1365 established the centerpiece of this policy, a gold coin officially called the denier d’or aux fleurs de lis which had a standing figure of the king on its obverse. Its value in money of account was one livre tournois, just like the franc à cheval, in accordance with the theories of the mathematician, economist and royal advisor Nicolas Oresme, Charles struck fewer coins of better gold than his predecessors. In the accompanying deflation both prices and wages fell, but wages fell faster and debtors had to settle up in better money than they had borrowed, the Mayor of Paris, Etienne Marcel, exploited their discontent to lead a revolt which forced Charles V out of the city. The States General which met at Blois in 1577 added to the pressure to stop currency manipulation. Henry III agreed to do this and he revived the franc and this coin and its fractions circulated until 1641 when Louis XIII of France replaced it with the silver Écu. Nevertheless, the franc continued in accounting as a synonym for the livre tournois. The decimal franc was established as the currency by the French Revolutionary Convention in 1795 as a decimal unit of 4.5 g of fine silver. This was slightly less than the livre of 4.505 g, silver coins now had their denomination clearly marked as “5 FRANCS” and it was made obligatory to quote prices in francs. e. Coinage with explicit denominations in decimal fractions of the franc also began in 1795, decimalization of the franc was mandated by an act of 7 April 1795, which also dealt with of weights and measures. France’s first decimal coinage used allegorical figures symbolizing revolutionary principles, like the designs the United States had adopted in 1793
2.
French West Africa
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French West Africa was a federation of eight French colonial territories in Africa, Mauritania, Senegal, French Sudan, French Guinea, Ivory Coast, Upper Volta, Dahomey and Niger. The capital of the federation was Dakar, the federation existed from 1895 until 1960. Until after the Second World War almost all the Africans living in the colonies of France were not citizens of France, rather, they were French Subjects, lacking rights before the law, property ownership rights, rights to travel, dissent, or vote. Anyone able to prove they were born in these towns was legally French and they could vote in parliamentary elections, which had been previously dominated by white and Métis residents of Senegal. The Four Communes of Senegal were entitled to elect a Deputy to represent them in the French Parliament in the years 1848–1852, 1871–1876, in 1914, the first African, Blaise Diagne, was elected as the Deputy for Senegal in the French Parliament. In 1916, Diagne pushed through the National Assembly a law granting citizenship to all residents of the so-called Four Communes. In return, he had promised to help millions of Africans to fight in World War I. Thereafter, all black Africans of Dakar, Gorée, Saint-Louis and these conquered areas were usually governed by French Army officers, and dubbed Military Territories. The first Governor General of Senegal was named in 1895, and in 1904, Gabon would later become the seat of its own federation French Equatorial Africa, which was to border its western neighbor on the modern boundary between Niger and Chad. While the latter fell to Free France already after the Battle of Gabon in November 1940, following World War II, the French government began a process of extending limited political rights in its colonies. In 1945 the French Provisional Government allocated ten seats to French West Africa in the new Constituent Assembly called to write a new French Constitution, of these five would be elected by citizens and five by African subjects. The elections brought to prominence a new generation of French-educated Africans and they were all re-elected to the 2nd Constituent Assembly on 2 June 1946. In 1946, the Loi Lamine Guèye granted some limited rights to natives of the African colonies. The French Empire was renamed the French Union on 27 October 1946, in late 1946 under this new constitution each territory was for the first time able elect local representatives, albeit on a limited franchise, to newly established General Councils. These elected bodies had only limited powers, although they did approve local budgets. The Loi Cadre of 23 June 1956 brought universal suffrage to elections held after that date in all French African colonies, the first elections under universal suffrage in French West Africa were the municipal elections of late 1956. On 31 March 1957, under universal suffrage, territorial Assembly elections were held in each of the eight colonies, the leaders of the winning parties were appointed to the newly instituted positions of Vice-Presidents of the respective Governing Councils — French Colonial Governors remained as Presidents. The Constitution of the French Fifth Republic of 1958 again changed the structure of the colonies from the French Union to the French Community, each territory was to become a Protectorate, with the consultative assembly named a National Assembly
3.
Guinea
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Guinea /ˈɡɪni/, officially the Republic of Guinea, is a country on the West coast of Africa. Guinea has a population of 10.5 million and an area of 245,860 square kilometres, the president is directly elected by the people and is head of state and head of government. The unicameral Guinean National Assembly is the body of the country. The judicial branch is led by the Guinea Supreme Court, the highest, the country is named after the Guinea region. Guinea is a name for the region of Africa that lies along the Gulf of Guinea. It stretches north through the tropical regions and ends at the Sahel. Guinea is a predominantly Islamic country, with Muslims representing 85 percent of the population, Guineas people belong to twenty-four ethnic groups. French, the language of Guinea, is the main language of communication in schools, in government administration, and the media. Guineas economy is dependent on agriculture and mineral production. It is the second largest producer of bauxite, and has rich deposits of diamonds. The country was at the core of the 2014 Ebola outbreak, human rights in Guinea remain a controversial issue. In 2011 the United States government claimed that torture by security forces, the land that is now Guinea belonged to a series of African empires until France colonized it in the 1890s, and made it part of French West Africa. Guinea declared its independence from France on 2 October 1958, from independence until the presidential election of 2010, Guinea was governed by a number of autocratic rulers. What is now Guinea was on the fringes of the major West African empires, the Ghana Empire is believed to be the earliest of these which grew on trade but contracted and ultimately fell due to the hostile influence of the Almoravids. It was in period that Islam first arrived in the region. The Mali Empire was ruled by Mansa, the most famous being Kankou Moussa, shortly after his reign the Mali Empire began to decline and was ultimately supplanted by its vassal states in the 15th century. The most successful of these was the Songhai Empire, which expanded its power from about 1460 and it continued to prosper until a civil war over succession followed the death of Askia Daoud in 1582. The weakened empire fell to invaders from Morocco at the Battle of Tondibi just three years later, the Moroccans proved unable to rule the kingdom effectively, however, and it split into many small kingdoms
4.
Mauritania
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Mauritania /mɔːrɪˈteɪniə/, officially the Islamic Republic of Mauritania, is a country in the Maghreb region of western Africa. The country derives its name from the ancient Berber Kingdom of Mauretania, approximately 90% of Mauritanias land is within the Sahara and consequently the population is concentrated in the south, where precipitation is slightly higher. The capital and largest city is Nouakchott, located on the Atlantic coast, the government was overthrown on 6 August 2008, in a military coup détat led by General Mohamed Ould Abdel Aziz. On 16 April 2009, Aziz resigned from the military to run for president in the 19 July elections, about 20% of Mauritanians live on less than US$1.25 per day. Mauritania suffers from several human rights issues, including slavery, as at least 4% of the population are enslaved against their will, the Bafours were primarily agriculturalist, and among the first Saharan people to abandon their historically nomadic lifestyle. With the gradual desiccation of the Sahara, they headed south, many of the Berber tribes claimed Yemeni origins. There is little evidence to such claims, but a 2000 DNA study of Yemeni people suggested there might be some ancient connection between the peoples. Other peoples also migrated south past the Sahara to West Africa, in 1076, Moorish Islamic warrior monks attacked and conquered the large area of the ancient Ghana Empire. Over the next 500 years, Arabs overcame fierce resistance from the population to dominate Mauritania. The Char Bouba war was the final effort of the peoples to repel the Yemeni Maqil Arab invaders. The invaders were led by the Beni Hassan tribe, the descendants of the Beni Hassan warriors became the upper stratum of Moorish society. Hassaniya, a Berber-influenced Arabic dialect that derives its name from the Beni Hassan, berbers retained a niche influence by producing the majority of the regions marabouts, those who preserve and teach Islamic tradition. Imperial France gradually absorbed the territories of present-day Mauritania from the Senegal River area and upwards, in 1901, Xavier Coppolani took charge of the imperial mission. Through a combination of strategic alliances with Zawiya tribes, and military pressure on the Hassane warrior nomads, he managed to extend French rule over the Mauritanian emirates. Trarza, Brakna and Tagant quickly submitted to treaties with the colonial power, Adrar was finally defeated militarily in 1912, and incorporated into the territory of Mauritania, which had been drawn up and planned in 1904. Mauritania was part of French West Africa from 1920, French rule brought legal prohibitions against slavery and an end to inter-clan warfare. During the colonial period, 90% of the population remained nomadic, many sedentary peoples, whose ancestors had been expelled centuries earlier, began to trickle back into Mauritania. After gaining independence, larger numbers of indigenous Sub-Saharan African peoples entered Mauritania, educated in French language and customs, many of these recent arrivals became clerks, soldiers, and administrators in the new state
5.
Guinea-Bissau
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Guinea-Bissau, officially the Republic of Guinea-Bissau, is a country in West Africa. It covers 36,125 square kilometres with a population of 1,704,000. Guinea-Bissau was once part of the kingdom of Gabu, as well as part of the Mali Empire, parts of this kingdom persisted until the 18th century, while a few others were under some rule by the Portuguese Empire since the 16th century. In the 19th century, it was colonized as Portuguese Guinea, upon independence, declared in 1973 and recognised in 1974, the name of its capital, Bissau, was added to the countrys name to prevent confusion with Guinea. Guinea-Bissau has a history of instability since independence, and no elected president has successfully served a full five-year term. Only 14% of the population speaks Portuguese, established as the language in the colonial period. Almost half the population speaks Crioulo, a Portuguese-based creole language, the main religions are African traditional religions and Islam, there is a Christian minority. The countrys per-capita gross domestic product is one of the lowest in the world, Guinea-Bissau was once part of the kingdom of Gabu, part of the Mali Empire, parts of this kingdom persisted until the 18th century. Other parts of the territory in the current country were considered by the Portuguese as part of their empire, Portuguese Guinea was known as the Slave Coast, as it was a major area for the exportation of African slaves by Europeans to the western hemisphere. Early reports of Europeans reaching this area include those of the Venetian Alvise Cadamostos voyage of 1455, the 1479–1480 voyage by Flemish-French trader Eustache de la Fosse, and Diogo Cão. In the 1480s this Portuguese explorer reached the Congo River and the lands of Bakongo, setting up the foundations of modern Angola, some 4200 km down the African coast from Guinea-Bissau. The local African rulers in Guinea, some of whom prospered greatly from the trade, controlled the inland trade. They kept them in the coastal settlements where the trading took place. African communities that fought back against slave traders also distrusted European adventurers, the Portuguese in Guinea were largely restricted to the port of Bissau and Cacheu. A small number of European settlers established isolated farms along Bissaus inland rivers, for a brief period in the 1790s, the British tried to establish a rival foothold on an offshore island, at Bolama. But by the 19th century the Portuguese were sufficiently secure in Bissau to regard the neighbouring coastline as their own special territory, cuba also agreed to supply artillery experts, doctors, and technicians. The PAIGC even managed to acquire a significant anti-aircraft capability in order to defend itself against aerial attack, by 1973, the PAIGC was in control of many parts of Guinea, although the movement suffered a setback in January 1973 when Cabral was assassinated. Independence was unilaterally declared on 24 September 1973, recognition became universal following 25 April 1974 socialist-inspired military coup in Portugal, which overthrew Lisbons Estado Novo regime
6.
Portugal
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Portugal, officially the Portuguese Republic, is a country on the Iberian Peninsula in Southwestern Europe. It is the westernmost country of mainland Europe, to the west and south it is bordered by the Atlantic Ocean and to the east and north by Spain. The Portugal–Spain border is 1,214 kilometres long and considered the longest uninterrupted border within the European Union, the republic also includes the Atlantic archipelagos of the Azores and Madeira, both autonomous regions with their own regional governments. The territory of modern Portugal has been settled, invaded. The Pre-Celts, Celts, Carthaginians and the Romans were followed by the invasions of the Visigothic, in 711 the Iberian Peninsula was invaded by the Moors, making Portugal part of Muslim Al Andalus. Portugal was born as result of the Christian Reconquista, and in 1139, Afonso Henriques was proclaimed King of Portugal, in the 15th and 16th centuries, Portugal established the first global empire, becoming one of the worlds major economic, political and military powers. Portugal monopolized the trade during this time, and the Portuguese Empire expanded with military campaigns led in Asia. After the 1910 revolution deposed the monarchy, the democratic but unstable Portuguese First Republic was established, democracy was restored after the Portuguese Colonial War and the Carnation Revolution in 1974. Shortly after, independence was granted to almost all its overseas territories, Portugal has left a profound cultural and architectural influence across the globe and a legacy of over 250 million Portuguese speakers today. Portugal is a country with a high-income advanced economy and a high living standard. It is the 5th most peaceful country in the world, maintaining a unitary semi-presidential republican form of government and it has the 18th highest Social Progress in the world, putting it ahead of other Western European countries like France, Spain and Italy. Portugal is a pioneer when it comes to drug decriminalization, as the nation decriminalized the possession of all drugs for use in 2001. The early history of Portugal is shared with the rest of the Iberian Peninsula located in South Western Europe, the name of Portugal derives from the joined Romano-Celtic name Portus Cale. Other influences include some 5th-century vestiges of Alan settlements, which were found in Alenquer, Coimbra, the region of present-day Portugal was inhabited by Neanderthals and then by Homo sapiens, who roamed the border-less region of the northern Iberian peninsula. These were subsistence societies that, although they did not establish prosperous settlements, neolithic Portugal experimented with domestication of herding animals, the raising of some cereal crops and fluvial or marine fishing. Chief among these tribes were the Calaicians or Gallaeci of Northern Portugal, the Lusitanians of central Portugal, the Celtici of Alentejo, a few small, semi-permanent, commercial coastal settlements were also founded in the Algarve region by Phoenicians-Carthaginians. Romans first invaded the Iberian Peninsula in 219 BC, during the last days of Julius Caesar, almost the entire peninsula had been annexed to the Roman Republic. The Carthaginians, Romes adversary in the Punic Wars, were expelled from their coastal colonies and it suffered a severe setback in 150 BC, when a rebellion began in the north
7.
Equatorial Guinea
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Equatorial Guinea, officially the Republic of Equatorial Guinea, is a country located in Central Africa, with an area of 28,000 square kilometres. Formerly the colony of Spanish Guinea, its post-independence name evokes its location near both the Equator and the Gulf of Guinea, Equatorial Guinea is the only sovereign African state in which Spanish is an official language. As of 2015, the country has an population of over 1.2 million. Equatorial Guinea consists of two parts, an insular and a mainland region, the insular region consists of the islands of Bioko in the Gulf of Guinea and Annobón, a small volcanic island south of the equator. Bioko Island is the northernmost part of Equatorial Guinea and is the site of the countrys capital, the island nation of São Tomé and Príncipe is located between Bioko and Annobón. The mainland region, Río Muni, is bordered by Cameroon on the north and Gabon on the south and it is the location of Bata, Equatorial Guineas largest city, and Oyala, the countrys planned future capital. Rio Muni also includes several small islands, such as Corisco, Elobey Grande. The country is a member of the African Union, Francophonie, since the mid-1990s, Equatorial Guinea has become one of sub-Saharan Africas largest oil producers. The country ranks 144th on the UNs 2014 Human Development Index, the UN says that less than half of the population has access to clean drinking water and that 20% of children die before reaching the age of five. Reporters Without Borders ranks President Teodoro Obiang Nguema Mbasogo among its predators of press freedom, the report rates Equatorial Guinea as a Tier 3 country, the lowest ranking, Countries whose governments do not fully comply with the minimum standards and are not making significant efforts to do so. Pygmies probably once lived in the region that is now Equatorial Guinea. Bantu migrations between the 18th and 19th centuries brought the coastal ethno-linguistic groups as well as the Fang people, elements of the latter may have generated the Bubi, who migrated from Cameroon to Río Muni and Bioko in several waves and succeeded former Neolithic populations. The Annobón population, originally native to Angola, was introduced by the Portuguese via São Tomé island, the Portuguese explorer Fernando Pó, seeking a path to India, is credited as being the first European to discover the island of Bioko in 1472. He called it Formosa, but it took on the name of its European discoverer. The islands of Fernando Pó and Annobón were colonized by Portugal in 1474, Spain thereby tried to gain access to a source of slaves controlled by British merchants. Between 1778 and 1810, the territory of Equatorial Guinea was administered by the Viceroyalty of the Río de la Plata, based in Buenos Aires. From 1827 to 1843, the United Kingdom had a base on Bioko to combat the slave trade, in 1844, on restoration of Spanish sovereignty, the area became known as the Territorios Españoles del Golfo de Guinea. Spain had neglected to occupy the area in the Bight of Biafra to which it had right by treaty
8.
Spain
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By population, Spain is the sixth largest in Europe and the fifth in the European Union. Spains capital and largest city is Madrid, other urban areas include Barcelona, Valencia, Seville, Bilbao. Modern humans first arrived in the Iberian Peninsula around 35,000 years ago, in the Middle Ages, the area was conquered by Germanic tribes and later by the Moors. Spain is a democracy organised in the form of a government under a constitutional monarchy. It is a power and a major developed country with the worlds fourteenth largest economy by nominal GDP. Jesús Luis Cunchillos argues that the root of the span is the Phoenician word spy. Therefore, i-spn-ya would mean the land where metals are forged, two 15th-century Spanish Jewish scholars, Don Isaac Abravanel and Solomon ibn Verga, gave an explanation now considered folkloric. Both men wrote in two different published works that the first Jews to reach Spain were brought by ship by Phiros who was confederate with the king of Babylon when he laid siege to Jerusalem. This man was a Grecian by birth, but who had given a kingdom in Spain. He became related by marriage to Espan, the nephew of king Heracles, Heracles later renounced his throne in preference for his native Greece, leaving his kingdom to his nephew, Espan, from whom the country of España took its name. Based upon their testimonies, this eponym would have already been in use in Spain by c.350 BCE, Iberia enters written records as a land populated largely by the Iberians, Basques and Celts. Early on its coastal areas were settled by Phoenicians who founded Western Europe´s most ancient cities Cadiz, Phoenician influence expanded as much of the Peninsula was eventually incorporated into the Carthaginian Empire, becoming a major theater of the Punic Wars against the expanding Roman Empire. After an arduous conquest, the peninsula came fully under Roman Rule, during the early Middle Ages it came under Germanic rule but later, much of it was conquered by Moorish invaders from North Africa. In a process took centuries, the small Christian kingdoms in the north gradually regained control of the peninsula. The last Moorish kingdom fell in the same year Columbus reached the Americas, a global empire began which saw Spain become the strongest kingdom in Europe, the leading world power for a century and a half, and the largest overseas empire for three centuries. Continued wars and other problems led to a diminished status. The Napoleonic invasions of Spain led to chaos, triggering independence movements that tore apart most of the empire, eventually democracy was peacefully restored in the form of a parliamentary constitutional monarchy. Spain joined the European Union, experiencing a renaissance and steady economic growth
9.
French Fifth Republic
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Alsace-Lorraine would be restored at the end of World War I. Unlike other European countries France did not experience a population growth in the mid and late 19th century. From a population of around 39 million in 1880, France still had only a population of 40 million in 1945, the post-war years would bring a massive baby boom, and with immigration, France reached 50 million in 1968. This growth slowed down in 1974, since 1999, France has seen an unprecedented growth in population. In 2004, population growth was 0. 68%, almost reaching North American levels, France is now well ahead of all other European countries in population growth and in 2003, Frances natural population growth was responsible for almost all the natural growth in European population. Today, France, with a population of 62 and a million, or 65 million including overseas territories, is the third most populous country of Europe, behind Russia. Immigration in the 20th century differed significantly from that of the previous century, the 1920s saw great influxes from Italy and Poland, in the 1930-50s immigrants came from Spain and Portugal. Since the 1960s however, the greatest waves of immigrants have been from former French colonies, Algeria, Morocco, Tunisia, Senegal, Mali, Cambodia, Laos, Vietnam. Much of this recent immigration was initially economical, but many of these immigrants have remained in France, gained citizenship, estimates vary, but of the 60 million people living in France today, close to 4 million claim foreign origin. Eastern-European and North-African Jewish immigration to France largely began in the mid to late 19th century, in 1872, there was an estimated 86,000 Jews living in France, and by 1945 this would increase to 300,000. Many Jews integrated into French society, although French nationalism led to anti-Semitism in many quarters, since the 1960s, France has experienced a great deal of Jewish immigration from the Mediterranean and North Africa, and the Jewish population in France is estimated at around 600,000 today. By far the largest of these is Paris, at 2.1 million inhabitants, followed by Lille, Lyon, much of this urbanization takes place not in the traditional center of the cities, but in the suburbs that surround them. With immigration from countries, these cités have been the center of racial. Compounding the loss of regionalism is the role of the French capital, the post-war years saw the state take control of a number of French industries. The modern political climate has however been for increasing regional power, many French intellectuals welcomed the war to avenge the humiliation of defeat and loss of territory to Germany following the Franco-Prussian War of 1871. A pacifist, was assassinated at the start of the war, Prime Minister Rene Viviani called for unity—for a Union sacrée --Which was a wartime truce between the right and left factions that had been fighting bitterly. However, war-weariness was a factor by 1917, even reaching the army. The soldiers were reluctant to attack, Mutiny was a factor as soldiers said it was best to wait for the arrival of millions of Americans, the economy was hurt by the German invasion of major industrial areas in the northeast
10.
United States dollar
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The United States dollar is the official currency of the United States and its insular territories per the United States Constitution. It is divided into 100 smaller cent units, the circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars. The U. S. dollar was originally commodity money of silver as enacted by the Coinage Act of 1792 which determined the dollar to be 371 4/16 grain pure or 416 grain standard silver, the currency most used in international transactions, it is the worlds primary reserve currency. Several countries use it as their currency, and in many others it is the de facto currency. Besides the United States, it is used as the sole currency in two British Overseas Territories in the Caribbean, the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while the country mints its own coins, or also accepts U. S. coins that can be used as payment in U. S. dollars. After Nixon shock of 1971, USD became fiat currency, Article I, Section 8 of the U. S. Constitution provides that the Congress has the power To coin money, laws implementing this power are currently codified at 31 U. S. C. Section 5112 prescribes the forms in which the United States dollars should be issued and these coins are both designated in Section 5112 as legal tender in payment of debts. The Sacagawea dollar is one example of the copper alloy dollar, the pure silver dollar is known as the American Silver Eagle. Section 5112 also provides for the minting and issuance of other coins and these other coins are more fully described in Coins of the United States dollar. The Constitution provides that a regular Statement and Account of the Receipts and that provision of the Constitution is made specific by Section 331 of Title 31 of the United States Code. The sums of money reported in the Statements are currently being expressed in U. S. dollars, the U. S. dollar may therefore be described as the unit of account of the United States. The word dollar is one of the words in the first paragraph of Section 9 of Article I of the Constitution, there, dollars is a reference to the Spanish milled dollar, a coin that had a monetary value of 8 Spanish units of currency, or reales. In 1792 the U. S. Congress passed a Coinage Act, Section 20 of the act provided, That the money of account of the United States shall be expressed in dollars, or units. And that all accounts in the offices and all proceedings in the courts of the United States shall be kept and had in conformity to this regulation. In other words, this act designated the United States dollar as the unit of currency of the United States, unlike the Spanish milled dollar the U. S. dollar is based upon a decimal system of values. Both one-dollar coins and notes are produced today, although the form is significantly more common
