The economy of Luxembourg is largely dependent on the banking, steel, and industrial sectors. Citizens of Luxembourg enjoy the highest per capita gross domestic product in the world, according to an IMF estimate in 2022.
Economy of Luxembourg
The Luxembourg franc (F or ISO LUF, Luxembourgish: Frang), subdivided into 100 centimes, was the currency of Luxembourg between 1854 and 2002, except from 1941 to 1944. From 1944 to 2002, its value was equal to that of the Belgian franc. The franc remained in circulation until 2002, when it was replaced by the euro.
10 Luxembourg franc banknote, 1924.
20 Luxembourg franc banknote.
Image: 25 centimes Luxembourgish franc (1947) front
Image: 25 centimes Luxembourgish franc (1947) reverse