A few days ago
The money term Frank in the 1800…how much would they do today?
How much would one Frank be today?
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A few days ago
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In 1803, the “franc germinal” (named after the name of the month in the revolutionary calendar) was established, creating a gold franc containing 9/31 g (290.32 mg) of fine gold.
hence one troy ounce is exactly 31.1034768 g
one troy ounce is 31,103.4768 mg
31103.4768/290.32 = 107.135 francs in troy ounce
Spot Gold close 9/28 $743.10 per Oz.
1 1803 French Franc is today $6.94 without interest of course.
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