ADF (Andorran Franc)

DEFINITION of 'ADF (Andorran Franc)'

The currency abbreviation or currency symbol for the Andorran franc (ADF). The Andorran franc was replaced as the national currency of Andorra by the euro (EUR) in 1999.

BREAKING DOWN 'ADF (Andorran Franc)'

Prior to being replaced by the euro in 1999, the Andorran franc was pegged at parity to the French franc. Unlike in Monaco, there was no formal union of currencies with France. Because of this, no Andorran coins/notes were minted/printed.

RELATED TERMS
  1. French Franc - F

    A currency used in France, prior to the introduction of the euro. ...
  2. Paris Pair

    The nickname for the U.S. Dollar/French Franc currency pair prior ...
  3. CHF

    In currencies, this is the abbreviation for the Swiss franc. ...
  4. USD/CHF (U.S. Dollar/Swiss Franc) ...

    The abbreviation for the U.S. dollar and Swiss franc (USD/CHF) ...
  5. CFA Franc

    One of two African regional currencies backed by the French treasury, ...
  6. GNF - Guinea Franc

    The currency abbreviation for the Guinea franc, the national ...
Related Articles
  1. Forex Fundamentals

    Why The Swiss Franc Is So Strong

    We look at the recent and historic strength of the Swiss franc, as well as recent actions by the Swiss National Bank.
  2. Forex Strategies

    Buying Swiss Francs as a Long-Term Investment: Risks & Rewards

    Learn about the risks and rewards of investing long term in Swiss francs and the history of the Swiss franc's exchange rate against the dollar.
  3. Mutual Funds & ETFs

    How To Invest In The Swiss Franc

    The Swiss franc is one of the safe havens of the investing world. Learn how invest through ETFs, forex, futures, and binary options.
  4. Forex

    USD-CHF Pair

    Trading the USD-CHF currency pair
  5. Forex Education

    Forex Currencies: The USD/CHF

    By Brian PerrySwitzerland is known as a stable, safe and prosperous nation. Surrounded by the Alps and with a reputation for neutrality, Switzerland has long appeared to be almost a world unto ...
  6. Forex

    Is The Swiss Franc A Good Investment?

    Individual investors, businesses, financial institutes and even countries have been keeping their money in Swiss francs.
  7. Economics

    3 Economic Challenges France Faces in 2016

    Learn about the three most significant economic challenges facing France in 2016. How will France implement reforms to improve its GDP and reduce unemployment?
  8. Forex

    Why Switzerland Scrapped the Euro

    Why did the Swiss scrap its peg to the Euro and what impact will it have globally?
  9. Retirement

    Is Retiring in France Safe Today?

    After a series of deadly terrorist incidents, some may be asking themselves this question.
  10. Forex

    Is The Swiss Franc A Safe Haven?

    We examine when and why there are runs on Swiss francs.
RELATED FAQS
  1. Why is Andorra considered a tax haven?

    Find out why Andorra is considered a tax haven and how developments have lessened its appeal due to increased taxation and ... Read Answer >>
  2. Is France a developed country?

    Discover what qualifies France as a developed country and how its diverse economy has helped it become one of the largest ... Read Answer >>
  3. When and why did the euro make its debut as a currency?

    On January 1, 1999, the European Union introduced its new currency, the euro. Originally, the euro was an overarching currency ... Read Answer >>
  4. Why is the U.S. dollar shown on the top of some currency pairs and on the bottom ...

    All currencies are traded in pairs. The first currency in the pair is called the base currency while the second is called ... Read Answer >>
  5. What burst the Mississippi bubble?

    In 1715, France was essentially insolvent as a nation. Even though taxes were raised to extremely high levels, the hole that ... Read Answer >>
  6. Why isn't the EUR/USD currency pair quoted as USD/EUR?

    In a currency pair, the first currency in the pair is called the base currency and the second is called the quote currency. ... Read Answer >>
Hot Definitions
  1. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  2. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  3. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  4. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
  5. Generally Accepted Accounting Principles - GAAP

    The common set of accounting principles, standards and procedures that companies use to compile their financial statements. ...
  6. DuPont Analysis

    A method of performance measurement that was started by the DuPont Corporation in the 1920s. With this method, assets are ...
Trading Center