Paris Pair

AAA

DEFINITION of 'Paris Pair'

The nickname for the U.S. Dollar/French Franc currency pair prior to France's conversion to the Euro. Since the franc was replaced by the euro, there is no modern equivalent to the Paris Pair.

INVESTOPEDIA EXPLAINS 'Paris Pair'

The franc was France's national currency until the euro was introduced in 1999. Euro coins and notes replaced the franc entirely during the first two month of 2002. The U.S. dollar/French franc currency pair became known as the Paris Pair.

RELATED TERMS
  1. Reciprocal Currency

    In the foreign exchange market, a currency pair that involves ...
  2. Dollar Rate

    The exchange rate of a currency against the U.S. dollar (USD). ...
  3. Net Interest Rate Differential

    In international markets, the difference in the interest rates ...
  4. Major Pairs

    The four forex pairs which are considered to be the most heavily ...
  5. Currency Pair: EUR/USD (Euro/U.S. ...

    The abbreviation for the euro and U.S. dollar (EUR/USD) pair ...
  6. Currency Carry Trade

    A strategy in which an investor sells a certain currency with ...
Related Articles
  1. Forex

    How do I convert dollars to pounds, ...

  2. Forex

    When and why did the euro make its debut ...

  3. Forex

    Ways To Earn Bitcoins

  4. Investing Basics

    A Look At The Most Popular Bitcoin Exchanges

Hot Definitions
  1. Capitulation

    When investors give up any previous gains in stock price by selling equities in an effort to get out of the market and into ...
  2. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  3. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  4. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  5. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  6. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
Trading Center