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 Carry Trade

    A strategy in which an investor sells a certain currency with ...
  6. Forex - FX

    The market in which currencies are traded. The forex market is ...
Related Articles
  1. How do I convert dollars to pounds, ...
    Forex

    How do I convert dollars to pounds, ...

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

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

  3. A Look At The Most Popular Bitcoin Exchanges
    Investing Basics

    A Look At The Most Popular Bitcoin Exchanges

  4. End of Fed's Bond-Buying Program: 7 ...
    Bonds & Fixed Income

    End of Fed's Bond-Buying Program: 7 ...

Hot Definitions
  1. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  2. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
  3. Wage-Price Spiral

    A macroeconomic theory to explain the cause-and-effect relationship between rising wages and rising prices, or inflation. ...
  4. Accelerated Depreciation

    Any method of depreciation used for accounting or income tax purposes that allows greater deductions in the earlier years ...
  5. Call Risk

    The risk, faced by a holder of a callable bond, that a bond issuer will take advantage of the callable bond feature and redeem ...
  6. Parity Price

    When the price of an asset is directly linked to another price. Examples of parity price are: 1. Convertibles - the price ...
Trading Center