Monaco - Money



As an integral part of the French monetary and banking system, the country has a balanced budget with revenues of US$518 million and expenditures of US$531 million, including capital expenditures (1995 est.).

Recent exchange rates for the euro per US$1 are 1.1 (February 2001), 1.20 (November 2000), 0.99 (January 2000), and 0.94 (1999). French francs (F) were exchanged at a rate of F7.22 (August 1999), 6.16 (1999 average), 5.65 (January 1999), 5.8995 (1998), 5.8367 (1997), 5.1155 (1996), and 4.9915 (1995) per US$1.

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