Uncovering the Mystery of Belgian Franc Notes Still in Circulation – 2024 Update

2024-01-08 16:34:38

Like every year in January, the National Bank draws up accounts of the Belgian franc notes still in circulation.

As of January 1, 2024, a little more than 50 million Belgian franc notes, 50,059,717 notes precisely, have still not returned to the national bank. This represents 15.9% of the 314 million (314,202,276) banknotes which were in circulation at the end of 2001, on the eve of the arrival of the euro.

All of these almost 50 million banknotes still in the wild represent a total value of more than 422 million euros (€422,104,174). At the end of 2001, there was the equivalent of just over 9.6 billion euros in circulation in the form of Belgian franc notes. There is therefore only 4.4% of this sum left in drawers or lost forever.

For most notes (100 F, 200 F, 500 F, 1000 F, 2000 F, 10,000 F), the percentage of notes returned fluctuates between 70.9% (for 100 F notes) and 98.8% ( for 10,000 F notes).

Curiously, only 29.1% of 5000 F notes were exchanged at the National Bank. 70.9% of these tickets are therefore in the wild, for a total amount equivalent to 80.8 million euros. It should be noted that the last series of Belgian franc notes no longer included 5000 franc notes. In older series, 5000 franc notes bearing the image of Guido Gezelle or Vesalius have increased in value.

Old Belgian franc notes issued by the National Bank since 1944 can still be exchanged, without time limit, at the National Bank counters, except for 20 F and 50 F notes, issued by the Treasury. On the other hand, no Belgian coins can anymore be exchanged. The equivalent of 188 million euros in Belgian franc coins is lost forever.

Related Articles:  Goldman Sachs cuts US growth forecasts after the banking crisis

1704740414
#Fifty #million #Belgian #franc #notes #wild..

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.