Send Money to France with CurrencyFair
France is a popular location for expats who want to retire in style – but there’s still the issue of getting your pension sent from the UK to your French bank account each month, and the banks traditionally have a stranglehold on this.
With hidden fees and a juicy cut of the exchange rate, they don’t make it easy for people to transfer money to France.
How To Send Money To France
How CurrencyFair Can Help You Transfer Money to France
Our new currency converter calculator shows the actual live rates to convert GBP to EUR right now! So, if sending money to France is turning you off your dream retirement, or that property in the sun, we can help.
History of French Currency
France adopted the euro for accounting purposes in 1999. In 2002, it was also adopted for coins and banknotes. Prior to this, the French currency was the franc. A popular currency, the French franc was a commonly held international reserve currency throughout both the 19th and 20th centuries.
Interestingly, before the euro, the French franc was also the de facto currency used in Andorra (alongside the Spanish peseta). However, both currencies were replaced by the euro in 1999.
After the cut-off date for exchanging banknotes for the new euro currency in 2012, it was estimated that €550m were not exchanged, with the French government registering this sum as revenue.
Read our full guide to the Euro here → Guide to the Euro