New France livre

From Wikipedia, the free encyclopedia

The livre was the currency of New France, the French colonies of North America. It was subdivided into 20 sous, each of 12 deniers. At times, the livre was equal to the French livre, at other times it was worth less than the French currency due to French coins being given higher values than their face value in order to discourage melting of the coins for their bullion content.

The New France currency was distinguished by the extensive use of paper money in the form of "card money", simple notes, hand written on the back of playing cards. The first card money was issued in 1685. Paper money called ordonnances were also issued, starting in 1722. Both kinds of paper money lost their value following the British conquest of New France, with the pound and dollar replacing them.

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