Basic Country Data:
Country ISO Code: LU
Official Language: Luxembourgish (Lëtzebuergesch)
Language ISO Code: lb
Current Official Currency: Euro
Current Currency ISO Code: EUR

Luxembourgish Franc (LUF) — Historical Currency

ISO Code: LUF
Singular Name: Luxembourgish franc
Plural Name: Luxembourgish francs
Monetary Subdivision: 1 franc = 100 centimes
Subdivision Name Singular: centime
Subdivision Name Plural: centimes
Initial Production Date: 1854
Final Production Date: 2002
Initial Circulation Date: 1854
Final Circulation Date: February 28, 2002
Mint: Coins produced jointly with Belgium (no independent mint)
Issuing Bank: Central Bank of Luxembourg
Coin Denominations: 1, 5, 20, 50 francs
Banknote Denominations: 10, 20, 50, 100, 200, 500 francs
Designs / Symbols:

• Featured national symbols and effigies of Luxembourgish historical figures.

• Circulated alongside Belgian franc during the Belgium-Luxembourg Economic Union (BLEU).
  Economic Historical Context:

• Served as the official currency for nearly 150 years, reflecting Luxembourg’s economic autonomy.

• Officially replaced by the euro in 2002 after a transition period starting in 1999.
  Current Circulation Status: no longer in circulation since 2002
  Issuing Authority: Central Bank of Luxembourg
  Relevant Legislation: BLEU agreements, European Union treaties, European Central Bank regulations

Euro (EUR) — Current Official Currency

ISO Code: EUR
Singular Name: euro
Plural Name: euros
Monetary Subdivision: 1 euro = 100 cents
Subdivision Name Singular: cent
Subdivision Name Plural: cents
Initial Production Date: 1999 (electronic), 2002 (physical)
Initial Circulation Date in Luxembourg: January 1, 2002
Final Production Date: ongoing
Final Circulation Date: currently in circulation
Mint: Produced in the Netherlands (Utrecht Mint)
Issuing Bank: European Central Bank and Central Bank of Luxembourg
Coin Denominations: 1, 2, 5, 10, 20, 50 cents; 1 and 2 euros
Banknote Denominations: 5, 10, 20, 50, 100, 200, 500 euros (500 euro note no longer issued since 2019)
Designs / Symbols:

• Coins feature the effigy of Grand Duke Henri, country name in Luxembourgish (“Lëtzebuerg”), year of issue, and the 12 stars of the European Union.

• Coin design by Yvette Gastauer-Claire shows Grand Duke Henri superimposed on former Grand Duke Adolphe’s effigy with inscriptions.

• Banknotes follow the common European design without national images.
  Economic Historical Context:

• Euro adoption strengthened economic integration with the EU and provided monetary stability.

• Commemorative coins issued to mark historical events and Grand Ducal family milestones.
  Current Circulation Status: active and widely used throughout the country
  Issuing Authority: European Central Bank and Central Bank of Luxembourg
  Relevant Legislation: EU treaties, ECB regulations, national legislation
  Signatories on Banknotes: President and Vice-President of the European Central Bank
  Persons Honored on Coins and Banknotes: Grand Duke Henri, former Grand Duke Adolphe, members of the Grand Ducal family

This report provides a complete financial history of Luxembourg, highlighting the Luxembourgish franc as the historical currency and the euro as the current official currency, including details on coins, banknotes, designs, historical context, and current status.