Navassa Island
Certainly! Here is an expanded and detailed financial history report of Île de Clipperton in International English, incorporating the historical and contextual information from the search results:
Comprehensive Financial History Report of Île de Clipperton
Basic Information
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Country ISO Code: None (unincorporated French overseas territory)
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Official Language: French
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Language ISO Code: fr
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Current Official Currency: Euro
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Currency ISO Code: EUR
Geographic and Historical Context
Île de Clipperton is a small, uninhabited coral atoll in the northeastern Pacific Ocean, approximately 1300 km southwest of Mexico. It covers about 2 km² of land area with an internal lagoon of 7 km². The island is low-lying, with its highest point reaching only 29 meters above sea level.
Historically, the island was named after John Clipperton, an English pirate active in the early 18th century, who reportedly used the island as a hideout. The island was also known as "Isle of Passion" after French sailors discovered it in the early 18th century.
The island has a tragic history of contested sovereignty and harsh living conditions for its temporary inhabitants. It was claimed by the United States in 1856 under the Guano Islands Act due to its rich guano deposits, valuable as fertilizer. Subsequently, France and Mexico also claimed the island, leading to disputes and temporary occupations.
An international arbitration in 1931, under the King of Italy and the Permanent Court of Arbitration at The Hague, recognized French sovereignty over Île de Clipperton. Mexico formally recognized this sovereignty in 1959.
During World War II, the United States briefly occupied the island but returned it to France in 1945 following French protests.
Monetary History
Current Official Currency: Euro (EUR)
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ISO Code: EUR
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Name (singular): Euro
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Name (plural): Euros
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Subdivision: 1 Euro = 100 cents
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Fraction Name (singular): Cent
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Fraction Name (plural): Cents
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Date of Introduction: January 1, 1999 (electronic), with coins and banknotes circulating since 2002
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Mint: Produced by various European mints, including the Monnaie de Paris (France)
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Issuing Authority: European Central Bank (ECB)
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Coin Denominations: 1, 2, 5, 10, 20, 50 cents; 1 and 2 euros
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Banknote Denominations: 5, 10, 20, 50, 100, 200, 500 euros
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Designs / Symbols:
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Coins feature a common European side and a French national side with symbols like La Semeuse (The Sower) or Marianne.
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Banknotes depict European architectural styles and bear signatures of the ECB president.
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Status: Active; the official currency used in all French territories, including Île de Clipperton.
Historical Currencies
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French Franc (FRF):
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Used prior to the adoption of the euro in 1999.
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No specific issuance for Île de Clipperton; standard French francs circulated.
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Withdrawn from circulation by 2002.
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United States Dollar (USD):
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Although the U.S. claimed the island under the Guano Islands Act in 1856, there is no record of local currency issuance.
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The island’s monetary history is tied to the currencies of the administering powers, primarily France since 1931.
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Economic and Monetary Context
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Île de Clipperton has never had a permanent population or local economy.
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The island’s main historical economic activity was guano mining in the late 19th and early 20th centuries, involving temporary settlements.
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The harsh living conditions, isolation, and political disputes led to abandonment and lack of sustained economic development.
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Today, the island is a French possession under the Ministry of Overseas France, with no permanent inhabitants.
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Economic activity is limited to fishing in surrounding waters.
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Monetary transactions, if any, would use the euro, consistent with French overseas territories.
Additional Information
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Issuing Authority: European Central Bank via France.
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Monetary Legislation: Subject to French and European Union monetary laws.
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Commemorative Issues: None specific to Île de Clipperton.
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Signatures on Banknotes: President and Director-General of the ECB.
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Symbols Honored: European classical figures and French national symbols.
Summary Table
| Currency | ISO Code | Status | Circulation Period | Issuing Authority | Main Denominations |
|---|---|---|---|---|---|
| Euro | EUR | Active | Since 1999 (banknotes since 2002) | European Central Bank | Coins: 1c, 2c, 5c, 10c, 20c, 50c, 1€, 2€ Banknotes: 5€, 10€, 20€, 50€, 100€, 200€, 500€ |
| French Franc | FRF | Withdrawn | Until 2002 | Banque de France | Coins and banknotes in French francs |
This report provides a complete monetary history of Île de Clipperton, reflecting its status as an uninhabited French territory that uses the euro exclusively as its official currency, without any local currency issuance or monetary system.
Please let me know if you would like this report translated into Brazilian Portuguese or if you want to proceed with another country!
- https://www.megacurioso.com.br/estilo-de-vida/128841-ilha-de-clipperton-o-passado-tragico-da-ilha-mexicana-disputada-por-varios-paises.htm
- https://www.youtube.com/watch?v=ay11sobYV2Q
- https://pt.wikipedia.org/wiki/Ilha_de_Clipperton
- https://www.tiktok.com/@o_curiologia/video/7273964576117378309
- https://www.youtube.com/watch?v=N9eslFw-1Dk
- https://g1.globo.com/natureza/noticia/como-e-a-enigmatica-e-rica-regiao-no-meio-do-oceano-pacifico-que-pode-redefinir-o-futuro-da-mineracao.ghtml
- https://g1.globo.com/mundo/noticia/2021/01/30/as-ocultas-marcas-deixadas-pelo-homem-no-leito-mais-profundo-do-oceano.ghtml
- https://www.reddit.com/r/geography/comments/11aposr/whats_up_with_this_island_belonging_to_france/?tl=pt-br
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