Luxembourgish Franc - Use of Belgian Franc

Use of Belgian Franc

Between 1944 and 2002, 1 Luxembourg franc was equal to 1 Belgian franc. Belgian francs were legal tender inside Luxembourg and Luxembourg francs were legal tender in Belgium. Nevertheless, payment with Luxembourg banknotes were commonly denied by shopkeepers in Belgium, either by ignorance or by fear that their other customers would refuse the banknotes (again, either by ignorance or fear of being denied payment with it later), forcing them to go through the hassle of a trip to their bank to redeem the value of the banknote.

With a few early exceptions, the coins were identical in size, shape and composition. Although they had distinct designs, the coins circulated in both Luxembourg and Belgium.