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Currency of Saint Pierre and Miquelon


Between 1890 and 1965, the islanders used the Canadian dollar, and the Saint Pierre and Miquelon franc, which was equal to the French franc until 1945, then to the CFA franc between 1945 and 1960, and then to the French new franc until 1965, when the French franc was established.


Since 2002, the French franc has been replaced with the euro. The Canadian dollar is widely accepted and used, although its use is unofficial, arising from the territory’s proximity to, and necessity for trade with, Canada.