Economics & Business - Markets and money - Historical currencies - French livre - Sous - France
How many sous were traditionally equivalent to one French livre?
Correct!
The livre was a central French unit of account for many centuries. Traditionally, 1 livre = 20 sous = 240 deniers; a sou corresponded to 12 deniers. The system goes back to the medieval coin system and was originally based on a unit of weight for silver. It is noteworthy that for a long time the livre was primarily a unit of account and did not necessarily correspond to an actually existing one-livre coin. It was only with the French Revolution that this centuries-old system was finally replaced by the decimal franc system.
Traditionally, a French livre was equivalent to 20 sous or 240 deniers.
