The information on this site is subject to a disclaimer and a copyright notice . December 1998 on the position to be taken by the Community regarding an agreement concerning the monetary relations with Vatican. France has particular monetary links with Monaco which are based on various legal instruments and whereby notes and coins issued by France are legal tender in Monaco.
Coins issued by Monaco have legal tender only there.
Monaco does not have a currency or central bank of its own. They also participate in certain French payment systems on the same terms. Similarly, they are subject to the same minimum reserve and statistical reporting obligations. They are also supervised by the competent French authorities. Gold coins issued by San Marino have the same shape, size and composition as coins circulating in Italy.