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20 years of the euro: one in two French people continues to convert prices into francs

2021-12-17T14:41:14.583Z


Two decades after its introduction, the euro has won over a majority of French people, but some of them confide in having kept the refle


Do you go to the washing machine section of an appliance store?

Raise your head and observe around you: more than half of the customers who are about to make a new acquisition have converted or will convert the sum of their future property into francs.

Twenty years have passed since the changeover to the euro, but the reflexes are still there, and that good old franc hasn't quite gone away, according to a YouGov poll for MoneyVox.

According to this survey, 51% of French people continue to convert the prices of the products they are about to buy.

While 13% say they do it "often" and 33% more occasionally, 5% of those questioned say they do this conversion systematically.

An attachment created over two decades

Of course, the age of the respondents is a determining factor: admit converting people 45 and over, who at the time were at least 25 years old, into francs.

They are 60% - "respectively 57% of 45-54 years and 59% of over 55 years", details MoneyVox, to convert their purchases regularly or occasionally.

The 15-24 year olds of the time, now aged 35 to 44, also mostly (52%) used the franc for comparison.

An insane reflex for 18-24 year olds, some of whom were not yet born.

Read alsoThe euro is 20 years old: were the fears about the single currency justified?

This YouGov poll also shows a certain attachment of the French to the euro, since 56% of them are opposed to the abolition of the single European currency.

Attached to the euro, yes, but suspicious: more than three quarters of those polled believe that this new currency has caused product prices to soar.

51% of those polled are also "completely" convinced that the euro has played a role in inflation.

But the fact remains that 54% of them would oppose a return to the franc.

Proof that these conversion reflexes are not necessarily a sign of nostalgia.

Source: leparis

All business articles on 2021-12-17

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