MONACO

Principality of Monaco Principauté de Monaco CAPITAL: The seat of government is at Monaco-Ville. FLAG: The national flag consists of a red horizontal stripe above a white horizontal stripe. ANTHEM: Hymne Monégasque, beginning “Principauté Monaco, ma patrie” (“Principality of Monaco, my fatherland”). MONETARY UNIT: Monaco uses the euro and all monetary restrictions in effect in France apply also in Monaco. The euro is divided into 100 cents. There are coins in denominations of 1, 2, 5, 10, 20, and 50 cents and 1 euro and 2 euros. There are notes of 5, 10, 20, 50, 100, 200, and 500 euros. As of May 2003, €1 = $1.0977 (or $1 = €0.911). Monégasque coins also circulate; denominations are 10, 20, and 50 centimes, and 1, 2, 5, 10, and 50 francs. Fr1 = $0.17699 (or $1 = Fr5.65) as of May 2003. WEIGHTS AND MEASURES: The metric system is the legal standard. HOLIDAYS: New Year’s Day, 1 January; St. Dévôte, 27 January; Labor Day, 1 May; Assumption, 15 August; All Saints’ Day, 1 November; National Day, 19 November; Immaculate Conception, 8 December; Christmas, 25 December. Movable religious holidays include Easter Monday, Ascension, Pentecost Monday, and Fête-Dieu. TIME: 1 PM = noon GMT.