Occitan (local currency)
Occitan is a community currency started in 2010[1][2] in Pézenas, Languedoc-Roussillon, France. It is named after the Occitan language.
The Occitan program is intended to promote local commerce. The Occitan operates with a fixed exchange rate: 1 Occitan = €1. There is a fixed commission of 4% for members (shops) and 6% for individuals.[3]
Creation and objectives
[edit]An initiative of a local shopkeeper organization, ACA, the Occitan is intended to stimulate of local economy.
Currency issue, exchange and acceptance
[edit]They have a 1-year validity.
Bills of 1, 2, 5, and 10 Occitans are issued. They feature an Occitan cross and the portrait of Molière who started his career in Pézenas.
To maintain an individual bill's validity, a "scrip" corresponding to 2% of the banknote value must be paid every six months. This system, called demurrage, is a form of currency circulation tax and was invented by Silvio Gesell.[citation needed]
See also
[edit]
References
[edit]- ^ ACAI Office (29 November 2009). "Pézenas: Une nouvelle monnaie locale, l'Occitan" [Pézenas: A new local currency, the Occitan]. Herault Tribune. Retrieved 26 May 2025.
- ^ "L'occitan a espelit a Pesenàs", in Anem! Occitans!, 133, June:July/August 2010, p. 5 (ISSN 2105-620X)
- ^ Official website[dead link]