The assignat was a paper bill issued by France between 1789 and 1796, during the French Revolution (1789-1799). First issued in the form of bonds, the assignat was meant to stimulate France's economy as a quick means to pay off national debt. Yet, assignats soon devolved into a paper currency, the mass production of which led to inflation and depreciation.

More about: Assignat


  • 1789 - 1796
    Assignats are issued in France.
  • 19 Feb 1796
    The assignat currency is discontinued in Revolutionary France; replaced with the mandat.