Month Thousands Of Francs 1876-01-01 -54569 1876-02-01 -67903 1876-03-01 -67176 1876-04-01 -47651 1876-05-01 -52076 1876-06-01 -60401 1876-07-01 -44255 1876-08-01 -36413 1876-09-01 116 1876-10-01 -27796 1876-11-01 -27640 1876-12-01 -17889 1877-01-01 -50760 1877-02-01 -47656 1877-03-01 -34115 1877-04-01 -16269 1877-05-01 -75907 1877-06-01 -26930 1877-07-01 -31110 1877-08-01 -12828 1877-09-01 -87132 1877-10-01 -12411 1877-11-01 -12921 1877-12-01 -27697 1878-01-01 -15607 1878-02-01 -13328 1878-03-01 -25333 1878-04-01 -39541 1878-05-01 -33788 1878-06-01 -45169 1878-07-01 -46664 1878-08-01 -25662 1878-09-01 771 1878-10-01 37571 1878-11-01 -8017 1878-12-01 -21637 1879-01-01 -9824 1879-02-01 -10084 1879-03-01 851 1879-04-01 -10073 1879-05-01 -4515 1879-06-01 209 1879-07-01 -5558 1879-08-01 -7320 1879-09-01 15661 1879-10-01 132836 1879-11-01 47388 1879-12-01 11389 1880-01-01 1504 1880-02-01 -5009 1880-03-01 -9018 1880-04-01 23488 1880-05-01 24581 1880-06-01 9641 1880-07-01 13967 1880-08-01 -5650 1880-09-01 2058 1880-10-01 24098 1880-11-01 62019 1880-12-01 71443 1881-01-01 3123 1881-02-01 1062 1881-03-01 -14506 1881-04-01 7742 1881-05-01 -5948 1881-06-01 -15305 1881-07-01 -11919 1881-08-01 -11820 1881-09-01 6602 1881-10-01 3854 1881-11-01 21163 1881-12-01 5562 1882-01-01 -18763 1882-02-01 -115696 1882-03-01 -3597 1882-04-01 6492 1882-05-01 -404 1882-06-01 -10879 1882-07-01 -14201 1882-08-01 -30251 1882-09-01 2767 1882-10-01 39466 1882-11-01 15550 1882-12-01 38143 1883-01-01 5798 1883-02-01 1097 1883-03-01 33 1883-04-01 175 1883-05-01 -3516 1883-06-01 1450 1883-07-01 2843 1883-08-01 23759 1883-09-01 11549 1883-10-01 13041 1883-11-01 7808 1883-12-01 6257 1884-01-01 -5543 1884-02-01 -10437 1884-03-01 -4138 1884-04-01 -2399 1884-05-01 -14938 1884-06-01 -5525 1884-07-01 -1829 1884-08-01 -5620 1884-09-01 -3912 1884-10-01 -11476 1884-11-01 6999 1884-12-01 13269 1885-01-01 21294 1885-02-01 1139 1885-03-01 15209 1885-04-01 -62642 1885-05-01 -2709 1885-06-01 -20752 1885-07-01 -12630 1885-08-01 -15240 1885-09-01 -5108 1885-10-01 8804 1885-11-01 4551 1885-12-01 25586 1886-01-01 10875 1886-02-01 -10084 1886-03-01 -13357 1886-04-01 -51912 1886-05-01 -80613 1886-06-01 -28413 1886-07-01 96 1886-08-01 11450 1886-09-01 3093 1886-10-01 7965 1886-11-01 32108 1886-12-01 55988 1887-01-01 33425 1887-02-01 4898 1887-03-01 5687 1887-04-01 9715 1887-05-01 -3244 1887-06-01 -3085 1887-07-01 -766 1887-08-01 1883 1887-09-01 19209 1887-10-01 20409 1887-11-01 19911 1887-12-01 56868 1888-01-01 6183 1888-02-01 -3813 1888-03-01 9212 1888-04-01 28147 1888-05-01 -7332 1888-06-01 -4764 1888-07-01 -2373 1888-08-01 4133 1888-09-01 17615 1888-10-01 27313 1888-11-01 6489 1888-12-01 10549 1889-01-01 -3747 1889-02-01 3389 1889-03-01 1125 1889-04-01 -7079 1889-05-01 -351 1889-06-01 -67443 1889-07-01 -102843 1889-08-01 -20399 1889-09-01 -48165 1889-10-01 11235 1889-11-01 15455 1889-12-01 10599 1890-01-01 6682 1890-02-01 8346 1890-03-01 1761 1890-04-01 -16008 1890-05-01 -15324 1890-06-01 -4884 1890-07-01 -339 1890-08-01 10903 1890-09-01 27231 1890-10-01 34204 1890-11-01 81796 1890-12-01 -1248 1891-01-01 -5687 1891-02-01 -76658 1891-03-01 3169 1891-04-01 -9490 1891-05-01 -19765 1891-06-01 -38878 1891-07-01 -48568 1891-08-01 12581 1891-09-01 41667 1891-10-01 17242 1891-11-01 2071 1891-12-01 -4763 1892-01-01 -12553 1892-02-01 -14078 1892-03-01 -115 1892-04-01 -31631 1892-05-01 -55074 1892-06-01 -54118 1892-07-01 -18461 1892-08-01 -39492 1892-09-01 -32227 1892-10-01 -318 1892-11-01 1204 1892-12-01 -19565 1893-01-01 -45549 1893-02-01 -47535 1893-03-01 -48680 1893-04-01 -2897 1893-05-01 -22243 1893-06-01 -15372 1893-07-01 -3117 1893-08-01 13102 1893-09-01 13301 1893-10-01 -31220 1893-11-01 5596 1893-12-01 -3986 1894-01-01 -9177 1894-02-01 -2078 1894-03-01 -9919 1894-04-01 -9500 1894-05-01 -11 1894-06-01 -27433 1894-07-01 -60070 1894-08-01 -48758 1894-09-01 -19348 1894-10-01 -23698 1894-11-01 -85677 1894-12-01 -58273 1895-01-01 -61497 1895-02-01 -39841 1895-03-01 -28204 1895-04-01 43774 1895-05-01 3971 1895-06-01 -1985 1895-07-01 -11609 1895-08-01 -18372 1895-09-01 -3121 1895-10-01 55299 1895-11-01 20142 1895-12-01 31949 1896-01-01 -1249 1896-02-01 -2594 1896-03-01 -9834 1896-04-01 -11254 1896-05-01 -19478 1896-06-01 -52418 1896-07-01 -53124 1896-08-01 -20365 1896-09-01 95826 1896-10-01 36656 1896-11-01 16924 1896-12-01 30965 1897-01-01 -5145 1897-02-01 -8505 1897-03-01 -6712 1897-04-01 -3998 1897-05-01 -12913 1897-06-01 -52464 1897-07-01 -27263 1897-08-01 -7297 1897-09-01 -51799 1897-10-01 28891 1897-11-01 389 1897-12-01 -12037 1898-01-01 -14474 1898-02-01 -12517 1898-03-01 -4140 1898-04-01 548 1898-05-01 87536 1898-06-01 30346 1898-07-01 -12111 1898-08-01 18905 1898-09-01 -5203 1898-10-01 21168 1898-11-01 1992 1898-12-01 1749 1899-01-01 -25603 1899-02-01 -18725 1899-03-01 -5439 1899-04-01 -876 1899-05-01 -14017 1899-06-01 -6396 1899-07-01 -41394 1899-08-01 -14521 1899-09-01 -43594 1899-10-01 2280 1899-11-01 20609 1899-12-01 -9183 1900-01-01 -31846 1900-02-01 -11431 1900-03-01 -16276 1900-04-01 -18149 1900-05-01 -27427 1900-06-01 -39099 1900-07-01 -65976 1900-08-01 -70570 1900-09-01 -5729 1900-10-01 -6137 1900-11-01 -73 1900-12-01 -40830 1901-01-01 -39119 1901-02-01 -22359 1901-03-01 -41833 1901-04-01 -3059 1901-05-01 -21373 1901-06-01 -20043 1901-07-01 -43983 1901-08-01 11051 1901-09-01 33165 1901-10-01 -15003 1901-11-01 -56625 1901-12-01 -64801 1902-01-01 -15876 1902-02-01 -28138 1902-03-01 -86411 1902-04-01 -43868 1902-05-01 -7112 1902-06-01 -10665 1902-07-01 -47724 1902-08-01 -37157 1902-09-01 -6854 1902-10-01 -10902 1902-11-01 -7595 1902-12-01 -11184 1903-01-01 -18102 1903-02-01 -31557 1903-03-01 -16698 1903-04-01 -2474 1903-05-01 -2074 1903-06-01 -33327 1903-07-01 -95588 1903-08-01 -10455 1903-09-01 14443 1903-10-01 15341 1903-11-01 -5996 1903-12-01 2118 1904-01-01 -5575 1904-02-01 -2960 1904-03-01 -27571 1904-04-01 -48343 1904-05-01 -265212 1904-06-01 -129727 1904-07-01 3996 1904-08-01 17308 1904-09-01 19253 1904-10-01 -5236 1904-11-01 -52730 1904-12-01 -36948 1905-01-01 -40931 1905-02-01 -73649 1905-03-01 -90904 1905-04-01 -31814 1905-05-01 -5577 1905-06-01 -94446 1905-07-01 -80653 1905-08-01 -46430 1905-09-01 -154793 1905-10-01 13086 1905-11-01 -7093 1905-12-01 -34950 1906-01-01 -54167 1906-02-01 -31762 1906-03-01 -77815 1906-04-01 -94059 1906-05-01 26460 1906-06-01 -11091 1906-07-01 -22670 1906-08-01 -18294 1906-09-01 275 1906-10-01 -3842 1906-11-01 -426 1906-12-01 16905 1907-01-01 13667 1907-02-01 -900 1907-03-01 23353 1907-04-01 -17032 1907-05-01 -37685 1907-06-01 -58108 1907-07-01 -127343 1907-08-01 -23099 1907-09-01 -26036 1907-10-01 -42056 1907-11-01 21363 1907-12-01 -15982 1908-01-01 -28313 1908-02-01 -74201 1908-03-01 -39927 1908-04-01 -78405 1908-05-01 -162039 1908-06-01 -115344 1908-07-01 -67660 1908-08-01 -52149 1908-09-01 -56534 1908-10-01 -96806 1908-11-01 -91726 1908-12-01 -131020 1909-01-01 -107462 1909-02-01 -35254 1909-03-01 -140 1909-04-01 -37013 1909-05-01 -54305 1909-06-01 -37347 1909-07-01 -12773 1909-08-01 -9129 1909-09-01 42746 1909-10-01 21003 1909-11-01 28677 1909-12-01 18962 1910-01-01 -30785 1910-02-01 -27993 1910-03-01 20433 1910-04-01 2125 1910-05-01 -3437 1910-06-01 7936 1910-07-01 -4022 1910-08-01 -12419 1910-09-01 -6376 1910-10-01 3313 1910-11-01 7931 1910-12-01 -14613 1911-01-01 -14971 1911-02-01 -9280 1911-03-01 9759 1911-04-01 7952 1911-05-01 15156 1911-06-01 -7502 1911-07-01 22455 1911-08-01 303 1911-09-01 -8043 1911-10-01 -72021 1911-11-01 -46721 1911-12-01 -22204 1912-01-01 -13831 1912-02-01 -14209 1912-03-01 -12091 1912-04-01 -4133 1912-05-01 -3377 1912-06-01 -6750 1912-07-01 -42155 1912-08-01 -4404 1912-09-01 -7866 1912-10-01 -28338 1912-11-01 -6771 1912-12-01 -25726 1913-01-01 -37171 1913-02-01 -27629 1913-03-01 -44053 1913-04-01 -21114 1913-05-01 -46946 1913-06-01 -26301 1913-07-01 -36131 1913-08-01 -42701 1913-09-01 -96982 1913-10-01 -45126 1913-11-01 -49476 1913-12-01 -37757 1914-01-01 -41431 1914-02-01 -58882 1914-03-01 -35683 1914-04-01 -32951 1914-05-01 -70591 1914-06-01 -270422 1914-07-01 -179054 1914-08-01 -81283 1914-09-01 -2146 1915-01-01 -54569 1915-02-01 -67903 1915-03-01 -67176 1915-04-01 -47651 1915-05-01 -52076 1915-06-01 -60401 1915-07-01 -44255 1915-08-01 -36413 1915-09-01 116 1915-10-01 -27796 1915-11-01 -27640 1915-12-01 -17889 1916-01-01 -50760 1916-02-01 -47656 1916-03-01 -34115 1916-04-01 -16269 1916-05-01 -75907 1916-06-01 -26930 1916-07-01 -31110 1916-08-01 -12828 1916-09-01 -87132 1916-10-01 -12411 1916-11-01 -12921 1916-12-01 -27697 1917-01-01 -15607 1917-02-01 -13328 1917-03-01 -25333 1917-04-01 -39541 1917-05-01 -33788 1917-06-01 -45169 1917-07-01 -46664 1917-08-01 -25662 1917-09-01 771 1917-10-01 37571 1917-11-01 -8017 1917-12-01 -21637 1918-01-01 -9824 1918-02-01 -10084 1918-03-01 851 1918-04-01 -10073 1918-05-01 -4515 1918-06-01 209 1918-07-01 -5558 1918-08-01 -7320 1918-09-01 15661 1918-10-01 132836 1918-11-01 47388 1918-12-01 11389 1919-01-01 1504 1919-02-01 -5009 1919-03-01 -9018 1919-04-01 23488 1919-05-01 24581 1919-06-01 9641 1919-07-01 13967 1919-08-01 -5650 1919-09-01 2058 1919-10-01 24098 1919-11-01 62019 1919-12-01 71443 1920-01-01 3123 1920-02-01 1062 1920-03-01 -14506 1920-04-01 7742 1920-05-01 -5948 1920-06-01 -15305 1920-07-01 -11919 1920-08-01 -11820 1920-09-01 6602 1920-10-01 3854 1920-11-01 21163 1920-12-01 5562 1921-01-01 -18763 1921-02-01 -115696 1921-03-01 -3597 1921-04-01 6492 1921-05-01 -404 1921-06-01 -10879 1921-07-01 -14201 1921-08-01 -30251 1921-09-01 2767 1921-10-01 39466 1921-11-01 15550 1921-12-01 38143 1922-01-01 5798 1922-02-01 1097 1922-03-01 33 1922-04-01 175 1922-05-01 -3516 1922-06-01 1450 1922-07-01 2843 1922-08-01 23759 1922-09-01 11549 1922-10-01 13041 1922-11-01 7808 1922-12-01 6257 1923-01-01 -5543 1923-02-01 -10437 1923-03-01 -4138 1923-04-01 -2399 1923-05-01 -14938 1923-06-01 -5525 1923-07-01 -1829 1923-08-01 -5620 1923-09-01 -3912 1923-10-01 -11476 1923-11-01 6999 1923-12-01 13269 1924-01-01 21294 1924-02-01 1139 1924-03-01 15209 1924-04-01 -62642 1924-05-01 -2709 1924-06-01 -20752 1924-07-01 -12630 1924-08-01 -15240 1924-09-01 -5108 1924-10-01 8804 1924-11-01 4551 1924-12-01 25586 1925-01-01 10875 1925-02-01 -10084 1925-03-01 -13357 1925-04-01 -51912 1925-05-01 -80613 1925-06-01 -28413 1925-07-01 96 1925-08-01 11450 1925-09-01 3093 1925-10-01 7965 1925-11-01 32108 1925-12-01 55988 1926-01-01 33425 1926-02-01 4898 1926-03-01 5687 1926-04-01 9715 1926-05-01 -3244 1926-06-01 -3085 1926-07-01 -766 1926-08-01 1883 1926-09-01 19209 1926-10-01 20409 1926-11-01 19911 1926-12-01 56868 1927-01-01 6183 1927-02-01 -3813 1927-03-01 9212 1927-04-01 28147 1927-05-01 -7332 1927-06-01 -4764 1927-07-01 -2373 1927-08-01 4133 1927-09-01 17615 1927-10-01 27313 1927-11-01 6489 1927-12-01 10549 1928-01-01 -3747 1928-02-01 3389 1928-03-01 1125 1928-04-01 -7079 1928-05-01 -351 1928-06-01 -67443 1928-07-01 -102843 1928-08-01 -20399 1928-09-01 -48165 1928-10-01 11235 1928-11-01 15455 1928-12-01 10599 1929-01-01 6682 1929-02-01 8346 1929-03-01 1761 1929-04-01 -16008 1929-05-01 -15324 1929-06-01 -4884 1929-07-01 -339 1929-08-01 10903 1929-09-01 27231 1929-10-01 34204 1929-11-01 81796 1929-12-01 -1248 1930-01-01 -5687 1930-02-01 -76658 1930-03-01 3169 1930-04-01 -9490 1930-05-01 -19765 1930-06-01 -38878 1930-07-01 -48568 1930-08-01 12581 1930-09-01 41667 1930-10-01 17242 1930-11-01 2071 1930-12-01 -4763 1931-01-01 -12553 1931-02-01 -14078 1931-03-01 -115 1931-04-01 -31631 1931-05-01 -55074 1931-06-01 -54118 1931-07-01 -18461 1931-08-01 -39492 1931-09-01 -32227 1931-10-01 -318 1931-11-01 1204 1931-12-01 -19565 1932-01-01 -45549 1932-02-01 -47535 1932-03-01 -48680 1932-04-01 -2897 1932-05-01 -22243 1932-06-01 -15372 1932-07-01 -3117 1932-08-01 13102 1932-09-01 13301 1932-10-01 -31220 1932-11-01 5596 1932-12-01 -3986 1933-01-01 -9177 1933-02-01 -2078 1933-03-01 -9919 1933-04-01 -9500 1933-05-01 -11 1933-06-01 -27433 1933-07-01 -60070 1933-08-01 -48758 1933-09-01 -19348 1933-10-01 -23698 1933-11-01 -85677 1933-12-01 -58273 1934-01-01 -61497 1934-02-01 -39841 1934-03-01 -28204 1934-04-01 43774 1934-05-01 3971 1934-06-01 -1985 1934-07-01 -11609 1934-08-01 -18372 1934-09-01 -3121 1934-10-01 55299 1934-11-01 20142 1934-12-01 31949 1935-01-01 -1249 1935-02-01 -2594 1935-03-01 -9834 1935-04-01 -11254 1935-05-01 -19478 1935-06-01 -52418 1935-07-01 -53124 1935-08-01 -20365 1935-09-01 95826 1935-10-01 36656 1935-11-01 16924 1935-12-01 30965 1936-01-01 -5145 1936-02-01 -8505 1936-03-01 -6712 1936-04-01 -3998 1936-05-01 -12913 1936-06-01 -52464 1936-07-01 -27263 1936-08-01 -7297 1936-09-01 -51799 1936-10-01 28891 1936-11-01 389 1936-12-01 -12037 1937-01-01 -14474 1937-02-01 -12517 1937-03-01 -4140 1937-04-01 548 1937-05-01 87536 1937-06-01 30346 1937-07-01 -12111 1937-08-01 18905 1937-09-01 -5203 1937-10-01 21168 1937-11-01 1992 1937-12-01 1749 1938-01-01 -25603 1938-02-01 -18725 1938-03-01 -5439 1938-04-01 -876 1938-05-01 -14017 1938-06-01 -6396 1938-07-01 -41394 1938-08-01 -14521 1938-09-01 -43594 1938-10-01 2280 1938-11-01 20609 1938-12-01 -9183 1939-01-01 -31846 1939-02-01 -11431 1939-03-01 -16276 1939-04-01 -18149 1939-05-01 -27427 1939-06-01 -39099 1939-07-01 -65976 1939-08-01 -70570 1939-09-01 -5729 1939-10-01 -6137 1939-11-01 -73 1939-12-01 -40830 1940-01-01 -39119 1940-02-01 -22359 1940-03-01 -41833 1940-04-01 -3059 1940-05-01 -21373 1940-06-01 -20043 1940-07-01 -43983 1940-08-01 11051 1940-09-01 33165 1940-10-01 -15003 1940-11-01 -56625 1940-12-01 -64801 1941-01-01 -15876 1941-02-01 -28138 1941-03-01 -86411 1941-04-01 -43868 1941-05-01 -7112 1941-06-01 -10665 1941-07-01 -47724 1941-08-01 -37157 1941-09-01 -6854 1941-10-01 -10902 1941-11-01 -7595 1941-12-01 -11184 1942-01-01 -18102 1942-02-01 -31557 1942-03-01 -16698 1942-04-01 -2474 1942-05-01 -2074 1942-06-01 -33327 1942-07-01 -95588 1942-08-01 -10455 1942-09-01 14443 1942-10-01 15341 1942-11-01 -5996 1942-12-01 2118 1943-01-01 -5575 1943-02-01 -2960 1943-03-01 -27571 1943-04-01 -48343 1943-05-01 -265212 1943-06-01 -129727 1943-07-01 3996 1943-08-01 17308 1943-09-01 19253 1943-10-01 -5236 1943-11-01 -52730 1943-12-01 -36948 1944-01-01 -40931 1944-02-01 -73649 1944-03-01 -90904 1944-04-01 -31814 1944-05-01 -5577 1944-06-01 -94446 1944-07-01 -80653 1944-08-01 -46430 1944-09-01 -154793 1944-10-01 13086 1944-11-01 -7093 1944-12-01 -34950 1945-01-01 -54167 1945-02-01 -31762 1945-03-01 -77815 1945-04-01 -94059 1945-05-01 26460 1945-06-01 -11091 1945-07-01 -22670 1945-08-01 -18294 1945-09-01 275 1945-10-01 -3842 1945-11-01 -426 1945-12-01 16905 1946-01-01 13667 1946-02-01 -900 1946-03-01 23353 1946-04-01 -17032 1946-05-01 -37685 1946-06-01 -58108 1946-07-01 -127343 1946-08-01 -23099 1946-09-01 -26036 1946-10-01 -42056 1946-11-01 21363 1946-12-01 -15982 1947-01-01 -28313 1947-02-01 -74201 1947-03-01 -39927 1947-04-01 -78405 1947-05-01 -162039 1947-06-01 -115344 1947-07-01 -67660 1947-08-01 -52149 1947-09-01 -56534 1947-10-01 -96806 1947-11-01 -91726 1947-12-01 -131020 1948-01-01 -107462 1948-02-01 -35254 1948-03-01 -140 1948-04-01 -37013 1948-05-01 -54305 1948-06-01 -37347 1948-07-01 -12773 1948-08-01 -9129 1948-09-01 42746 1948-10-01 21003 1948-11-01 28677 1948-12-01 18962 1949-01-01 -30785 1949-02-01 -27993 1949-03-01 20433 1949-04-01 2125 1949-05-01 -3437 1949-06-01 7936 1949-07-01 -4022 1949-08-01 -12419 1949-09-01 -6376 1949-10-01 3313 1949-11-01 7931 1949-12-01 -14613 1950-01-01 -14971 1950-02-01 -9280 1950-03-01 9759 1950-04-01 7952 1950-05-01 15156 1950-06-01 -7502 1950-07-01 22455 1950-08-01 303 1950-09-01 -8043 1950-10-01 -72021 1950-11-01 -46721 1950-12-01 -22204 1951-01-01 -13831 1951-02-01 -14209 1951-03-01 -12091 1951-04-01 -4133 1951-05-01 -3377 1951-06-01 -6750 1951-07-01 -42155 1951-08-01 -4404 1951-09-01 -7866 1951-10-01 -28338 1951-11-01 -6771 1951-12-01 -25726 1952-01-01 -37171 1952-02-01 -27629 1952-03-01 -44053 1952-04-01 -21114 1952-05-01 -46946 1952-06-01 -26301 1952-07-01 -36131 1952-08-01 -42701 1952-09-01 -96982 1952-10-01 -45126 1952-11-01 -49476 1952-12-01 -37757 1953-01-01 -41431 1953-02-01 -58882 1953-03-01 -35683 1953-04-01 -32951 1953-05-01 -70591 1953-06-01 -270422 1953-07-01 -179054 1953-08-01 -81283 1953-09-01 -2146