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Welcome to MONACO
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Information about MONACO
Monaco is the world"s smallest principality, but it is also one of the world"s most glamorous holiday resorts. Its whole economy is geared towards attracting the rich and famous, and providing the very best that money can buy. After gaining independence from France, Monaco was in need of an economic base. It was decided that the answer was tourism and gambling. In 1863, the Societe des Bains de Mer was established. The company consisted of a handful of hotels, a theatre, and a casino, which soon flourished to become the foundation of the magnificent district of Monte-Carlo. The state has no income tax and low business taxes and thrives as a tax haven both for individuals who have established residence and for foreign companies that have set up businesses and offices.
General Information
Capital: Monaco Ville Area: 1,95 km2 Population: 35,657 Electricity: 220 volts AC, 50Hz. Round two-pin plugs are in use IDD: +377 Timezone: GMT +1 Hr (+2 Hrs MAR-OCT)
Language
Language: French. Monégasque (a mixture of French Provençal and Italian Ligurian), English and Italian are also spoken. Native Monégasques make up only a minority of Monaco’s population
Government
Government: Constitutional Monarchy
Religion
Religion: 95% Roman Catholic, with Anglican denominations.
Currency
Currency: Euro (EUR) 1.00 = 100 Cents
Exchange Rate
Exchange Rate: All 100.00 USD = 66.9580 EUR GBP = 111.014 EUR
CHF = 66.2084 EUR
Business Hours
Business Hours: Mon-Fri: 09.00-12.00 and 14.00-17.00
Traffic
Traffic: Traffic drives on the right. Minimum age 18 years.
Driving License
Driving License: National license
Climate
Climate: Mediterranean with mild, wet winters and hot, dry summers
Temperatures
Temperatures: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec A 10 11 12 14 17 21 24 24 22 18 14 12 P 61 58 71 65 64 33 21 22 66 113 123 99 S 5 5 5 6 7 8 9 9 7 6 5 4 A=Aver. Daily Temp. (°C) P=Precipitation (mm) S=Sunshine (Hrs/Month)
Mobile Network
Mobile Network: GSM 900 3G 2100
Shopping Hours
Shopping Hours: Mon-Sat: 9.00-12.30 and 15.00-18.30