The Territorial Collectivity of St. Pierre and Miquelon, a French overseas territory located 10 miles (16 km.) off the south coast of Newfoundland, has an area of 93 sq. mi. (242 sq. km.) and a population of about 6,000. Capital: St. Pierre. The economy of the barren archipelago is based on cod fishing and fur farming. Fish and fish products, mink and silver fox pelts are exported. ,The islands, occupied by the French in 1604, were captured by the British in 1702 and held until 1763 when they were returned to the possession of France and employed as a fishing station. They passed between France and England on six more occasions between 1778 and 1814 when they were awarded permanently to France by the Treaty of Paris. The rugged, soil-poor granite islands, which will support only evergreen shrubs, are all that remain to France of her extensive colonies in North America. In 1958 St. Pierre and Miquelon voted in favor of the new constitution of the Fifth Republic of France, thereby choosing to remain within the French Community.,, ,Notes of the Banque de France circulated 1937-1942; afterwards notes of the Caisse Centrale de France Libre and the Caisse Centrale de la France d?Outre-Mer were in use.,, Rulers:,,, ,French,, Monetary System:,,, ,1 Franc = 100 Centimes,, ,5 Francs 40 Centimes = 1 Canada Dollar,, ,1 Nouveau = 100 ?old? Francs, 1960-,,