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The franc was the currency of French West Africa. The French franc circulated, together with distinct banknotes from 1903 and coins from 1944. It was replaced by the
The franc was the currency of French West Africa. The French franc circulated, together with distinct banknotes from 1903 and coins from 1944. It was replaced by the CFA franc
The CFA franc (french: franc CFA, , Franc of the Financial Community of Africa, originally Franc of the French Colonies in Africa, or colloquially ; abbreviation: F.CFA) is the name of two currencies, the West African CFA franc, used in eight We ...
in 1945.
Coins
In 1944, aluminium-bronze 50 centimes and 1 franc coins were issued. These were the only coins struck before the introduction of the CFA franc.Banknotes
TheBanque de l'Afrique Occidentale
The Banque de l'Afrique Occidentale (BAO, "Bank of West Africa") was a French bank established in 1901 to issue currency for the colonies of French West Africa.
Colonial history
BAO was originally created by the expansion of the Banque du SÃ ...
began issuing notes in 1903. 100 franc notes were introduced that year, followed by 5 francs in 1904, 500 francs in 1912, 25 francs in 1917, 1000 francs in 1919 and 50 francs in 1920. 10 franc notes were introduced in 1943. In 1944, the government issued notes for 50 centimes, and 1 and 2 francs. The notes of the ''Banque de l'Afrique Occidentale'' continued to circulate after the introduction of the CFA franc.
References
* *External links
{{Franc Currencies of Africa Modern obsolete currenciesFranc
The franc is any of various units of currency. One franc is typically divided into 100 centimes. The name is said to derive from the Latin inscription ''francorum rex'' (King of the Franks) used on early French coins and until the 18th centu ...
1903 establishments in French West Africa
1945 disestablishments in French West Africa