The pound (symbol £) was the

currency A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general d ...

of the breakaway

Republic of Biafra Biafra, officially the Republic of Biafra, was a partially recognised secessionist state in West Africa that declared independence from Nigeria and existed from 1967 until 1970. Its territory consisted of the predominantly Igbo-populated f ...

between 1968 and 1970. The first notes, in denominations of 5 /– and £1, were introduced on January 29, 1968. A series of coins was issued in 1969; 3 d, 6d, 1 /–, and 2/6 coins were minted, all struck in

aluminium Aluminium (aluminum in American and Canadian English) is a chemical element with the symbol Al and atomic number 13. Aluminium has a density lower than those of other common metals, at approximately one third that of steel. It ...

. In February 1969, a second family of notes was issued in denominations of 5/– and 10/–, £1, £5 and £10. Despite not being recognised currency by the rest of the world when issued, the banknotes were afterwards sold as curios (typically at an eighth of their face value: 2/6 (=£0.125 stg) for Biafran £1 notes when sold in British notaphily shops), and are now traded among banknote collectors at well above their original nominal value. The most commonly found notes are the 1968 and 1969 £1 notes, with the £10 note and all coins being rare.

References

External links

* Banknotes of Biafra.
Coins with Nigerian naira
pjsymes.com.au
Biafra: Coins Issued and Used
Online Coin Club Pound (currency) Modern obsolete currencies Currencies of the Commonwealth of Nations Currencies of Nigeria Biafra 1967 establishments in Nigeria 1970 disestablishments Economy of Nigeria {{Africa-stub

See also

References

External links