The franc was the currency of
Togo
Togo (), officially the Togolese Republic (french: République togolaise), is a country in West Africa. It is bordered by Ghana to the west, Benin to the east and Burkina Faso to the north. It extends south to the Gulf of Guinea, where its c ...
. Between 1924 and 1956, coins specifically for use in Togo were issued. Since 1945, Togo uses the
West African CFA franc
The West African CFA franc (French: ''franc CFA'' or simply ''franc'', ISO 4217 code: XOF; abbreviation: F.CFA) is the currency used by eight independent states in West Africa which make up the West African Economic and Monetary Union (UEMOA; ') ...
.
History
Between 1884 and 1914, the
German mark was the currency of Togo as Germany was the colonial power. In 1914, Togo was occupied by British and French forces. Togo was split into two
League of Nations
The League of Nations (french: link=no, Société des Nations ) was the first worldwide intergovernmental organisation whose principal mission was to maintain world peace. It was founded on 10 January 1920 by the Paris Peace Conference that ...
mandate territories, with the western, British portion adopting the
British West African pound and eventually becoming part of
Ghana
Ghana (; tw, Gaana, ee, Gana), officially the Republic of Ghana, is a country in West Africa. It abuts the Gulf of Guinea and the Atlantic Ocean to the south, sharing borders with Ivory Coast in the west, Burkina Faso in the north, and To ...
. In the eastern, French territory, the
French franc
The franc (, ; sign: F or Fr), also commonly distinguished as the (FF), was a currency of France. Between 1360 and 1641, it was the name of coins worth 1 livre tournois and it remained in common parlance as a term for this amount of money. It w ...
was adopted, supplemented in 1924 by coins issued in the name of the Mandate Territory of Togo. These coins were issued intermittently until 1956 and circulated alongside 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 ...
from 1945. No circulating coins specific to Togo have been issued since 1956, although the 1957 coins of
French West Africa also bore the name Togo.
Coins
In 1924, aluminium-bronze 50 centimes, 1 and 2 francs were introduced, with the franc denominations minted again in 1925 and the 50 centimes struck until 1926. In 1948, aluminium 1 and 2 francs coins were issued, followed by aluminium-bronze 5 francs in 1956.
See also
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Economy of Togo
The economy of Togo has struggled greatly. The International Monetary Fund (IMF) ranks it as the tenth poorest country in the world, with development undercut by political instability, lowered commodity prices, and external debts. While industry ...
References
*
External links
{{Franc
Currencies of Africa
Franc
Modern obsolete currencies