Ad
related to: british west africa pound
Search results
Results From The WOW.Com Content Network
British West African pound. A 1953 20/– (£1) note of the West African Currency Board. The pound was the currency of British West Africa, a group of British colonies, protectorates and mandate territories. It was equal to one pound sterling and was similarly subdivided into 20 shillings, each of 12 pence. [1]
A sketch of the town of Bathurst, The Gambia, published in 1824 Otoo Ababio II., Omanhene of Abura, being presented to Prince of Wales, Accra, Gold Coast, 1925. British West Africa constituted during two periods (17 October 1821, until its first dissolution on 13 January 1850, and again 19 February 1866, until its final demise on 28 November 1888) as an administrative entity under a governor ...
The West African Monetary Zone (WAMZ) has proposed to create a common currency for all West Africa states, the Eco. In May 2020, an agreement between the French government and 8 West African countries was reached, meaning to change the CFA franc to the Eco; though no plan had been established as of January 2021. [4]
The entity's original name was Colony of Sierra Leone and its Dependencies, after which it became British West African Territories and finally British West African Settlements. British West Africa was constituted during two periods, from 17 October 1821 until its first dissolution on 13 January 1850, and again from 19 February 1866 until its ...
The Gold Coast was a British Crown colony on the Gulf of Guinea in West Africa from 1821 until its independence in 1957 as Ghana. [3] The term Gold Coast is also often used to describe all of the four separate jurisdictions that were under the administration of the Governor of the Gold Coast. These were the Gold Coast itself, Ashanti, the ...
The English word "pound" derives from the Latin expression lībra pondō, in which lībra is a noun meaning 'pound' and pondō is an adverb meaning 'by weight'. 1 2 The currency's symbol is '£', a stylised form of the blackletter 'L' ( ) (from libra), crossed to indicate abbreviation. 3.
The leone was introduced on 4 August 1964. It replaced the British West African pound at a rate of 1 pound = 2 leones (i.e., 1 leone = 10 shillings). [3] When it was introduced, one leone was worth precisely half a pound sterling or US$1.40. The leone was worth more than the U.S. dollar until the 1980s, when the currency started to devalue rapidly.
Prior to Independence, Ghana was known as the Gold Coast. [4] The currency used before Independence was the British West African pound and in 1958 it was changed to Ghanaian pound.