West African Currency Board
E417305
The West African Currency Board was a colonial-era monetary authority that issued and managed a common currency for several British West African territories.
All labels observed (1)
| Label | Occurrences |
|---|---|
| West African Currency Board canonical | 2 |
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
colonial monetary authority
ⓘ
currency board ⓘ |
| appliesToJurisdiction |
Trust Territory of Cameroon under British administration
ⓘ
surface form:
British Cameroon
British West Africa ⓘ Eastern Region of Nigeria NERFINISHED ⓘ Gambia NERFINISHED ⓘ Gold Coast ⓘ Nigeria ⓘ Northern Region of Nigeria NERFINISHED ⓘ Sierra Leone ⓘ Togoland region ⓘ
surface form:
Togoland
Western Region of Nigeria NERFINISHED ⓘ |
| archivesAt | The National Archives, Kew ⓘ |
| continent | Africa ⓘ |
| country | United Kingdom ⓘ |
| currencyCode | GWP ⓘ |
| currencyTypeIssued |
banknotes
ⓘ
coins ⓘ |
| dissolutionReason |
creation of national central banks
ⓘ
decolonization ⓘ |
| dissolved | 1962 ⓘ |
| followed | West African silver coinage system ⓘ |
| followedBy | independent national currencies in West Africa ⓘ |
| foundedBy |
UK government
ⓘ
surface form:
British government
|
| hasPolicy |
fixed exchange rate with pound sterling
ⓘ
full sterling backing of note issue ⓘ |
| hasRole |
issue currency
ⓘ
maintain currency convertibility ⓘ manage currency reserves ⓘ stabilize colonial monetary system ⓘ |
| headquartersLocation |
London, England
ⓘ
surface form:
London
|
| historicalPeriod | colonial era ⓘ |
| inception | 1912 ⓘ |
| legalForm | statutory body ⓘ |
| mainCurrency |
British West African pound
ⓘ
surface form:
West African pound
|
| monitoredBy |
Colonial Office
ⓘ
surface form:
British Colonial Office
|
| operatedInPeriod | 20th century ⓘ |
| operatingLanguage | English ⓘ |
| partOf | British Empire financial system ⓘ |
| peggedTo |
Pound sterling
ⓘ
surface form:
pound sterling
|
| regulates | West African pound circulation ⓘ |
| replacedBy |
Bank of Ghana
ⓘ
Bank of Sierra Leone ⓘ Central Bank of Nigeria ⓘ Central Bank of The Gambia ⓘ national central banks of member territories ⓘ |
| serviceArea | British colonial territories in West Africa ⓘ |
| usesMonetaryStandard | sterling exchange standard ⓘ |
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.