Photos: British West African Currency were replaced by the Nigerian Pound in 1958

The British West African Currency Board was constituted in 1912 to control the supply of currency to the British West African Colonies; these now constitute Nigeria, Ghana, Sierra Leone and Gambia.  It was equal to the pound sterling and was similarly subdivided into 20 shillings, each of 12 pence. Whereas various silver and other metal coins had been in use in West Africa since the late eighteenth century; the coastline was unusual in the array of traditional forms of currency being used. See photo of paper notes

 

Read more: Africanbanknotes