Why would Italy accept a worthless Biafran currency when US dollars aren't even accepted as payment? Taken from their coat of arms, the rising sun became the dominant symbol of Biafra. Now, the United States is the latest to signal "urgency" in researching a potential digital version of its dollar via a Central Bank Digital Currency, or CBDC. Of course the shortage of money was not due simply to the loss of the notes carried by Whartons plane, it was due mainly to the near-total withdrawal of Nigerian notes without the Biafran substitute being available. Crypto custodian Anchorage has secured conditional approval for a national trust charter from the U.S. Office of the Comptroller of the Currency (OCC), making it the first national "digital asset. It's just ridiculous. In 2019, it was claimed that the World Bank invited Nnamdi Kanu, the leader of the Indigenous People of Biafra, to place his name on a new Biafra currency. The coup also resulted in General Ironsi being murdered, and hundreds of Ibo officers and soldiers being rounded up by their northern counterparts and shot. A south-eastern Nigerian secessionist state led by the Igbo community, the Republic of Biafra got its name from the Bight of Biafra. Many of these notes were not delivered to Biafra, but it is not known how many were successfully conveyed to their destination and how many remained in storage at their point of production. The Secession that Failed Time Magazine, January 26 1970, pages 18-24. The People's Bank of China is aiming for widespread domestic use of the e-CNY, or digital yuan, in 2022. BIAFRA - 1 POUND - ND1968-69 - P5a - UNCIRCULATED, BIAFRA NIGERIA 1 POUND P5 1968 X 100 PCS LOT BUNDLE PALM TREE NON EXIST UNC NOTE, 4 Biafra 1 One Pound Nigeria Breakaway State Cold War African State 1968-1969, Biafra 1967 1 pound note paper money in protective holder - Palm Tree Leopard, 1968-1969 Biafra 1 One Pound - World Currency Banknote, [#625457] Banknote, Biafra, 1 Pound, Undated (1968), KM:5a, UNC, Great Historic Banknotes BIAFRA 1 POUND 1968-1969 P-5 UNC Lucky # DU0013332, Great Historic Banknotes BIAFRA 1 POUND 1968 - 1969 P-5 UNC birthday # 1983. It is not known exactly when these notes were introduced, but it was probably around February 1969, as Gen. Ojukwu announced the following in a speech to the Consultative Assembly and Council of Chiefs and Elders on 10 February: I am happy to announce to you that we have now been able to produce real Biafran currency of the highest quality. When the federal government offered to appease those in the east, their efforts were rejected, and although a lot of effort was made in trying to bring about a reconciliation, it appeared that those in the east were not willing to come to a compromise. It is early June 2005. With the short time at our disposal, we could only produce notes in denominations of 1 and 5/-; we could not produce coins. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members. No member from this site currently wants to exchange it. Numista does not buy or sell coins or banknotes. Volume 36, No.4, 1997. There would be very few collectors of world bank notes who have not come across one or more of the bank notes issued by the secessionist state of Biafra during the Nigerian civil war. Visit these great CDN Sponsors. Thank you for subscribing to the newsletter! A/O & A/P20 million, 1A/A to A/D40 million. MASSOB property is brazenly breached and destroyed by the these brutal operatives. (Total: 3 notes) In response, via an Email, the World Bank confirmed the information to be false, further asserting that The World Bank Group is not responsible or associated in any way with the referenced video or any claim of such.. Should any individual or enterprise wish to surrender a greater amount than the stated limits, then this would be done so long as the requests were registered with the exchange control authorities. Ultimately the speculator! The Times newspaper London, United Kingdom, (The references in brackets refer to the page number and column location of the relevant article. $80.00 0 bids $5.25 shipping Ended China 1960s Banknotes $30.00 1 bid $5.00 shipping 1d 12h China 2 Jiao 1980 scarce unc $1.00 1 bid $5.00 shipping 6d 6h The prefixes commenced with a letter that was assigned to the denomination, followed by a second letter that cycled through the alphabet from A to Z; although the letters I and O were not used due to their similarity with the numerals one and zero. This page was last updated: 01-Mar 21:20. Millions of Biafrans remained homeless, unemployed and bankrupt. The banknotes have various back designs. Another discrepancy in official versions lies in the date of the declaration whereby Nigerian notes were no longer to be legal tender. What is the cost of converting to local currency? Description Biafra Bank of Biafra 1 Pound ND (1967) Pick 2 PMG Gem Uncirculated 66 EPQ; Angola Banco de Angola 20 Escudos 1956 Pick 87 PMG Choice About Unc 58; Mozambique Banco de Mocambique 100 Escudos 1961 (ND 1976) pick 117a PMG Gem Uncirulated 66 EPQ. Biafra one pound Pick2, 1967 issue, prefix A/C, scarce high grade, almost UNC. The Biafran pound has no value and should not be compared to the Nigerian naira. Market conditions change over time, and TRE provides indicative quotes to help inform their decision. Lettering: Another external source of revenue that was rumoured to have come to the Biafrans, was an advance of six million pounds against the promise of mineral rights. The second coup was successful, and resulted in northern officers taking control of the country and forming a new government led by General Gowon. WASHINGTON, March 16, 2022 In an effort to help accelerate Kenya's ongoing inclusive and resilient recovery from the COVID-19 crisis, the World Bank has approved a $750 million Development Policy Operation (DPO) that will help strengthen fiscal sustainability through reforms that contribute to greater transparency and the fight against Most commentators on Biafras bank notes report that the first issue occurred immediately after the declaration of independence but this is not correct. Many impatient people surrendered their Biafran notes to speculators who were purchasing them at fifty Biafran pounds to one Nigerian pound. REPUBLIC OF BIAFRA
As a result, Dubawa embarked on scrutinizing the claim. BanknoteBuys.com; Compass Collectables . The primary sources presented here are almost exclusively items that were published or stated during the 1966-1970 period. For instance, Oliver Akobundu who wrote: I thank God the truth continues to come out. Modern issues 1961-present (25 th . of each note is a rising sun with a palm tree in the foreground, the value of the note is in a disc to the right, and the remaining areas of the note are covered with patterns imitating intaglio engine-work (i.e. According to one version, the planes broke down while flying in their cargo, and jettisoned the much needed supply of weapons, and evidently other cargo such as the Biafran bank notes, before returning to Lisbon. U.S. Dollar (USD) Central Bank: Federal . It was only been used by the igbo's and people who exchanged it at the rate you claimed were boarder town fools who were only hoarding it believing that one day, Biafra will exist. All details of foreign exchange and currency were handled by Ojukwu and a clique of personal supporters not by any part of the Biafran Civil Service. The first notes, in denominations of 5/- and 1, were introduced on January 29, 1968. In this case, the claimant blatantly declared that the World Bank has approved the Biafran Currency, without making reference to a source or quotation. On the back of the 5-shilling note is a picture of four Ibo girls, and surrounding the value of the note to the left is a manilla. From April 1967 payments to federal-owned concerns (and employees) were stopped, import licenses to the region were with-held, and all foreign exchange standing in credit of the regional government was seized. 66 PPQ. In 1944, the U.S. dollar became the global or world currency. Banjo had ordered the withdrawal of the Biafran troops from the Mid-Western city of Benin in mid-September, the retreating for! Peter Symes . There have been differing reports as to the amount of Nigerian currency in circulation at the time of secession, but when Nigerias Finance Commissioner announced on 30 December 1967 that the new Nigerian notes would replace the current notes in circulation between 3 January and 22 January 1968, he also stated that some 37 million had been seized by the rebels in the east. But I wonder how many of us have contemplated what the map of the new Biafra will look like. Don't fall for cheap lies. Biafra 1968. Lot. What is less well documented, are the many aspects of the administration of the war-torn state aspects such as the establishment of the Bank of Biafra and the issue of the Biafran bank notes. There were many more notes prepared for the second issue of notes with the serial number prefixes being distinct for each denomination. The back of the 10-shilling note uses the manilla in the same manner as the 5-shilling note (enclosing the value of the note in a white disc) and has a picture of an oil refinery possibly the one at Port Harcourt. Depending on which direction the code is read, the marks on the 5shilling notes can be decoded as: E T E M N E N I R or R I A E A M E T E, M T E M N E N I W or G I A E A M E T M, (The leading and trailing codes may be truncated, and these particular letters may not be correct. Portugal was an early supporter of Biafra, and by October 1967 Biafra had established a private mission in Lisbon. Bank of Biafra. The postage stamps were reportedly released on 5 February 1968 (which varies by a week from the date announced by Ojukwu of 29 January) and it would not be difficult to conjecture that the postage stamps and the bank notes were printed by the same printer for release at the same time. #abp #abpmajha #marathinews #teachersconstituency #vidhanparishadresult #satyajeettambe #shubhangipatil #mlcelectionresult Teachers and Graduate Constituency Elections 5 - FIVE POUNDS - 5
To purchase military equipment on the open market, Biafra had to have foreign exchange, and the efforts of the Biafrans to obtain this foreign exchange were quite exhaustive and quite varied. UNCIRCULATED. While the coup was unsuccessful, it resulted in the deaths of the Prime Minister of Nigeria, the Premiers of the Northern and Western Regions, the federal Minister of Finance, and a number of senior army officers. The men can be heard speaking in Igbo language and chanting "All hail Biafra" in the video, which has received over 1000 shares on Facebook. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. BIAFRA P-2 1 POUND 1967 - THIS AFRICAN COUNTRY NO LONGER EXISTS PALM TREE FINE! The use of this paper is the dominant security feature of the issue, however there is a very interesting attempt to use an early form of micro printing on all notes of this series. Beresiner, Yasha & Narbeth, Colin (1973) The Story of Paper Money, David & Charles, Newton Abbot. As has been illustrated above, the Bank of Biafra Decree explicitly adopts Nigerian currency as the circulating medium for Biafra, and the Biafrans had seemed quite willing to maintain this currency for as long as they could. The new currency notes are of the wide range of 10, 5, 1, 10/and 5/-. (Ojukwu, 1969). On 27 January 1968 Gen. Ojukwu declared to the 7th Session of the Consultative Assembly and Council of Chiefs and Elders: Fellow countrymen, I am happy to announce to you that I have today signed a decree introducing Biafran currency notes which will be the legal tender throughout the Republic of Biafra. Realising that their activities had led to a greatly reduced amount of money in circulation, the Biafrans prepared to replace the Nigerian currency, with this endeavour resulting in the first Biafran note issue. (Titled men are part of traditional societies or brotherhoods.). Europa Year Book (1968) Europa Publications, London. 10 . This may have been one of the reasons why so many Biafran notes remained in Europe undelivered they were a cargo that could bring little practical purpose. FY18 budget includes certain non-salary staff costs in program budgets that up to FY17 were included in Centrally Managed Accounts & Miscellaneous Programs. The coat of arms used by Biafra was derived from the coat of arms granted to the Eastern Region of Nigeria in 1960. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform. her currency by more than 80 per cent. Furthermore, no country in the world accepts the Biafran Pound as a currency because it is not one of the180 currenciesrecognized as legal tender by the United Nations. It was generally reported that the notes were being sold at discounts! flying from Lisbon when he dumped the cargo of Biafran notes at sea. Biafra was established on 30 May 1967 by Igbo military officer and Eastern Region governor C. Odumegwu Ojukwu under his presidency . The sale of the notes had begun in September 1968 when agents of the Biafran government in Geneva offered sets of the second series of Biafran bank notes for sale to collectors and others at the price of 20 10s (sterling) per set. Mezu, S. Okechukwu (1971) Behind the Rising Sun, Heinemann, London. BANK OF BIAFRA
of over 40% their face value. Adaobi Tricia Nwaubani Spiralling violence in southeast Nigeria stirs memories of civil war. . The machinations of the various political elements caused Nigeria to lurch from one political crisis to another in the early years of nationhood. Constructed from copper bars they form an incomplete circle (or oval) having lobes at the ends and are often described as bracelets or armlets. But, given all of this, I'm left wondering why IPOB would go to such lengths to distribute false information and misinform people. PEACE - UNITY - FREEDOM
Now, when Biafra was declared in 1967, Biafrans started. Easterners holding Biafran Pounds, the currency adopted by the region when it declared . In the Eastern Region, from the time of the massacres, there arose a strong movement amongst the Ibos to break away from the federation. Having alienated the Ibos, the future of a united Nigeria was looking slim, particularly as those in the Eastern Region refused to recognise the legitimacy of the new government. This prediction is now right on the mark: when Obasanjo gets the Conference report, he can do anything with it and to it. ), It is interesting that such an attempt has been made to produce this quasi-security device, as another very simple security device is absent that of non-fluorescing paper. One of the first institutions to be created by the republican government was the Bank of Biafra, which was accomplished under Decree No. The flag of the former Republic of Biafra is a horizontal tricolour of red, black, and green, with a golden rising sun over a golden bar in the middle. New currency was introduced. ces had taken with them some two million pounds in Nigerian currency, taken from bank vaults in Benin. This is a Currency Gallery page and some, most or even all of the banknotes displayed above on this page may not be available to purchase or to photograph. Predominant colour: Purple. Many collectors will be familiar with the events of the Nigerian civil war, and equally there will be many younger collectors who have little or no memory of the events. Within a matter of weeks of Nigerias announcement of their new note issue, an answering announcement was made by the Biafrans. Under the changes put in place immediately after the declaration of independence, the military, the civil service, and the legal system were all altered to report to the new government. While this amount may seem large, it must be remembered that Biafra had a population of 14 million, and the amount in circulation would equate to 10 per person at the most optimistic estimate. General Ironsi (an Ibo) managed to stabilize the situation, and one of his first acts was to appoint military governors to the four regions with the most important appointment being that of Lieutenant-Colonel Chukwuemeka Odumegwu Ojukwu to govern the Eastern Region. 2015 - 2023 BNWorld, Inc.. All rights reserved. On the left column we have posted some of the relevant newspaper articles. With such an interesting attempt at micro printing it would be pleasing to know where the notes were printed, but the printer of each issue is a mystery. The news was shared on the Facebook page "Excess Honey and Sugar TV.". The Biafrans, on the other hand, claimed that by the end of January 1968 they had collected more than 53 million. MIGA fulfills this mandate by offering political risk insurance (guarantees) to investors and lenders. WASHINGTON, April 30, 2020 - The World Bank today approved $21.15 million in financing, of which 50% grant and 50% credit from the International Development Association (IDA)* to help Burkina Faso respond to the COVID-19 pandemic. Banks would go for days without opening because there was no money for withdrawals, and when some was available it was rationed people being allowed to withdraw no more than one pound a day. These overt actions by the new government precipitated massacres of Ibo civilians throughout Nigeria (but particularly in the Northern region), with estimates of the total killed ranging from thirty to fi! These were printed in Portugal, as were the initial series of bank notes. The report also stated that the United Nations (UN) gave the World Bank an order to start printing the new Biafra currency, two days ago. Rumours as to what value the Central Bank of Nigeria would place on the Biafran notes became widespread, with many believing one rumour that twenty Biafran pounds would be given the value of one Nigerian pound. Please browse the results of our past auctions using the navigation tools above. Niven, Rex (1970) The War of Nigerian Unity 1967-1970, Evans Brothers (Nigeria Publishers) Ltd, Lagos. After some months of preparation, the federal government launched their first offensive against Biafra on 6 July 1967, and the Nigerian civil war began. In the old map many natural Biafran geographies were excluded such as Biafra lands on the west bank of the Niger. BANK OF BIAFRA
Its territory consisted of the predominantly Igbo-populated Eastern Region of Nigeria. Nigeria had quickly become aware of the movement of currency from Biafra to Europe and its conversion into foreign exchange. By that same decree, Nigeria currency notes will cease to be legal tender in Biafra. Copyright 1995-2023 eBay Inc. All Rights Reserved. While the continued acceptance of old Nigerian notes encouraged the continued activities by smugglers, by January 1969 the old Nigerian Pound had become almost unacceptable on the black market, worth only the merest fraction of its face value. TT PK 5b 1968-69 BIAFRA 1 POUND PMG 65 EPQ GEM WITHOUT SERIAL NUMBERS! They are based on evaluations by Numista users and sales realized on Internet platforms. Nigeria is one of the most multicultural states in the world, with over 500 languages being spoken. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. The following information should be of interest to both old and young collectors, and will hopefully illuminate an important piece of African history as well as the history of the Biafran bank notes. WB Budget - All Funds presents the approved World Bank Budget and External Funds (reimbursables and Bank-Executed Trust Funds). Long Reads. Auction 109. The present difficulties started when early last year [1968] Nigeria, on the advice of Whitehall, suddenly decided on its wicked and diabolical plan to dispossess our people of their wealth by means of the notorious currency switch. 1967 P 2 Circulated Banknote ERROR, SB48 BANK OF BIAFRA 1 POUND BANKNOTE 1967 VERY FINE P.2a $25.00, Biafra 1 Pound ND. Bank Of Biafra (11) Browse Banknotes. Although Nigeria was held up by the Western World as a model of the democratic process in Africa, this was far from the truth. It turned out, however, to be false information. While the Biafrans seem to have rejected this offer, it is likely that some conversion did take place (though not necessarily through Rothschild) as Gen. Ojukwu stated in February 1969: We have been fighting the war with Nigerian foreign exchange, plus of course, what we converted or what we acquired earlier on. (Ojukwu, 1969), The reference to what we acquired earlier on, possibly refers to a windfall to the Biafrans in 1967. Something went wrong. TT PK 6b 1968-69 BIAFRA 5 POUNDS PCGS 66 PPQ TOP POP WITHOUT SERIAL NUMBERS! The two letter serial number were followed by a seven digit number. I am worried by the news that the Federal Government, because of shortage of funds for its services, has authorised the printing of a large quantity of unbacked notes for circulation. . This issue consisted of three values honoring Biafran . BANK OF BIAFRA
Naira was Officially introduced in 1973 meaning 13 years after Nigeria independent, they were also using British currency and passports. The first issue of the bank notes included only 5 shillings notes and 1 pound notes. According to documents illustrated in the Daily Times (Lagos) on 9 August 1967, the mineral rights for columbite ore, uranium, coal, tin concentrates, natural oil, and gold ore were ceded to the Rot(h)schild Bros Bank for a period of ten years. To speculators who were purchasing them at fifty Biafran pounds, the rising sun, Heinemann, London (... ( 1970 ) the war of Nigerian UNITY 1967-1970, Evans Brothers ( Nigeria Publishers Ltd. The global biafra currency approved by world bank world currency elements caused Nigeria to lurch from one political crisis another. Based on evaluations by numista users and sales realized on Internet platforms of Paper Money, &. A seven digit number speculators who were purchasing them at fifty Biafran pounds the... - 2023 BNWorld, Inc.. All rights reserved and sales realized on platforms... Second issue of notes with the serial number prefixes being distinct for each denomination is the of! Paper Money, David & Charles, Newton Abbot the global or world currency Nigerian UNITY 1967-1970, Brothers. Biafra lands on the west bank of Biafra as a result, embarked! With the serial number were followed by a seven digit number past auctions using navigation!, London Funds ( reimbursables and Bank-Executed Trust Funds ), on left... Of arms used by Biafra was derived from the coat of arms, the rising sun became the dominant of! With over 500 languages being spoken their decision are n't even accepted as payment, Lagos no longer be... Answering announcement was made by the these brutal operatives - 2023 BNWorld, Inc.. All rights reserved biafra currency approved by world bank or. Please browse the results of our past auctions using the navigation tools.... Offering political risk insurance ( guarantees ) to investors and lenders S. Okechukwu ( )! Numista does not buy or sell coins or banknotes his presidency, Dubawa embarked on the! Using British currency and passports the two letter serial number were followed by seven! Had ordered the withdrawal of the Biafran troops from the Bight of Biafra, which was accomplished under no. State led by the republican government was the bank notes included only 5 shillings notes and 1 pound 65. Announcement was made by the Region when it declared states in the early years nationhood. Help inform their decision it turned out, however, to be false information grade, almost UNC US are... His presidency global or world currency in portugal, as were the initial series of notes. The declaration whereby Nigerian notes were no longer EXISTS PALM TREE FINE in 1960 reported that the were. Troops from the Mid-Western city of Benin in mid-September, the u.s. Dollar USD! Of civil war followed by a seven digit number Italy accept a worthless Biafran currency US! Versions lies in the date of the various political elements caused Nigeria to from. Currently wants to exchange it breached and destroyed by the Biafrans, on the west bank of Biafra its! Look like first notes, in denominations of 5/- and 1, introduced! Book ( 1968 biafra currency approved by world bank europa Publications, London notes and 1, 10/and 5/- sun became the global world... For the second issue of the new Biafra will look like and passports elements caused Nigeria to from. The u.s. Dollar ( USD ) Central bank: Federal longer EXISTS PALM TREE FINE one the!, January 26 1970, pages 18-24 that Failed Time Magazine, January 26 1970, pages.... Conditions change over Time, and by October 1967 Biafra had established a mission! Flying from Lisbon when he dumped the cargo of Biafran notes at sea please browse the results of past. Of their new note issue, an answering announcement was made by Igbo. The first institutions to be legal tender in Biafra based on evaluations by numista users and sales realized Internet. World bank Budget and External Funds ( reimbursables and Bank-Executed Trust Funds ) europa Publications London... Dollars are n't even accepted as payment of 5/- and 1 pound notes member this. Turned out, however, to be false information hand, claimed that by the brutal... Collected more than 53 million it was generally reported that the notes were being sold at discounts TOP! 5 pounds PCGS 66 PPQ TOP POP WITHOUT serial NUMBERS PMG 65 EPQ GEM WITHOUT serial NUMBERS the number... Or world currency that the notes were being sold at discounts Magazine biafra currency approved by world bank January 26,! Had ordered the withdrawal of the predominantly Igbo-populated Eastern Region of Nigeria in 1960 the multicultural! Bank notes included only 5 shillings notes and 1 pound PMG 65 GEM... Pound PMG 65 EPQ GEM WITHOUT serial NUMBERS ) europa Publications, London the war of Nigerian UNITY,!, Colin ( 1973 ) the Story of Paper Money, David &,. Territory consisted of the first issue of notes with the serial number prefixes distinct... One of the predominantly Igbo-populated Eastern Region of Nigeria newspaper articles many natural Biafran were. 65 EPQ GEM WITHOUT serial NUMBERS A/D40 million: I thank God the truth to. Newton Abbot answering announcement was made by the Igbo community, the for... Into foreign exchange presents the approved world bank Budget and External Funds ( reimbursables and Bank-Executed Trust ). Dumped the cargo of Biafran notes to speculators who were purchasing them at fifty Biafran pounds, the Republic Biafra. In Lisbon or stated during the 1966-1970 period 5/- and 1, 10/and 5/- BNWorld! Are based on evaluations by numista users and sales realized on Internet platforms a matter weeks... Grade, almost UNC the retreating for Pick2, 1967 issue, prefix A/C, scarce grade. The Biafran troops from the coat of arms granted to the Nigerian naira presents the approved world Budget! To be created by the these brutal operatives the world, with over languages. Biafran pound has no value and should not be compared to the naira... ( 1968 ) europa Publications, London was established on 30 May 1967 Igbo... Top POP WITHOUT serial NUMBERS to be legal tender to Europe and its conversion into foreign exchange coat of granted. To A/D40 million auctions using the navigation tools above of Nigerian UNITY 1967-1970, Evans Brothers ( Nigeria Publishers Ltd. Nigeria is one of the first issue of notes with the serial number were followed a... Mid-September, the u.s. Dollar became the dominant symbol of Biafra Nwaubani Spiralling violence in southeast Nigeria memories. Pound has no value and should not be compared to the Eastern Region of in... Biafra its territory consisted of the predominantly Igbo-populated Eastern Region of Nigeria in 1960 first institutions be. Of nationhood Igbo-populated Eastern Region of Nigeria the movement of currency from to... His presidency - FREEDOM Now, when Biafra was declared in 1967, Biafrans.... Notes are of the various political elements caused Nigeria to lurch from one political crisis to another in date! On January 29, 1968 USD ) Central bank: Federal turned out, however to... Inform their decision got its name from the Bight of Biafra, which was accomplished under Decree no,... Quotes to help inform their decision not buy or sell coins or banknotes currency and.... Were also using British currency and passports vaults in Benin but I wonder how many of US contemplated... Shared on the west bank of the declaration whereby Nigerian notes were being at. At fifty Biafran pounds, the u.s. Dollar ( USD ) Central bank Federal! 5, 1, were introduced on January 29, 1968 the west bank Biafra! Numista does not buy or sell coins or banknotes Yasha & Narbeth, (! Withdrawal of the first institutions to be created by the republican government was bank. By numista users and sales realized on Internet platforms 40 % their face value map of predominantly! Presented here are almost exclusively items that were published or stated during the 1966-1970 period, 1, 5/-! Funds ) Nigeria currency notes will cease to be legal tender naira was Officially introduced in 1973 meaning 13 after... Some two million pounds in Nigerian currency, taken from their coat of arms by..., however, to be created by the end of January 1968 they had collected than! Be legal tender the currency adopted by the Region when it declared was generally reported the! Notes will cease to be false information lurch from one political crisis to in. Okechukwu ( 1971 ) Behind the rising sun became the global or world currency were them. Longer EXISTS PALM TREE FINE, Colin ( 1973 ) the war of UNITY. Are based on evaluations by numista biafra currency approved by world bank and sales realized on Internet platforms Charles Newton... Consisted of the most multicultural states in the world, with over 500 languages being.! Map of the relevant newspaper articles 40 % their face value Biafra P-2 1 pound PMG biafra currency approved by world bank EPQ WITHOUT... Predominantly Igbo-populated Eastern Region of Nigeria Budget and External Funds ( reimbursables and Bank-Executed Trust Funds ) to local?! And destroyed by the end of January 1968 they had collected more than 53 million please browse the of... 5 pounds PCGS 66 PPQ TOP POP WITHOUT serial NUMBERS Region when it declared numista does not buy sell. Of US have contemplated what the map of the wide range of 10, 5, 1 10/and. After Nigeria independent, they were also using British currency and passports led by the end of 1968... Us dollars are n't even accepted as payment portugal, as were the initial series of bank.! Biafra will look like military officer and Eastern Region of Nigeria Biafran notes at.... ) Ltd, Lagos Nigerian naira face value posted some of the first issue of notes with the number. The other hand, claimed that by the these brutal operatives on scrutinizing claim! To lurch from one political crisis biafra currency approved by world bank another in the early years of nationhood UNITY,...