Set Description:
In 1977, Djibouti (officially the Republic of Djibouti) came into being as the successor country to the French Territory of the Afars and Issas which, itself, was the successor country to French Somaliland. Named after its eponymous capital city, Djibouti is located on the coast of the Horn of Africa. It’s bordered by Eritrea to the north, Somalia to the south, Ethiopia to the west, and the Gulf of Aden to the east.
Djibouti’s paper money is denominated in the Djiboutian franc. (One US dollar equals approximately 178 francs.)
The initial series of notes, comprising the 1979-1991 issues (P36-P41), was issued by the Banque Nationale de Djibouti. In 2000, the bank changed its name to Banque Centrale de Djibouti and all subsequent issues (P42-P45) were printed using the new bank name.
All of Djibouti’s notes feature colorful portrayals of its people, flora and fauna, and architecture. This is a relatively easy set to assemble as all notes are readily available. The key note is the first-issue 10,000 francs (P39). It is also the most attractive (and expensive). This set offers everything you would hope to see in a post-French colonial note collection.
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