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 a type set, but more challenging as a variety set. Notes issued from 1979-1991 (P36-P39) are known with varieties and are included in this set along with later notes (P40-P460 without varieties.The key note is the first-issue 5,000 francs (P38b) issued with the signature of Luc Aden, Governor of the Banque Nationale, but without security thread. This set offers everything you would hope to see in a post-French colonial note collection.
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