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Today in History: Biafra Pounds was introduced (Photos)

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Today in History: Biafra Pounds was introduced.

On this day, January 29, 1968, Lt. Col. Chukwuemeka Odumegwu Ojukwu announces the introduction of new Biafran currencies and postage stamps in Owerri, present-day Imo State.

The Biafran pound remained the only medium of exchange in Biafra until the war ended in 1970.

5 shillings
£1 and £10 notes
3 and 6 pence
1 and 2½ shillings (minted)
Coins were rare.

IMG 20220130 060301
Today in History: Biafra Pounds was introduced (Photos) 2
Today in History: Biafra Pounds was introduced (Photos) 3