Time Period: 1884-1915 - German Colonial Administration

Timeline

  • xx.xx.1887
  • Imperial commissioner's decree (undated) on the introduction of the German Reichsmark; effective 01.08.1887:
    - Foreign gold coins remained current at: 1 British Pound = 20 German Reichsmark, 20 French Francs = 16 German Reichsmark.
  • 02.08.1893
  • Imperial commissioner's decree, restricted payments to official agencies to German currency; effective 01.08.1893.
    - Could not be implemented and was revoked for British coins on 25.11.1899.
  • 18.05.1899
  • Governor's decree on the ban for import and usage of the Maria Theresa Thaler; effective immediately.
    - Could not be implemented and was renewed by governor's decree of 02.05.1907 with effect on 01.06.1907
  • 24.07.1905
  • Retification of a contract between the colonial government and the German-West African Bank of 25,03.1905, which established the bank as payment agency on behalf of the administration (without issuance privilege for paper money); effective immediately
  • 01.05.1907
  • Proclamation of the German colonial monetary order of 01.02.1905; effective 01.06.1907
    - British gold and silver coins remained tolerated at a rate of 1 British Pound = 20 German Reichsmark.


Time Period: 1915-1957 - British Colonial Administration

Timeline

  • around 1915
  • With the British occupation of parts of Togo, the West African Currency Board was introduced without dedicated legislation; formalized by ordinance [West African Currency, No. 763] of 28.07.1938.
    - The German currency was (probably) exchanged at the official rate; the nominal demonetization at a rate of 1 British Pound = 3427 German Reichsmark was done on 30.06.1922 (?).


Time Period: 1915-1960 - French Colonial Administration

Timeline

  • around 1915
  • With the French occupation of parts of Togo, the French currency was introduced without dedicated legislation.
    - The German currency was (probably) exchanged at the official rate.
  • 31.12.1920
  • Decree on the creation of a subsidiary of the Bank of West Africa (Dakar) in Togo; effective 04.10.1921 by ordinance [No. 99] of the same date
  • 20.05.1921
  • Decree on the legal tender status of the banknotes of the Bank of West Africa (Dakar); effective 01.02.1923 by ordinance [No. 9] of 20.01.1923 (originally 04.10.1921 by decree [No. 100] of the same day)
  • 16.10.1923
  • Decree on the issuance of subsidiary coins of 2, 1, ½ Franc; effective 24.11.1923
  • 27.07.1924
  • Ordinance [No. 68] on the circulation of British and British West African currency; effective immediataly:
    - The rate of 1 West African Pound = 50 French Francs was fixed by ordinance [No. 8] of 11.01.1924 with effect of 01.01.1924.
  • 28.02.1931
  • Ordinance on the demonetization of foreign coinage; effective immediately (?)
  • 30.09.1942
  • Demonetization of the banknotes of the Bank of West Africa (Dakar) by the French government-in-exile
  • 30.12.1948
  • Decree [No. 48-2004] on the issuance of coins of 2, 1 Francs in French West African currency; effective immediately


Geldgeschichtliche Ereignisse - 1960-

  • 01.08.1962
  • Mitgliedschaft Internationaler Währungsfonds