Private company

West African Currency Board

Former monetary authority

The West African Currency Board was a bank of issue headquartered in London with a mandate to issue the British West African pound at par with the pound sterling, the currency of British West Africa. As such, it acted as the central bank for the British colonies of the Gambia, Sierra Leone, Gold Coast and Nigeria from its establishment in 1912 to the adoption by the newly independent countries of their own currencies.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

The West African Currency Board was a bank of issue headquartered in London with a mandate to issue the British West African pound at par with the pound sterling, the currency of British West Africa. As such, it acted as the central bank for the British colonies of the Gambia, Sierra Leone, Gold Coast and Nigeria from its establishment in 1912 to the adoption by the newly independent countries of their own currencies.2

Sources

The numbers on this page point here. Each one links to the record it came from.

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