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1 Pound

Issuer Bank of Biafra
Year 1967
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Size 138 × 68 mm
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Reverse lettering Bank of Biafra £1 Peace - Unity - Freedom One Pound
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Variants P#2 - Single variety.
Comments

Biafra's secession from Nigeria in May 1967 created an immediate need for a functioning currency — the new republic could not continue using Nigerian pounds once federal forces began applying economic pressure. The Bank of Biafra was established within weeks, and this note was among the first instruments issued to assert financial independence from Lagos. The choice of A. Berger in Laupheim — a small West German commercial printer rather than a specialist security printer — reflects the limited options available to an internationally unrecognized state scrambling for suppliers.

The Biafran pound lasted roughly three years before the republic's collapse in January 1970, after which the notes were declared worthless by the federal government and redemption was refused.

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