The Banque d'État du Maroc was a Franco-Moroccan institution with a peculiar legal status — technically a private bank operating under international treaty obligations dating from the 1906 Act of Algeciras, which gave it sole right of note issue in the French Protectorate. The 1943 date places this note squarely in the Vichy-to-Allied transition period, when Morocco's monetary arrangements continued largely uninterrupted despite the November 1942 Allied landings.
Josso was a prolific designer for the Banque de France's engraving workshops, responsible for multiple colonial and metropolitan issues of the period. Printing remained in Paris even as the political situation in North Africa shifted rapidly beneath it.
The Banque d'État du Maroc was a Franco-Moroccan institution with a peculiar legal status — technically a private bank operating under international treaty obligations dating from the 1906 Act of Algeciras, which gave it sole right of note issue in the French Protectorate. The 1943 date places this note squarely in the Vichy-to-Allied transition period, when Morocco's monetary arrangements continued largely uninterrupted despite the November 1942 Allied landings.
Josso was a prolific designer for the Banque de France's engraving workshops, responsible for multiple colonial and metropolitan issues of the period. Printing remained in Paris even as the political situation in North Africa shifted rapidly beneath it.