Banknote Book & CPG® PRICE GUIDE
- World Currency /
- Algeria /
- Banque de l’Algérie
Greysheet Catalog Details
The Banque de l’Algérie (Bank of Algeria, BDA) was founded by law on 9 August 1851 as an issuing bank headquartered in the capital of Algiers. Its notes replaced the French currency and Ottoman silver and gold coins then circulating in Algeria. It subsequently opened branches in Oran per decree of 13 August 1853, Constantine per decree of 3 December 1856, Bone per decree of 11 July 1868, as well as Philippeville and Tiemcen, both per decree of 22 April 1875.
After Tunisia become a French protectorate, Algerian notes were also used in Tunisia until the Banque de l’Algérie established a branch in the capital city of Tunis on 8 January 1904. Thereafter, the Banque de l’Algérie began introducing Algerian notes overprinted TUNISIE for use in Tunisia, a practice which continued until 1945.
Catalog Detail
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