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100 Francs

Issuer Banque Centrale du Mali
Year 1972-1973
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Currency Franc (1962-1984)
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Obverse lettering BANQUE CENTRALE DU MALI
100 CENT FRANCS
LES AUTEURS OU COMPLICES DE FALSIFICATION OU DE CONTREFAÇON DE BILLETS DE BANQUE SERONT PUNIS CONFORMÉMENT AUX LOIS ET ACTES EN VIGUEUR.
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Reverse lettering BANQUE CENTRALE DU MALI
100 CENT FRANCS
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Comments

Mali's 100 Francs issues of this period were printed by the Banque de France in Paris under a technical assistance arrangement common to several Francophone African states following independence. The Malian franc itself had a turbulent existence: Mali broke from the West African CFA franc zone in 1962 to issue its own currency, then suffered persistent inflation and exchange difficulties that forced a return to the CFA system in 1984.

This note belongs to the intervening period of monetary independence, when the Malian franc traded at a significant discount to the CFA franc — officially fixed at 2 Malian francs to 1 CFA franc from 1967, a rate widely regarded as overvalued.

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