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50 Centimes

Issuer Chambre de Commerce de Djibouti
Year 1919
Type Emergency banknote
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Obverse lettering CHAMBRE DE COMMERCE DE DJIBOUTI ARRÊTÉ DU 30 NOVEMBRE 1919 CINQUANTE CENTIMES Le Trésorier Le Président Echangeable contre des Billets de la Banque de l'Indo-Chine SÉRIE A. 50c. A. DESVAGES IMP
(Translation: Chamber of Commerce of Djibouti. Decree of 30 November 1919. Fifty centimes. The Treasurer. The President. Exchangeable for Bank of Indo-China banknotes. Series A.)
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Variants P#23(1) - First signature variety
P#23(2) - Second signature variety
P#23(3) - Third signature variety
Comments

The Chambre de Commerce de Djibouti issued emergency fractional notes during and immediately after World War One to address the acute shortage of small coinage — a problem endemic to remote colonial outposts where metal currency drained away faster than it could be replenished. These chamber of commerce issues were a common colonial stopgap, carrying no guarantee from a central bank.

Printing by Imprimerie Alexis Desvages in Addis Ababa is a genuine curiosity — a French Somaliland commercial note produced inland in Ethiopia, at a press better known for administrative and ecclesiastical work serving the Ethiopian imperial government.

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