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b84_0112 - 500 Francs DJIBOUTI 1988 P.36b

500 Francs DJIBOUTI  1988 P.36b UNC-
500 Francs DJIBOUTI  1988 P.36b UNC-500 Francs DJIBOUTI  1988 P.36b UNC-
40.00 €(Approx. 44.40$ | 34.40£)
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Face Value : 500 Francs
Date: 1988
Period/Provinces/Banks République - Banque Nationale
Catalogue reference : P.36b

Historical background


DJIBOUTI

(1888-1894)

The digging of the Suez Canal gave the Gulf of Aden unmatched strategic importance at the end of the Red Sea. The British controlled Aden, the French bought Obock in 1862 while Marseille owners settled in Tadjoura. In 1884, a French protectorate was spent with local potentates. It was the same with the Somali leaders. Colonel Lagarde Djibouti founded in 1888. The transfer of capital became in 1891 Obock in Djibouti. With colonial status in 1894, the area became known as French Somaliland in 1896.

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