189570

1942 Algeria 20 Francs Banknote P# 78c Grades xf

Currency:USD Category:Coins & Paper Money Start Price:5.00 USD Estimated At:25.00 - 100.00 USD
1942 Algeria 20 Francs Banknote P# 78c Grades xf
1942 Algeria 20 Francs Banknote P# 78c Grades xf. The franc replaced the budju when France occupied the country of Algeria. It was equivalent to the French franc and was revalued in 1960 at a rate of 100 old francs = 1 new franc to maintain the equivalence. The new franc was replaced at par by the dinar in 1964 following Algerian independence in 1962.