Author Topic: Saharwi Arab Republic - Currency  (Read 358 times)

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Offline Pabitra

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Saharwi Arab Republic - Currency
« on: April 22, 2018, 08:50:25 PM »
I have been given this current set of Western Saharwi Republic.
UNO does not recognise this as a sovereign nation.
I am told that this currency is very much in use although Mauritania currency is widely accepted.


Should I consider it as a legal currency of a territory?

Offline onecenter

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Re: Saharwi Arab Republic - Currency
« Reply #1 on: April 23, 2018, 03:36:56 AM »
Fantasy coinage of a government-in-exile, perhaps.  The entirety of the former Spanish Sahara was annexed to Morocco (2/3) and Mauritania (1/3) in 1976.  Mauritania withdrew from it's third in 1979 and this was then annexed to Morocco in its entirety.
Mark

Offline Figleaf

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Re: Saharwi Arab Republic - Currency
« Reply #2 on: April 23, 2018, 09:16:19 AM »
From Wikipedia:

As this territory is mostly controlled by Morocco, the circulating currency in that part of the country is the Moroccan dirham, with Algerian dinars and Mauritanian ouguiyas circulating alongside the Sahrawi peseta in the Sahrawi refugee camps and the SADR-controlled part of Western Sahara.

As it is not an official currency and not circulating, the exchange rate is not really realistic.


It doesn't read like "widely accepted", but it's your decision if you want it in your collection or not. Mind that Wikipedia considers only the pieces with camel and arms as "supposedly designed for circulation".

Peter
An unidentified coin is a piece of metal. An identified coin is a piece of history.

Offline Jostein

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Re: Saharwi Arab Republic - Currency
« Reply #3 on: April 23, 2018, 10:09:03 AM »
Just the coins released in the beginning of 90's were intended to enter in circulation.
The Saharaui Peseta was pegged 1=1 with the Spanish Peseta, now is pegged 166.38 Saharaui Peseta to 1 Euro.


 :)
"Change is the law of life. And those who look only to the past or present are certain to miss the future" - John F. Kennedy

http://www.bimetallic-coins.com

Offline MORGENSTERNN

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Re: Saharwi Arab Republic - Currency
« Reply #4 on: April 23, 2018, 10:50:30 AM »
Just the coins released in the beginning of 90's were intended to enter in circulation.
The Saharaui Peseta was pegged 1=1 with the Spanish Peseta, now is pegged 166.38 Saharaui Peseta to 1 Euro.


 :)

Have we evidences that those coins circulate ?
I never seen any with sign of wearing...

I sold my 1992 example (1 Peseta KM-17) because I thought that coinage was only fantasy (I try to avoid non circulating items)

Offline Big_M

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Re: Saharwi Arab Republic - Currency
« Reply #5 on: April 23, 2018, 12:01:00 PM »
The series from the picture, even though it looks like it is based on the series from the 90's seems very much like fantasies. One indication would be that they are clearly frosted proofs.