This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Equatorial Guinean ekwele" – news · newspapers · books · scholar · JSTOR(September 2022) (Learn how and when to remove this message)
Equatorial Guinean ekwele
eqüele(Spanish)
ISO 4217
Code
GQE
Unit
Plural
bipkwele
Denominations
Subunit
1⁄100
céntimo
Plural
céntimo
céntimos
Banknotes
100, 500, 1000, 5000 bipkwele
Coins
1, 5, 25, 50 bipkwele
Demographics
Date of introduction
1975
Replaced
Equatorial Guinean peseta
Date of withdrawal
1985
User(s)
Equatorial Guinea
Issuance
Central bank
Banco de Guinea Ecuatorial
This infobox shows the latest status before this currency was rendered obsolete.
The ekwele or ekuele (Spanish: eqüele) was the currency of Equatorial Guinea between 1975 and 1985. Although nominally divided into 100 céntimos, no subdivisions were issued. The name ekuele (plural the same) was used until 1979, whilst ekwele (plural bipkwele) was used after. The renaming of the currency to "ekwele" from "peseta" was motivated largely by a sweeping Africanization program meant to rid the country of its colonial past by removing Spanish names and references from the public domain; the ekpele was a pre-colonial iron currency used by the Fang and Beti people.[1][2]
The ekuele replaced the peseta guineana at par, whilst the ekwele was replaced by the Central African CFA franc (written franco on Equatorial Guinean coins and banknotes) at a rate of 1 Franco = 4 bipkwele.
^"Definition of EKUELE". www.merriam-webster.com.
^"Monetary History - Equatorial Guinea". www.liganda.ch.
and 11 Related for: Equatorial Guinean ekwele information
The ekwele or ekuele (Spanish: eqüele) was the currency of EquatorialGuinea between 1975 and 1985. Although nominally divided into 100 céntimos, no subdivisions...
ekuele (plural ekuele) to ekwele (plural bipkwele). EquatorialGuinea entered the Franc Zone on 2 January 1985. The ekwele was replaced by the Central...
The History of EquatorialGuinea is marked by centuries of colonial domination by the Portuguese, British and Spanish colonial empires, and by the local...
independence. EquatorialGuinea, the only former Spanish colony in the zone, adopted the CFA franc in 1984, replacing the EquatorialGuineanekwele at a rate...
GQE may refer to: EquatorialGuineanekwele, a former currency of EquatorialGuinea Glory Quest, a Japanese pornographic film studio Green Square railway...
Dram (Դրամ) Armenian dram – Armenia Artsakh dram – Artsakh Ekwele (Ekuele) – EquatorialGuinea See also: Scudo (below) Escudo Angolan escudo – Angola Cape...
1969 EquatorialGuinea Independence First Kwanza At par Second Angolan escudo 1975 Angola Independence Ekwele At par Peseta guineana 1975 Equatorial Guinea...
Global Information