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Monetary Transitions

Monetary Transitions Currencies, Colonialism and African Societies

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Palgrave Studies in Economic History

Monetary Transitions

Currencies, Colonialism and African Societies

Karin Pallaver

Business & Economics / Economic History

This book uses money as a lens through which to analyze the social and economic impact of colonialism on African societies and institutions.  It is the first book to address the monetary history of the colonial period in a comprehensive way, covering several areas of the continent and different periods, with the ultimate aim of understanding the long-term impact of colonial monetary policies on African societies. While grounding an understanding of money in terms of its circulation, acceptance and impact, this book shows first and foremost how the monetary systems that resulted from the imposition of colonial rule on African societies were not a replacement of the old currency systems with entirely new ones, but were rather the result of the convergence of different orders of value and monetary practices. By putting histories of people using money at the heart of the story, and connecting them to larger imperial policies, the volume provides a new and freshperspective on the history of the establishment of colonial rule in Africa.  

This book is the result of a collaborative and interdisciplinary research project that has received funding by the Gerda Henkel Foundation. The contributors are both junior and senior scholars, based at universities in Europe, Africa, Asia and the US, who are all specialists on the history of money in Africa.  It will appeal to an international audience of scholars and educators interested in African Studies and History, Economic History, Imperial and Colonial History, Development Studies, Monetary Studies.


Karin Pallaver is Associate Professor of African History in the Department of History and Cultures at the University of Bologna, Italy, where she teaches Modern African History and Indian Ocean History. Her research interests lie in the social and economic history of 19th-century and early colonial East Africa, and especially in the history of money and currency. On this topic, she has published several articles and book chapters and is collaborating with various international research groups and networks.


Publication Date: 18 November 2022
Publisher: Italian Ministry of Education, University and Research and by the Gerda Henkel Foundation
Imprint: Palgrave Macmillan
ISBN-13: 9783030834630
Format: Paperback / softback
Page Count: 309

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