👉 Talers are a type of currency used in some countries, particularly in West Africa and Central Asia. They were first introduced by the French during the 19th century as a form of paper money to replace gold coins that had been banned due to their high price. In West Africa, talers were widely accepted as a substitute for gold, which was heavily taxed because it was considered too valuable. As a result, they became a common currency used in trade and transactions among merchants and traders.