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The East African shilling was the sterling unit of account in British -controlled areas of East Africa from 1921 until 1969. [2] It was issued by the East African Currency Board. It is also the proposed name for a common currency that the East African Community plans to introduce. The shilling was divided into 100 cents, and twenty shillings ...
East African shilling 1 cent and 10 cent coins (1952) 1925 East African shilling, obverse 1925 East African shilling, reverse. The East African Currency Board (EACB) was established in 1919 to supply and oversee the currency of British colonies in British East Africa.
P35. Blue-black on yellow and orange underprinting. March 31, 1953 – February 1, 1956. 100 shillings. 5 pounds. P36. Blue-black on green and lilac underprinting. For table standards, see the banknote specification table.
Similarly, in East Africa, the member countries of the East African Community planned to introduce a single currency, the East African shilling until 2012. [7] Following delays, this was postponed initially to 2024, [8] [9] then to 2031. [10]
Maria Theresa thalers were allowed to circulate with a value of 1 shilling and 10 + 1 ⁄ 2 pence (or 45 lire). The East African shilling became the money of account on 1 July 1942; it eventually became the sole legal tender and remained so until 1945. Regular notes of the East African Currency Board were used for circulation in Ethiopia.
On 14 September 1966, the Kenyan shilling replaced the East African shilling at par, although the latter was not demonetised until 1969. The Central Bank of Kenya issued notes in denominations of 5/=, 10/=, 20/=, 50/= and 100/=. All of the notes feature a portrait of Kenya's first prime minister and president, Jomo Kenyatta, on the front and ...
The East African shilling had itself been created in 1922 as a monetary unit out of the Indian rupee when the rising price of silver in the wake of the First World War caused the Indian rupees that circulated in British East Africa to rise in value to two shillings sterling. The East African shilling was launched at par with the shilling ...
Irish pound, pegged against pound sterling from independence until 1979, issued by a currency board until 1942. East African shilling, fixed against the pound sterling from 1921 until 1969. East German mark pegged to the West German mark. Estonian kroon, fixed against the Deutsche Mark from independence in 1992 until 1999.
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