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The Bank of Uganda cut its policy rate to 22% on 1 February 2012 after reduction of inflation for 3 consecutive months. Coins First shilling. In 1966, coins were introduced in denominations of -/5, -/10, -/20 and -/50 and 1/= and 2/=. The -/5, -/10 and -/20 coins were struck in bronze, with the higher denominations struck in cupro-nickel. The 2 ...
The East African shilling was introduced to Kenya, Tanganyika, and Uganda in 1921, replacing the short-lived East African florin at a rate of 2 shillings to 1 florin. The florin had been introduced because of increasing silver prices after World War I. At that time, the Indian rupee was the currency of the British East African states.
The East African Currency Board ( EACB) was established in 1919 to supply and oversee the currency of British colonies in British East Africa. It was established after Britain took control of mainland Tanzania from Germany at the end of World War I, and originally oversaw the territories of Uganda, Kenya, and Tanzania (excluding Zanzibar ).
Coins. Coins in denominations of SSP 0.10, SSP 0.20, and SSP 0.50 were put into circulation on 9 July 2015 (South Sudanese Independence Day). As of 2016, South Sudan's coins are being struck at the South African Mint. Bimetallic coins in denominations of SSP 1 and SSP 2 were put into circulation during 2016.
A 1933 UK shilling 1956 Elizabeth II UK shilling showing English and Scottish reverses. The shilling is a historical coin, and the name of a unit of modern currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence or one-twentieth of a pound before being phased out during the 1960s ...
These included the Somali shilling; the Italian East African lira; and the African franc (in Francophone countries). Many post-colonial governments have retained the name and notional value unit system of their prior colonial era currency. For example, the British West African pound was replaced by the Nigerian pound, which was divided into ...
First coinage, 1509-1526. The angel was an English gold coin introduced by Edward IV in 1465. It was patterned after the French angelot or ange, which had been issued since 1340. The name derived from its representation of the archangel Michael slaying a dragon. As it was considered a new issue of the noble, it was also called the angel-noble.
The British shilling, abbreviated "1s" or "1/-", was a unit of currency and a denomination of sterling coinage worth of one pound, or twelve pence. It was first minted in the reign of Henry VII as the testoon, and became known as the shilling, from the Old English scilling, [1] sometime in the mid-16th century. It circulated until 1990.
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