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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.
b Mauritius and the Seychelles are to the east and north-east of Madagascar respectively. East Africa Time, or EAT, is a time zone used in eastern Africa. The time zone is three hours ahead of UTC ( UTC+03:00 ), which is the same as Moscow Time, Arabia Standard Time, Further-eastern European Time and Eastern European Summer Time. [1]
The Indian Ocean slave trade, sometimes known as the East African slave trade or Arab slave trade, was multi-directional slave trade and has changed over time. Captured in raids primarily south of the Sahara, predominately black Africans were traded as slaves to the Middle East, Indian Ocean islands (including Madagascar ), Indian subcontinent ...
An exchange rate between two currencies fluctuates over time. The value of a currency relative to a third currency may be obtained by dividing one U.S. dollar rate by another. For example, if there are ¥120 to the dollar and €1.2 to the dollar then the number of yen per euro is 120/1.2 = 100.
The African Central Bank ( ACB) is one of the original five financial institutions and specialized agencies of the African Union. Over time, it will take over responsibilities of the African Monetary Fund. When it is fully implemented, the ACB will be the sole issuer of the African single currency (the " Afro " or " Afriq ") and/or working ...
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 ).
Eastern Africa had an estimated population of 260 million in 2000. This was projected to reach 890 million by 2050, with an average growth rate of 2.5% per annum. The 2000 population is expected to quintuple over the course of the 21st century, to 1.6 billion as of 2100 (UN estimates as of 2017). [62]
A map of East Africa showing some of the historically active volcanoes (as red triangles) and the Afar Triangle (shaded at the center), which is a so-called triple junction (or triple point) where three plates are pulling away from one another: the Arabian Plate and two parts of the African Plate—the Nubian and Somali—splitting along the East African Rift Zone Main rift faults, plates ...