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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.
Prices in the Tanzanian shilling are written in the form of x/y, where x is the amount above 1 shilling, while y is the amount in cents.An equals sign or hyphen represents zero amount.
The coins initially had the same size as the former South African coins. All except the 1 ⁄ 2 and 1 cent coins were in silver. The previous South African farthing coin (1 ⁄ 4 d) and half-a-crown (2 + 1 ⁄ 2 s) were not continued in decimal currency. In addition, two bullion coins with denominations of 1 rand and 2 rand were issued ...
The nickel-brass L1 coin dated 1986 and brass coins dated 1995-2009 had the same dimensions and composition as the British £1 coins introduced in 1983, and thus have sometimes been used fraudulently in British vending machines with the value of L1 decreasing from £0.36 in 1986 to £0.05 in 2015, when those L1 coins were demonetised.
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 ...
1, 5, 10, 25, 50 Cents Bond Coin, 1 Dollar Bond Coin, 2 Dollar Bond Coin The Reserve Bank of Zimbabwe began to release Zimbabwean bond coins on 18 December 2014. The coins were supported by a US$50 million facility extended to the Reserve Bank of Zimbabwe by Afreximbank (the African Export–Import Bank). [ 1 ]
With the passage of the Native American $1 Coin Act [38] on September 20, 2007, the U.S. Mint began designing a series of Sacagawea dollars with modified reverses to further commemorate "Native Americans and the important contributions made by Indian tribes and individual Native Americans to the development of the United States and the history ...
However in February 2019 the government introduced the Zimdollar (ZWL) on par with the US dollar, but it was quickly devalued to $2.50 Zimdollars per US-dollar. [17] Briefly, from June 2019 to March 2020, the government required all transactions to be done in Zimdollars; but that quickly proved impractical. [ 18 ]