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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.
5 shillings: P20 Blue-black on brown and orange underprinting, back orange-brown Portrait of George V at upper or lower right Lion in front of mountain January 1, 1933 Value in shillings written in English, Arabic, and Gujarati, value in pounds written in English only 10 shillings: P21 Blue-black on green and pink underprinting, back green
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]
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.
On 1 October 1951, the Indian rupee was replaced in Aden by the East African shilling, with twenty shillings being equal in value to one pound sterling. 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 ...
The Somali shilling has been the currency of parts of Somalia since 1921, when the East African shilling was introduced to the former British Somaliland protectorate. Following independence in 1960, the somalo of Italian Somaliland and the East African shilling (which were equal in value) were replaced at par in 1962 by the Somali shilling ...
The Florin was the currency of the British colonies and protectorates of East Africa between 1920 and 1921. It was divided into 100 cents. It replaced the East African rupee at par, and was replaced in turn by the East African shilling at a rate of 2 shillings = 1 florin. The florin was equivalent to 2 shillings sterling.
East African shilling, for the East African Community (Burundi, Kenya, Rwanda, Tanzania, Uganda) Eco, for the West African Monetary Zone (Gambia, Ghana, Guinea, Nigeria, Sierra Leone, possibly Liberia), planned to be introduced in the 2020s and merged with the CFA franc and eventually the Afro.