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Unit | |
---|---|
Symbol | (none) |
Denominations | |
Superunit | |
20 | pound (£) |
Subunit | |
1⁄100 | cent |
Banknotes | 5/=, 10/=, 20/=, 100/=, 200/=, 1000/=, 10000/= |
Coins | 1c, 5c, 10c, 50c, 1/= |
Demographics | |
User(s) | All in the 1900s:
|
Issuance | |
Central bank | East African Currency Board |
This infobox shows the latest status before this currency was rendered obsolete. |
The East African shilling was the sterling unit of account in British-controlled areas of East Africa from 1921 until 1969. [1] 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 were 1 pound.
Unlike elsewhere in the possessions of the British Empire that used the sterling, in British East Africa the shilling instead of the pound was the primary unit of account, with the pound being a superunit mainly used for recording very large sums of money that would be inconvenient if quoted solely in shillings.
This anomalous state of affairs arose because the first currency used by the British colonial authorities in British East Africa was the rupee, not sterling. 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 rupee, being a silver coin, rose in value against sterling. When it reached the value of two shillings, the authorities decided to replace it with the florin. From the florin thence came the East African shilling. The currency remained pegged to one shilling sterling and was subdivided into 100 cents. [2] [3] [4] In 1936, Zanzibar joined the currency board, and the Zanzibari rupee was replaced at a rate of 1/50 to 1 Zanzibari rupee. [3] It was replaced by local currencies (Kenyan shilling, Ugandan shilling, and Tanzanian shilling) following the territories' independence. [2] [3] [4]
In 1951, the East African shilling replaced the Indian rupee in the Aden colony and protectorate, which became the South Arabian Federation in 1963. In 1965, the East African Currency Board was breaking up, and the South Arabian dinar replaced the shilling in the South Arabian Federation at a rate of 20/= to 1 dinar. [1] [5]
The shilling was also used in parts of what is now Somalia, Ethiopia, and Eritrea when they were under British control. Before 1941, these areas, then known as Italian East Africa, used the Italian East African lira. In 1941, as a result of World War II, Britain regained control and introduced the shilling, at a rate of 1/= to 24 Lire. Italian Somaliland was returned to Italy in 1949 as a UN Trusteeship and soon switched to the somalo, which was at par with the shilling. British Somaliland gained independence in 1960, and joined what had been Italian Somaliland to create Somalia. In that year, Somalia began using the Somali shilling (replacing the Somali somalo) at par with the East African shilling. [6]
Ethiopia regained independence in 1941, with British support, and began using the East African shilling. Maria Theresa thalers, Indian rupees, and Egyptian pounds were also legal tender at the beginning of this time, and it is unclear exactly when this status ended. Full sovereignty was restored in late 1944, and the Ethiopian dollar was reintroduced in 1945 at a rate of $1 = 2/=. [7] Eritrea was captured from the Italians in 1941, and began using the East African shilling, as well as the Egyptian pound. The lira was demonetised in 1942. When Eritrea formed a federation with Ethiopia in 1952, the dollar, which was already in use in Ethiopia, was also adopted in Eritrea. [8]
A revived version of the currency has been proposed by the East African Community, which consists of Kenya, Tanzania, Uganda, Rwanda, Burundi, South Sudan, and the Democratic Republic of the Congo.
It had been proposed that the Second East African shilling would be introduced into circulation in 2012, but the target was not met. A second target date of 2015 was set, but that was not met either. The third target date is 2024. [9]
Issued during the reign of George V | ||||||||
---|---|---|---|---|---|---|---|---|
Image | Value | Catalogue number | Technical parameters | Description | Dates | Remarks | ||
Mass | Composition | Obverse | Reverse | |||||
1 cent | KM 22 | Bronze | "GEORGIVS V", "REX ET IND:IMP:", crown, value | "EAST AFRICA", value, date | 1922-1935 | central hole | ||
5 cents | KM 18 | 1921-1936 | ||||||
10 cents | KM 19 | |||||||
50 cents 1⁄2 shilling | KM 20 | 3.8879g | 25% silver | "GEORGIVS V", "REX ET IND:IMP:", bust of George V | Dual value, "EAST AFRICA", lion in front of mountain, date | 1921-1924 | ||
1 shilling | KM 21 | 7.7759g | Value, "EAST AFRICA", lion in front of mountain, date | 1921-1925 | ||||
For table standards, see the coin specification table. |
Issued during the reign of Edward VIII | ||||||||
---|---|---|---|---|---|---|---|---|
Image | Value | Catalogue number | Composition | Description | Dates | Remarks | ||
Obverse | Reverse | |||||||
5 cents | KM 23 | Bronze | "EDWARDVS VIII", "REX ET IND:IMP:", crown, value | "EAST AFRICA", value, date | 1936 | Central hole | ||
10 cents | KM 24 | |||||||
For table standards, see the coin specification table. |
Issued during the reign of George VI as GEORGIVS VI | ||||||||
---|---|---|---|---|---|---|---|---|
Image | Value | Catalogue number | Technical parameters | Description | Dates | Remarks | ||
Mass | Composition | Obverse | Reverse | |||||
1 cent | KM 29 | Bronze | "GEORGIVS VI", "REX ET IND:IMP:", crown, value | "EAST AFRICA", value, date | 1942 | central hole | ||
5 cents | KM 25 | 1936 | central hole | |||||
KM 25.1 | 1937-1941 | central hole, thick flan | ||||||
KM 25.2 | 1941-1943 | central hole, thin flan | ||||||
KM 25.3 | 1942 | NO central hole, thin flan | ||||||
10 cents | KM 26.1 | 1937-1941 | some with central hole, some without, thick flan | |||||
KM 26.2 | 1942-1945 | central hole, thin flan | ||||||
50 cents 1⁄2 shilling | KM 27 | 3.8879g | 25‰ silver | "GEORGIVS VI", "REX ET INDIÆ IMPERATOR", bust of George VI | Dual value, "EAST AFRICA", lion in front of mountain, date | 1937-1944 | ||
1 shilling | KM 28.1 | 7.7759g | Value, "EAST AFRICA", lion in front of mountain, date | 1937-1944 | edge reeding spaced out | |||
KM 28.2 | 1941 | rare, thicker rim, larger milling, minor design differences | ||||||
KM 28.3 | 1942-1943 | retouched central image on reverse | ||||||
KM 28.4 | 1944-1946 | same as KM 28.1 with edge reeding close | ||||||
For table standards, see the coin specification table. |
Issued during the reign of George VI as GEORGIVS SEXTVS | ||||||||
---|---|---|---|---|---|---|---|---|
Image | Value | Catalogue number | Composition | Description | Dates | Remarks | ||
Obverse | Reverse | |||||||
1 cent | KM 32 | Bronze | "GEORGIVS SEXTVS REX", crown, value | "EAST AFRICA", value, date | 1949-1952 | central hole | ||
5 cents | KM 33 | 1949-1952 | ||||||
10 cents | KM 34 | 1949-1952 | ||||||
50 cents 1⁄2 shilling | KM 30 | Cupronickel | "GEORGIVS SEXTVS REX", bust of George VI | Dual value, "EAST AFRICA", lion in front of mountain, date | 1948-1952 | |||
1 shilling | KM 31 | Value, "EAST AFRICA", lion in front of mountain, date | 1948-1952 | |||||
For table standards, see the coin specification table. |
Issued during the reign of Elizabeth II | ||||||||
---|---|---|---|---|---|---|---|---|
Image | Value | Catalogue number | Composition | Description | Dates | Remarks | ||
Obverse | Reverse | |||||||
1 cent | KM 35 | Bronze | "QUEEN ELIZABETH THE SECOND", crown, value | "EAST AFRICA", value, date | 1954-1962 | central hole | ||
5 cents | KM 37 | 1955-1963 | ||||||
10 cents | KM 38 | 1956-1964 | ||||||
50 cents 1⁄2 shilling | KM 36 | Cupronickel | "QUEEN ELIZABETH THE SECOND", bust of Elizabeth II | Dual value, "EAST AFRICA", lion in front of mountain, year of minting | 1954-1963 | |||
For table standards, see the coin specification table. |
Issued after independence | ||||||||
---|---|---|---|---|---|---|---|---|
Image | Value | Catalogue number | Composition | Description | Dates | Remarks | ||
Obverse | Reverse | |||||||
5 cents | KM 39 | Bronze | "SENTI TANO", 5, "FIVE CENTS", "EAST AFRICA" | "EAST AFRICA", "5", date | 1964 | central hole | ||
10 cents | KM 40 | "SENTI KUMI", 10, "TEN CENTS", "EAST AFRICA" | "EAST AFRICA", "10", date | 1964 | ||||
For table standards, see the coin specification table. |
Krause, Chester L.; Clifford Mishler (2003). 2004 Standard Catalog of World Coins: 1901–Present. Colin R. Bruce II (senior editor) (31st ed.). Krause Publications. ISBN 0873495934.
In 1921, notes were issued by the East African Currency Board in denominations of 5/=, 10/=, 20/=, 100/=, 200/=, 1,000/= and 10,000/=, with the notes of 20 shillings and above also having the denominations expressed in pounds (£1, £5, £10, £50 and £500). In 1943, 1/= notes were issued, the only occasion that such notes were produced. 1,000/= notes were only issued until 1933, with 10,000/= notes last issued in 1947. The remaining denominations were issued until 1964.
Shilling denominations were written on banknotes in English, Arabic, and Gujarati, while values in pounds were written in English only.
The Eastern Caribbean dollar is the currency of all seven full members and one associate member of the Organisation of Eastern Caribbean States (OECS). The successor to the British West Indies dollar, it has existed since 1965, and it is normally abbreviated with the dollar sign $ or, alternatively, EC$ to distinguish it from other dollar-denominated currencies. The EC$ is subdivided into 100 cents. It has been pegged to the United States dollar since 7 July 1976, at the exchange rate of US$1 = EC$2.70.
The shilling is a historical coin, and the name of a unit of modern currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence or one-twentieth of a pound before being phased out during the 1960s and 1970s.
Rupee is the common name for the currencies of India, Mauritius, Nepal, Pakistan, Seychelles, and Sri Lanka, and of former currencies of Afghanistan, Bahrain, Kuwait, Oman, the United Arab Emirates, British East Africa, Burma, German East Africa, and Tibet. In Indonesia and the Maldives, the unit of currency is known as rupiah and rufiyaa respectively, cognates of the word rupee.
The British West Indies dollar (BWI$) was the currency of British Guiana and the Eastern Caribbean territories of the British West Indies from 1949 to 1965, when it was largely replaced by the East Caribbean dollar, and was one of the currencies used in Jamaica from 1954 to 1964. The monetary policy of the currency was overseen by the British Caribbean Currency Board (BCCB). It was the official currency used by the West Indies Federation The British West Indies dollar was never used in British Honduras, the Cayman Islands, the Turks and Caicos Islands, the Bahamas, or Bermuda.
The pound was the currency of Australia from 1910 until 14 February 1966, when it was replaced by the Australian dollar. Like other £sd currencies, it was subdivided into 20 shillings, each of 12 pence.
The shilling is the currency of Uganda. Officially divided into cents until 2013, due to substantial inflation the shilling now has no subdivision.
The Somaliland shilling is the official currency of the Republic of Somaliland, an unrecognised sovereign state in the Horn of Africa, recognised internationally as de jure part of Somalia.
The dinar is the currency of Bahrain. It is divided into 1000 fils (فلس). The Bahraini dinar is abbreviated د.ب (Arabic) or BD (Latin). It is usually represented with three decimal places denoting the fils.
The dollar has been the currency of Barbados since 1935. Globally its currency has the ISO 4217 code BBD, however, unofficially in Barbados the International vehicle registration code BDS is also commonly used, a currency code that is otherwise reserved for Bangladesh outside Barbados. As such the present Barbados dollar has the official ISO 4217 code of BB which matches the [dot] .bb Cc-TLD domain names classification for Barbados under ISO 3166, plus D for dollar in the foreign exchange market. The Barbadian dollar is considered as a currency which can be divided into 100 cents, though the 1 cent coin is in the process of being phased out. In terms of population, Barbados is the third smallest country in the world after Tonga and the Seychelles to have an independent currency and monetary policy.
The Somali shilling is the official currency of Somalia. It is subdivided into 100 senti, cents (English) or centesimi (Italian).
Each "article" in this category is a collection of entries about several stamp issuers, presented in alphabetical order. The entries are formulated on the micro model and so provide summary information about all known issuers.
The pound was the currency of British West Africa, a group of British colonies, protectorates and mandate territories. It was equal to one pound sterling and was similarly subdivided into 20 shillings, each of 12 pence.
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.
The rupee was the currency of Britain's East African colonies and protectorates between 1906 and 1920. It was divided into 100 cents.
The pound was the currency of the Union of South Africa from the formation of the country as a British Dominion in 1910. It was replaced by the rand in 1961 when South Africa decimalised.
The Somalo was the currency of the Trust Territory of Somaliland administered by Italy between 1950 and 1960. The "Somalo" remained officially in use in the newly created Somali Republic until 1962. It was subdivided into 100 centesimi.
The lira AOI was a special banknote circulating in Italian East Africa between 1938 and 1941.
The pound was the currency of the Canadas until 1858. It was subdivided into 20 shillings (s), each of 12 pence (d). In Lower Canada, the sou was used, worth 1⁄2 penny. Although the £sd accounting system had its origins in sterling, the Canadian pound was never at par with sterling's pound.
The history and development of British currency in the Middle East emerged from the 19th century. British involvement in the Middle East began with the Aden Settlement in 1839. The British East India Company established an anti-piracy station in Aden to protect British shipping that was sailing to and from India. The Trucial States were similarly brought into the British Empire as a base for suppressing sea piracy in the Persian Gulf. Involvement in the region expanded to Egypt because of the Suez canal, as well as to Bahrain, Qatar, and Muscat. Kuwait was added in 1899 because of fears about the proposed Berlin-Baghdad Railway. There was a growing fear in the United Kingdom that Germany was a rising power, and there was concern about the implications of access to the Persian Gulf that would arise from the Berlin-Baghdad Railway. After the First World War the British influence in the Middle East reached its fullest extent with the inclusion of Palestine, Transjordan and Iraq.
Prior to European colonization, early Aboriginal Australian communities traded using items such as tools, food, ochres, shells, raw materials and stories, although there is no evidence of the use of currencies.
Preceded by: Indian rupee, Maria Theresa Thaler and other foreign currencies Ratio: 1 shilling = 1 British shilling | Currency of Colony of Aden 1951 – 1963 | Currency of Federation of South Arabia 1963 – 1965 | Succeeded by: South Yemeni dinar Ratio: 1 dinar = 20 shillings = 1 British pound | |
Currency of Aden Protectorate 1951 – 1959 | Currency of Federation of Arab Emirates of the South 1959 – 1963 | |||
Currency of remainder of Aden Protectorate 1959 – 1963 Note: throughout this time period, various states within the protectorate joined the federation | Currency of Protectorate of South Arabia 1963 – 1965 | |||
Preceded by: Zanzibari rupee Ratio: 1.5 East African shillings = 1 Zanzibari rupee = 1 Indian rupee = 1.5 British shilling | Currency of Zanzibar January 1, 1936 – 1964 | Currency of Tanzania (formerly Tanganyika and Zanzibar) 1964 – 1969 | Succeeded by: Tanzanian shilling Reason: currency independence Ratio: at par Note: independent shilling introduced in 1966, but EA shilling not demonetized until 1969 | |
Preceded by: East African florin Ratio: 2 shillings = 1 florin = 2 British shilling | Currency of East Africa (Kenya, Tanganyika, Uganda) 1921 – various dates of independence | |||
Currency of Kenya 1963 – 1969 | Succeeded by: Kenyan shilling Reason: currency independence Ratio: at par Note: independent shilling introduced in 1966, but EA shilling not demonetized until 1969 | |||
Currency of Uganda 1962 – 1969 | Succeeded by: First Ugandan shilling Reason: currency independence Ratio: at par Note: independent shilling introduced in 1966, but EA shilling not demonetized until 1969 | |||
Preceded by: Italian East African lira Reason: United Kingdom recaptured British Somaliland from Italy, and also occupied Italian East Africa Ratio: 1 shilling = 24 lire = 1 British shilling | Currency of British Somaliland 1941 – 1962 | Succeeded by: Somali shilling Reason: independence as part of Somalia Ratio: at par | ||
Currency of Italian Somaliland 1941 – 1950 | Succeeded by: Italian Somaliland somalo Reason: return to Italy (in 1949) Ratio: at par | |||
Currency of Ethiopia 1941 – 1945 | Succeeded by: Ethiopian birr Reason: (Ethiopia) independence (Eritrea) federation with Ethiopia Ratio: 1 birr = 2 shillings | |||
Currency of Eritrea 1941 – 1952 |