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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 shillings, before being replaced by the naira.
In mediaeval Austria, there were short and long schilling coins, valued at 12 and 30 pfennigs respectively. Until 1857, the schilling was a currency unit for 30 pfennigs or 7 + 1 ⁄ 2 kreuzers . The Austrian groschen (also known as the Kaisergroschen , lit. “emperor's groschen / groat ”) was a silver coin worth 12 pfennigs = 3 kreuzers = 2 ...
1 shilling obverse 2 shillings obverse 1966–1971 Daniel arap Moi: 1924-2020 2nd President of Kenya (1978–2002) Shilling 5 cents obverse 1980–2005 10 cents obverse 50 cents obverse 1 shilling obverse 5 shillings obverse 1985–2005 10 shillings obverse 1994–2005 20 shillings obverse 1998–2005
Somali shilling: Sh or Shs (pl.) SOS Cent: 100 Somaliland: Somaliland shilling: Sh or Shs (pl.) (none) Cent: 100 South Africa: South African rand: R ZAR Cent: 100 South Ossetia: Russian ruble ₽ RUB Kopeck: 100 South Sudan: South Sudanese pound: SS£ SSP Piaster: 100 Spain: Euro € EUR Cent: 100 Sri Lanka: Sri Lankan rupee: Re or Rs (pl.) LKR ...
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 ...
In the 19th century, the term schilling was still the equivalent of 30 pfennigs or 7½ kreuzers in the dialects of Salzburg and Upper Austria. [ 7 ] From 1925 to 1938 and 1945 to 1998 the schilling was an accounting unit as well as a currency, but from 1999 until the introduction of the euro in 2002, the schilling was only a currency unit.
In Austria, a Groschen (plural: Groschen) was a 1 ⁄ 100 part of a Schilling (1924–38 and 1945–2001) In Turkey, a kuruş is a 1/100 part of lira. Likewise, in Germany groschen remained a slang term for the 10 pfennig coin, thus a 1 ⁄ 10 part both of the (West German) Deutsche Mark and the East German mark .
The naira was introduced on 1 January 1973, [9] replacing the Nigerian pound at a rate of £1 = ₦2. [10] The coins of the new currency were the first coins issued by an independent Nigeria, as all circulating coins of the Nigerian pound were all struck by the colonial government of the Federation of Nigeria in 1959, with the name of Queen ...