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On 14 September 1966, the Kenyan shilling replaced the East African shilling at par, although the latter was not demonetised until 1969. The Central Bank of Kenya issued notes in denominations of 5/=, 10/=, 20/=, 50/= and 100/=. All of the notes feature a portrait of Kenya's first prime minister and president, Jomo Kenyatta, on the front and ...
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. The shilling was divided into 100 cents, and twenty shillings ...
20 shillings 1 pound: P22 Blue-black on yellow and orange underprinting, back brown 100 shillings 5 pounds: P23 Blue-black on lilac underprinting, back red-brown 200 shillings 10 pounds: P24 Blue-black on gray-blue underprinting 1000 shillings 50 pounds: P25 Blue-black on light brown underprinting 10,000 shillings 500 pounds: P26 Blue-black on ...
Prices in the Ugandan shilling are written in the form of x/y, where x is the amount in shillings, while y is the amount in cents. An equals sign or hyphen represents zero amount. For example, 50 cents is written as "-/50" and 100 shillings as "100/=" or "100/-". Sometimes the abbreviation USh is prefixed for distinction. If the amount is ...
In Kenya there are about 42 different languages, which have different dialects and indigenous names for money, in addition to the official National languages of Swahili and English. In English, Kenyan currency is a Shilling while in Swahili it is "Shilingi". (Indeed, all East African countries refer to their money as Shillings. [citation needed])
The U.S. dollar remains the dominant currency in global foreign exchange reserves, typically accounting for around 60% to 65% of total reserves, although this share has seen some gradual decline over the past few decades due to diversification trends.
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A Decimal Coinage Commission had been set up in 1956 to consider a move away from the denominations of pounds, shillings, and pence; it submitted its recommendations on 8 August 1958. [3] It replaced the South African pound as legal tender, at the rate of 2 rand to 1 pound, or 10 shillings to the rand.