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US$1 = 177.721 francs Egypt: Egyptian pound: Central Bank of Egypt Eritrea: Eritrean nakfa: Bank of Eritrea: US$1 = 15 nakfa Ethiopia: Ethiopian birr: National Bank of Ethiopia Gambia: Gambian dalasi: Central Bank of The Gambia Ghana: Ghanaian cedi: Bank of Ghana Guinea: Guinean franc: Central Bank of the Republic of Guinea Kenya: Kenyan shilling
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 .
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 ...
The exchange rate of the Kenyan Shilling between 2003 and 2010 averaged about KSh74-78 per US Dollar. [67] The average inflation between 2005 and July 2015 was 8.5%. [68]
These included shells, [1] ingots, gold (gold dust and gold coins (the Asante)), arrowheads, iron, salt, cattle, goats, blankets, axes, beads, and many others. In the early 19th century a slave could be bought in West Africa with manilla currency ; multiples of X-shaped rings of bronze or other metal that could be strung on a staff.
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])
Water kiosks in slums are billed at a lower rate of 10 shillings/m 3 (US$0.10/m3) independently of consumption, if the kiosk owners are properly registered. [33] Nevertheless, slum residents end up paying much more for water. A 20-litre jerry can of water in a slum typically sells for 2 Kenyan shillings, corresponding to 100 shillings per m 3 (US$1
The African Kingdoms lumi is Africa's new global currency with rapidly growing usage throughout continental Africa and the Sixth Region. In March 2024 the lumi (AKL) joined the basket of global currencies used for African developmental purposes when it was adopted as an official tender by the executive secretary of Water and Sanitation for Africa (WSA), a forty-seven (47) member states Pan ...