Financial

East African Shilling

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East African Shilling

1. A currency used between 1921 and 1969 in the parts of East Africa controlled by the British. It was pegged to the British pound.

2. A proposed currency for the East African Community, which consists of Burundi, Kenya, Rwanda, Tanzania and Uganda. Circulation is expected to begin between 2012 and 2015.
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References in periodicals archive
Ten years from now, a Burundian trader may borrow money in Rwanda, buy goods in Kenya and sell them in Uganda, all using the same currency--the East African shilling.
You wrote your cheques in East African shillings. It made me feel really grown up and when I left Uganda, I took a nearly new cheque book with me and I still have it.
I was eventually deported because the newly independent government refused to recognise the work permit I had bought for 50 East African Shillings from an understanding immigration officer when I landed.
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