Shilling

This article is about British and Commonwealth coin. For the European coin, see Schilling (coin). For the Austrian coin, see Austrian schilling. For other uses, see Shilling (disambiguation).

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. It was generally equivalent to 12 pence, one-twentieth of a pound (worth 240 pence before decimalization), and was largely phased out during the 1960s and 1970s.

As of 2026, five East African countries have a shilling as their unit of account. These are the Kenyan shilling, the Tanzanian shilling, the Ugandan shilling, the Somali shilling and the (de facto) Somaliland shilling. Looking forward, the East African Community plans to introduce a common currency, the East African shilling.

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