Shilling: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Remove surplus links.)
imported>Doug Williamson
(Update 2nd definition.)
 
Line 8: Line 8:
Historically, before decimalisation, a shilling was 1/20 of a pound.
Historically, before decimalisation, a shilling was 1/20 of a pound.


For example, the pound sterling (GBP).
For example, the former GBP shilling was worth 1/20 of a pound sterling, equivalent to £0.05 following decimalisation.





Latest revision as of 09:32, 28 September 2022

1. Currency names - current.

Shilling is a generic name for the currencies of Kenya (KES), Somalia (SOS), Tanzania (TZS) and Uganda (UGX).


2. Currency names - pounds - historic.

Historically, before decimalisation, a shilling was 1/20 of a pound.

For example, the former GBP shilling was worth 1/20 of a pound sterling, equivalent to £0.05 following decimalisation.


See also