Shilling
Name for a coin or unit of currency / From Wikipedia, the free encyclopedia
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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, where they were generally equivalent to 12 pence or one-twentieth of a pound before being phased out during the 1960s and 1970s.
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Currently the shilling is used as a currency in five east African countries: Kenya, Tanzania, Uganda, Somalia, and the de facto country of Somaliland.[1] The East African Community additionally plans to introduce an East African shilling.