Difference between revisions of "Kenyan shilling"

From Citizendium
Jump to: navigation, search
m (live)
(cat econ)
Line 5: Line 5:
[[category:CZ Live]]
[[category:CZ Live]]
[[Category:Economics Workgroup]]

Revision as of 16:12, 5 April 2007

The Shilling is the currency of the British Commonwealth republic of Kenya. It was introduced in 1966 to replace the East African Shilling.Like the East African Shilling, the Kenyan Shilling is divided into 100 Cents. Colloquially, 20 Shillings make 1 Kenyan Pound, which is a colonial hangover from when Kenya was a British colony. The sign for the Shilling is '/-'. For example, 1 Shilling is written as '1/-'. For 1 Shilling and 50 Cents, it is written as '1/50'.