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schilling

currency
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Quick Summary

The shilling was a former currency in several countries, including Austria, England, Ireland, New Zealand, and Australia. In Austria, it was the basic monetary unit until 2002, when it was replaced by the euro. Historically, the British shilling was valued at one-twentieth of a pound sterling, or 12 pence.12

Today, the shilling remains the basic monetary unit in Kenya, Somalia, Tanzania, and Uganda. In these countries, the shilling is typically divided into 100 cents.1

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