East African shilling in 1952, the birr, which was already in use in Ethiopia, was adopted in Eritrea. A new version of the currency is proposed by the East African Community, which consists of Kenya, Tanzania, Uganda, Rwanda, Burundi, and South Sudan. It had been proposed that the Second East African shilling be introduced into circulation in 2012, but the target was not met. A second target date was set to 2015, but also not met. The third target date is 2024. In 1921, notes were issued by the East African Currency Board in denominations of 5, 10, 20, 100, 200, 1,000 and
East African shilling East African shilling The East African shilling was the currency issued for use in British controlled areas in East Africa from 1921 until 1969. It was produced by the East African Currency Board. It is also the proposed name for a common currency that the East African Community plans to introduce. The shilling was subdivided into 100 "cents", and a "pound" was equivalent to twenty shillings. In the United Kingdom, the pound sterling formerly was divided into twenty shillings, and it was normal to consider the shilling to be a subsidiary unit of the pound. In British East Africa, however,