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1 Florin - George V

Issuer East African Currency Board
Year 1920
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Shape Rectangular
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Reverse lettering ONE FLORIN
ONE FLORIN
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Protection description Watermarked paper
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Comments

The East African Currency Board was established in 1919 specifically to replace the Indian rupee as the region's monetary standard — a political and commercial decision driven by Britain's postwar desire to sever East Africa's currency link with India. The florin denomination was an awkward transitional unit, pegged at a rate intended to ease the swap, and it was abandoned relatively quickly as the shilling-based system solidified through the 1920s.

The 1920 issue is consequently short-lived as a type. P#8 sits at the opening of the EACB note series, and surviving examples in any decent state are genuinely uncommon — cotton paper from this period in tropical circulation rarely fared well against humidity.

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