Kenya's bimetallic coinage of the 1990s arrived during a period of significant IMF pressure on the Moi government to liberalize the economy and curb inflation, which had pushed past 45% annually by 1993. The 10 shilling denomination needed a format that would resist counterfeiting and signal monetary credibility at a moment when both were under strain.
The bimetallic construction was sourced through established European minting contractors — a common arrangement for East African central banks lacking domestic striking capacity at the time.
Kenya's bimetallic coinage of the 1990s arrived during a period of significant IMF pressure on the Moi government to liberalize the economy and curb inflation, which had pushed past 45% annually by 1993. The 10 shilling denomination needed a format that would resist counterfeiting and signal monetary credibility at a moment when both were under strain.
The bimetallic construction was sourced through established European minting contractors — a common arrangement for East African central banks lacking domestic striking capacity at the time.