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100 Shillings / 5 Pounds - George V

Issuer East African Currency Board
Year 1921
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Currency Shilling (1921-1967)
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Obverse lettering THE EAST AFRICAN CURRENCY BOARD ONE HUNDRED SHILLINGS OR FIVE POUNDS THESE NOTES ARE LEGAL TENDER FOR THE PAYMENT OF ANY AMOUNT MEMBERS OF THE EAST AFRICAN CURRENCY BOARD
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Reverse lettering ONE HUNDRED SHILLINGS OR FIVE POUNDS ONE HUNDRED SHILLINGS OR FIVE POUNDS
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The East African Currency Board was established in 1919 to provide a unified currency across British East Africa — Kenya, Uganda, Tanganyika, and Zanzibar among the territories covered. This note predates the formal separation of the shilling and pound denominations that would come with later series; the dual-denomination format reflects genuine uncertainty in the early 1920s about which unit of account would dominate trade, given the pound's grip on merchant bookkeeping versus the shilling's everyday utility.

Pick 16 is among the rarest surviving issues from the Board's first decade. De La Rue's production records indicate low print runs for the highest denominations in this series, and few reached general circulation — most were used in interbank settlements.

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