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5 Shillings - George V

Issuer East African Currency Board
Year 1933
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Value 5 Shillings
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Obverse lettering THE EAST AFRICAN CURRENCY BOARD FIVE SHILLINGS THESE NOTES ARE LEGAL TENDER FOR THE PAYMENT OF ANY AMOUNT NAIROBI MEMBERS OF THE EAST AFRICAN CURRENCY BOARD
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Reverse lettering FIVE SHILLINGS FIVE SHILLINGS
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Comments

The East African Currency Board was a British colonial monetary authority serving Kenya, Uganda, Tanganyika, and Zanzibar — a single currency zone unusual in its breadth and longevity. This 1933 issue sits in a narrow window: the EACB had consolidated its position after the post-WWI inflations but was already beginning to feel pressure from the 1930s depression that hammered commodity prices across East Africa, particularly sisal, coffee, and cotton.

De La Rue's involvement with the EACB series was continuous from the earliest issues, giving the run a consistency of paper and print quality rare in colonial currency of the period. The P#20 is among the scarcer interwar denominations in circulated grades — the 5 Shilling value was a working note, not a reserve one.

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