East African shilling

E43378
future currency proposed common currency

The East African shilling is a proposed common currency intended to be used by member states of the East African Community to promote regional economic integration.

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All labels observed (3)

Label Occurrences
East African shilling canonical 8
East African shilling (1921–1969) 1
East African shilling (British colonial currency) 1

Statements (47)

Predicate Object
instanceOf future currency ⓘ
proposed common currency ⓘ
currencySymbol unknown ⓘ
currencyType fiat currency ⓘ
denomination shilling ⓘ
goal enhance macroeconomic convergence in East Africa ⓘ
facilitate trade within East African Community ⓘ
reduce transaction costs in cross-border trade ⓘ
strengthen regional integration ⓘ
historicalInspiration East African shilling self-linksurface differs ⓘ
surface form: East African shilling (British colonial currency)
implementationDependsOn establishment of East African Central Bank ⓘ
macroeconomic convergence criteria ⓘ
intendedForUseBy member states of the East African Community ⓘ
intendedForUseIn East African Community ⓘ
iso4217Code not yet assigned ⓘ
languageVariant Swahili: Shilingi ya Afrika Mashariki ⓘ
legalStatus not legal tender as of 2024 ⓘ
monetaryUnion East African Monetary Union ⓘ
plannedBy Summit of EAC Heads of State ⓘ
surface form: EAC Heads of State Summit

East African Community ⓘ
predecessor East African shilling self-linksurface differs ⓘ
surface form: East African shilling (1921–1969)
proposedBy East African Community ⓘ
surface form: East African Community member governments
purpose promote regional economic integration ⓘ
region East Africa ⓘ
relatedConcept economic integration ⓘ
monetary union ⓘ
single currency ⓘ
relatedOrganization Secretariat of the East African Community ⓘ
surface form: East African Community Secretariat

East African Monetary Union ⓘ
surface form: East African Monetary Institute
relatedTo Monetary Union Protocol of the East African Community ⓘ
surface form: East African Monetary Union Protocol
status not yet in circulation ⓘ
proposed ⓘ
successorOf Burundian franc ⓘ
Congolese franc ⓘ
Kenyan shilling ⓘ
Rwandan franc ⓘ
South Sudanese pound ⓘ
Tanzanian shilling ⓘ
Ugandan shilling ⓘ
national currencies of EAC member states ⓘ
usedInFutureBy Burundi ⓘ
Democratic Republic of the Congo ⓘ
Kenya ⓘ
Rwanda ⓘ
South Sudan ⓘ
Tanzania ⓘ
Uganda ⓘ

Referenced by (10)

Full triples — surface form annotated when it differs from this entity's canonical label.

EAC → currencyPlanned → East African shilling ⓘ
subject surface form: East African Community
Colony of Aden → currency → East African shilling ⓘ
East African Community → currencyPlan → East African shilling ⓘ
East African shilling → predecessor → East African shilling self-linksurface differs ⓘ
this entity surface form: East African shilling (1921–1969)
East African shilling → historicalInspiration → East African shilling self-linksurface differs ⓘ
this entity surface form: East African shilling (British colonial currency)
Kenyan shilling → replacedCurrency → East African shilling ⓘ
Ugandan shilling → replacedCurrency → East African shilling ⓘ
Aden shilling → subunitOf → East African shilling ⓘ
Somali shilling → replacedCurrency → East African shilling ⓘ
Federation of South Arabia → currency → East African shilling ⓘ