Shilling currencies around the world
24th May 2023
The origin of the term Shilling is debated. Some believe it is based on the Old English term ‘Scilling’ which meant 1/20th of a pound.
Country Profile
Kenya has a long and complicated history with the UK.
It is currently one of sub-Saharan Africa’s biggest and most successful economies.
It has friendly policies toward foreign business and investment and has comparatively good infrastructure as well as large numbers of English speakers.
Total Value:
£416 million / 0.09% of all UK Imports
Top 5 Imports are:
Total Value:
£317 million / 0.10% of all UK Exports
Top 5 Exports are:
The British Chamber of Commerce in Kenya
+ 254 718 847 756
British High Commission Nairobi,
Upper Hill Road,
P.O. Box 30465-00100,
Nairobi, Kenya
Finseta has a dedicated team based in London serving businesses across the world
With a Finseta account you can transact in over 25 key currencies including GBP & KES
The origin of the term Shilling is debated. Some believe it is based on the Old English term ‘Scilling’ which meant 1/20th of a pound.
When you hear the term ‘Currency Union’ you probably think: Euro. Most people would. It’s by far the most high profile and successful monetary union.
