Cryptocurrency Q&A
Are shillings still used?
Are shillings still used?
SakuraBlooming
Wed Sep 11 2024
|
6 answers
1037
Excuse me, I'm a bit curious about the usage of shillings these days. I understand that they were once widely used as a form of currency, but are shillings still in circulation today? I've heard they've been phased out in many places, but I'm not entirely sure. Could you clarify for me whether shillings are still being used as a means of exchange, and if so, in what contexts? I'm genuinely interested in the current status of shillings in the global financial landscape.
6 answers
Sofia
Thu Sep 12 2024
Uganda is another nation that still utilizes the shilling. The currency plays a vital role in facilitating trade and commerce within the country's borders.
Was this helpful?
80
91
Maria
Thu Sep 12 2024
The shilling, denoted by the solidus symbol "/", has been a historical currency in many regions. However, in modern times, its usage has significantly diminished.
Was this helpful?
273
82
QuasarGlider
Thu Sep 12 2024
Tanzania also retains the shilling as its legal tender. It is a testament to the enduring legacy of this historic form of money and its continued relevance in the region.
Was this helpful?
98
82
amelia_martinez_engineer
Thu Sep 12 2024
Despite this, a handful of countries continue to recognize the shilling as their official currency. These nations maintain a unique connection to this traditional form of money.
Was this helpful?
137
61
Eleonora
Thu Sep 12 2024
Somalia is another state that has not abandoned the shilling. The currency continues to serve as a means of economic exchange, demonstrating its resilience and adaptability over time.
Was this helpful?
226
78
Load 5 more related questions
