Timeline

• ??.05.1888
• Resolution of the Imperial British East Africa Company (established 18.04.1888, chartered 06.09.1888) on the adoption of the Indian Rupee as currency for its possessions and issuance of silver and copper coins; effective immediately (?)
• 19.05.1898
• Ordinance [East Africa (Currency) Order in council] on the appointment of a currency Commissioner for the East Africa Protectorate and the confirmation of the Indian Rupee as currency, the Company's coinage of 1888 remained tolerated; effective 01.01.1899

Timeline

• 10.02.1905
• Ordinance [East Africa and Uganda (Currency) Order in Council] on the establishment of a Currency Commission for the East Africa and Uganda Protectorates and the creation of a distinct currency; effective 01.09.1905
  - 30.06.1906: Order in Council [East Africa and Uganda (Currency)] amending the 1905 ordinance, lowered the weights of the subsidiary coins; effective immediately.
• 01.09.1905
• Start of currency exchange:
  - 01.09.1905: Start of issuance of the new paper money
  - 02.04.1906: Start of issuance of the new (decimal) subsidiary coins
  - 31.05.1910: Demonetization of non-decimal subsidiary coins to the Indian Rupee.

Valuation Regimes

• 1905-1921
• Fixed rate against Indian Rupee

Timeline

• 26.04.1920
• Ordinance [East Africa and Uganda (Currency) (No. 2) Order] on the the change of currency and the establishment of a "new" currency board for East Africa (Kenya) and Uganda; effective immediately
  - 11.12.1924: Approval of the East African Currency Board's constitution, duties, and powers (including the extension of its jurisdiction into Tanganyika) by the Secretary of the Colonies; effective 01.07.1923 (retroactive).
• 01.05.1920
• Start of currency exchange:
  - 01.05.1920: Start of issuance of the new banknotes, the Indian silver coins remained current
  - 17.07.1920: Import ban for Indian currency (due to the devaluation against the Pound Sterling)
  - 08.06.1921: Start of issuance of the new coins (the Florin was issued only in Uganda)
  - 07.06.1921: Proclamation [No. 85] of the withdrawal of silver coins of India and the Imperial British East Africa at a rate of 1 Rupee = 1 Florin for a maximum of 500 Rupees; effective 22.07.1921.

Valuation Regimes

• 1920-1922
• Fixed rate against British Pound

Timeline

• 10.08.1921
• Order in Council [Kenya and Uganda (Currency), No. 1830] on the change of currency; effective 01.01.1922
  - 07.11.1921: Order in Council [Kenya and Uganda (Currency), No. 1831] amending the 1921 order, sets the value of the subsidiary coins of 10, 5, 1 Cents to the Florin at 20, 10, 2 Cents to the Shilling (as the coins were almost identical the original order prescribed their values as 10, 5, 1 Cents to the Shilling); effective 01.01.1922.
• 01.01.1922
• Start of currency exchange:
  - 01.01.1922: Start of issuance of the new banknotes, the former currency was not demonetized but gradually withdrawn.


• 1936-1951
• Extensions of the jurisdiction of the East African Currency Board:
  - 01.01.1936: Zanzibar
  - 30.04.1941: British Somaliland (until 30.06.1960)
  - ??.03.1941: Italian Somaliland (until 21.05.1950)
  - 26.04.1941: Eritrea (until 14.09.1952)
  - 30.04.1941: Ethiopia (until 14.04.1943)
  - 01.10.1951: Aden (until 31.03.1965).
• ??.??.1964
• Start of issuance of post-independence banknotes and coins by the East African Currency Board.
• 1966-1971
• Termination of the issuance privilege of the East African Currency Board:
  - 13.06.1966: Tanzania (Tanganyika and Zanzibar), currency withdrawn until 31.07.1966
  - 14.08.1966: Uganda, currency withdrawn until 09.04.1967
  - 13.09.1966: Kenya, currency withdrawn until 09.04.1967
  - 26.02.1971: Formal dissolution of the East African Currency Board.

Valuation Regimes

• 1922-1966
• Fixed rate against British Pound

Timeline

• 30.11.2013
• The heads of state of the five members of the East African Community (Burundi, Kenya, Rwanda, Tanzania, Uganda) passed the "Protocol on the Establishment of the East African Community Monetary Union (EAMU)" to the end of creating a common currency and central bank within ten years.