The shilling is a historical coin, and the name of a unit of modern currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence or one-twentieth of a pound before being phased out during the 1960s and 1970s.
Currently the shilling is used as unit of account in five East African countries: Kenya, Tanzania, Uganda, Somalia and (the de facto country of) Somaliland. Looking forward, the East African Community plans to introduce a common currency, the East African shilling.