Shillings are a form of currency that were historically used in several countries, including the United Kingdom and Australia. The term originally referred to a coin made of silver, but over time, it became a unit of account. In the UK, the shilling was worth 12 pence and was used until the decimalization of the currency in 1971, when it was replaced by the pound. In addition to the UK, shillings were also used in various other nations, often with different values. For example, the East African shilling is still in use today in countries like Kenya and Tanzania. The shilling has a rich history and reflects the economic practices of the regions where it was used.