Historic Arab Emirates Dirham Ugandan Shilling

Arab Emirates Dirham ugandan shilling history for August 2023. The highest quote for this month is 1015.71 (19/08/2023) and the lowest 1015.71 (19/08/2023). The difference between high and low is 0.

AED UGX average rate for August 2023 is 995.28115, the change between 01/08/2023 and 31/08/2023 is -2.98 %.

01 August 20231 AED = 974.0 UGX
02 August 20231 AED = 977.4 UGX
03 August 20231 AED = 977.4 UGX
04 August 20231 AED = 970.1 UGX
07 August 20231 AED = 965.7 UGX
08 August 20231 AED = 972.3 UGX
09 August 20231 AED = 974.3 UGX
10 August 20231 AED = 984.3 UGX
11 August 20231 AED = 1004.80 UGX
12 August 20231 AED = 1015.25 UGX
14 August 20231 AED = 1008.54 UGX
15 August 20231 AED = 1001.07 UGX
16 August 20231 AED = 1004.79 UGX
17 August 20231 AED = 1004.51 UGX
18 August 20231 AED = 1004.27 UGX
19 August 20231 AED = 1015.71 UGX
20 August 20231 AED = 1015.71 UGX
21 August 20231 AED = 1003.16 UGX
22 August 20231 AED = 1003.84 UGX
23 August 20231 AED = 1003.07 UGX
24 August 20231 AED = 999.8 UGX
25 August 20231 AED = 999.0 UGX
28 August 20231 AED = 995.5 UGX
29 August 20231 AED = 997.8 UGX
30 August 20231 AED = 1001.99 UGX
31 August 20231 AED = 1003.00 UGX

03/06/2020: COVID-19 Impact on the Shilling

The Ugandan Shilling experienced a significant decline in value due to the economic impact of the COVID-19 pandemic.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

01/09/2013: Withdrawal of Old Currency Series

The old series of Ugandan Shilling notes were phased out and replaced with the new currency series.

01/07/2010: Issue of New Currency Series

Uganda issued a new series of currency notes with enhanced security features to reduce counterfeiting.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

02/05/2003: Introduction of Coins

Uganda introduced coins denominated in Shillings to replace lower-value notes and facilitate transactions.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

15/05/1987: Introduction of the 500 Shilling Note

A new 500 Shilling note was introduced to combat the rapid inflation and devaluation of the currency.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

05/08/1972: Idi Amin's Currency Change

President Idi Amin ordered the demonetization of old Ugandan Shilling notes and replaced them with new ones, causing an economic crisis.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

15/06/1966: Introduction of the Ugandan Shilling

The Ugandan Shilling was introduced as the official currency of Uganda following its independence from British colonial rule.
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