Ugandan Shilling australian dollar exchange rate history (UGX AUD) October 2023

Ugandan Shilling australian dollar history for October 2023. The highest quote for this month is 0.00043 (03/10/2023) and the lowest 0.000427 (04/10/2023). The difference between high and low is 0.7.

UGX AUD average rate for October 2023 is 0.00042, the change between 01/10/2023 and 31/10/2023 is -1.69 %.

01 October 2023	1 UGX = 0.0004 AUD
02 October 2023	1 UGX = 0.0004 AUD
03 October 2023	1 UGX = 0.0004 AUD
04 October 2023	1 UGX = 0.0004 AUD
05 October 2023	1 UGX = 0.0004 AUD
06 October 2023	1 UGX = 0.0004 AUD
07 October 2023	1 UGX = 0.0004 AUD
09 October 2023	1 UGX = 0.0004 AUD
10 October 2023	1 UGX = 0.0004 AUD
11 October 2023	1 UGX = 0.0004 AUD
12 October 2023	1 UGX = 0.0004 AUD
13 October 2023	1 UGX = 0.0004 AUD
16 October 2023	1 UGX = 0.0004 AUD
17 October 2023	1 UGX = 0.0004 AUD
18 October 2023	1 UGX = 0.0004 AUD
19 October 2023	1 UGX = 0.0004 AUD
20 October 2023	1 UGX = 0.0004 AUD
21 October 2023	1 UGX = 0.0004 AUD
22 October 2023	1 UGX = 0.0004 AUD
23 October 2023	1 UGX = 0.0004 AUD
24 October 2023	1 UGX = 0.0004 AUD
25 October 2023	1 UGX = 0.0004 AUD
26 October 2023	1 UGX = 0.0004 AUD
27 October 2023	1 UGX = 0.0004 AUD
29 October 2023	1 UGX = 0.0004 AUD
30 October 2023	1 UGX = 0.0004 AUD
31 October 2023	1 UGX = 0.0004 AUD

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.

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

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.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

01/07/2010: Issue of New Currency Series

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

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

02/05/2003: Introduction of Coins

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

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

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.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

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.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

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.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

Historic Ugandan Shilling Australian dollar