Historic Ugandan Shilling Barbadian dollar

Ugandan Shilling barbadian dollar history for August 2023. The highest quote for this month is 0.000553 (04/08/2023) and the lowest 0.000554 (03/08/2023). The difference between high and low is -0.18.

UGX BBD average rate for August 2023 is 0.00054, the change between 01/08/2023 and 31/08/2023 is +2.9 %.

01 August 20231 UGX = 0.0006 BBD
02 August 20231 UGX = 0.0006 BBD
03 August 20231 UGX = 0.0006 BBD
04 August 20231 UGX = 0.0006 BBD
07 August 20231 UGX = 0.0006 BBD
08 August 20231 UGX = 0.0006 BBD
09 August 20231 UGX = 0.0006 BBD
10 August 20231 UGX = 0.0005 BBD
11 August 20231 UGX = 0.0005 BBD
12 August 20231 UGX = 0.0005 BBD
14 August 20231 UGX = 0.0005 BBD
15 August 20231 UGX = 0.0005 BBD
16 August 20231 UGX = 0.0005 BBD
17 August 20231 UGX = 0.0005 BBD
18 August 20231 UGX = 0.0005 BBD
20 August 20231 UGX = 0.0005 BBD
21 August 20231 UGX = 0.0005 BBD
22 August 20231 UGX = 0.0005 BBD
23 August 20231 UGX = 0.0005 BBD
24 August 20231 UGX = 0.0005 BBD
25 August 20231 UGX = 0.0005 BBD
28 August 20231 UGX = 0.0005 BBD
29 August 20231 UGX = 0.0005 BBD
30 August 20231 UGX = 0.0005 BBD
31 August 20231 UGX = 0.0005 BBD

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

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.

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.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

01/07/2010: Issue of New Currency Series

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

02/05/2003: Introduction of Coins

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

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

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.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

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.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

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.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.