Historic Ugandan Shilling Hong Kong dollar

Ugandan Shilling hong kong dollar history for December 2023. The highest quote for this month is 0.002102 (27/12/2023) and the lowest 0.002112 (28/12/2023). The difference between high and low is -0.48.

UGX HKD average rate for December 2023 is 0.00208, the change between 01/12/2023 and 31/12/2023 is -0.77 %.

01 December 20231 UGX = 0.0021 HKD
02 December 20231 UGX = 0.0020 HKD
03 December 20231 UGX = 0.0020 HKD
04 December 20231 UGX = 0.0021 HKD
05 December 20231 UGX = 0.0021 HKD
06 December 20231 UGX = 0.0021 HKD
07 December 20231 UGX = 0.0021 HKD
08 December 20231 UGX = 0.0021 HKD
10 December 20231 UGX = 0.0021 HKD
11 December 20231 UGX = 0.0021 HKD
12 December 20231 UGX = 0.0021 HKD
13 December 20231 UGX = 0.0021 HKD
14 December 20231 UGX = 0.0021 HKD
15 December 20231 UGX = 0.0021 HKD
16 December 20231 UGX = 0.0021 HKD
17 December 20231 UGX = 0.0021 HKD
18 December 20231 UGX = 0.0021 HKD
19 December 20231 UGX = 0.0021 HKD
20 December 20231 UGX = 0.0021 HKD
21 December 20231 UGX = 0.0021 HKD
22 December 20231 UGX = 0.0021 HKD
23 December 20231 UGX = 0.0021 HKD
24 December 20231 UGX = 0.0021 HKD
25 December 20231 UGX = 0.0021 HKD
26 December 20231 UGX = 0.0021 HKD
27 December 20231 UGX = 0.0021 HKD
28 December 20231 UGX = 0.0021 HKD
29 December 20231 UGX = 0.0021 HKD

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.

01/07/2010: Issue of New Currency Series

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

18/05/2005: Removal of Ten Hong Kong Dollars Note

The Hong Kong Monetary Authority announced the removal of the HKD 10 paper note from circulation, encouraging the usage of electronic payment methods and reducing printing costs.

02/05/2003: Introduction of Coins

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

01/07/1997: Hong Kong's Handover to China

Hong Kong was officially handed over to China, marking the end of British colonial rule but maintaining the Hong Kong Dollar as its currency under the 'one country, two systems' principle.

17/10/1991: Linked Exchange Rate System

The Linked Exchange Rate System (LERS) was implemented, establishing a narrow trading range of HKD 7.75 to 7.85 against the U.S. Dollar, backed by stringent measures to maintain stability.

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.

31/12/1983: Joint Declaration on the Future of Hong Kong

The Sino-British Joint Declaration was signed, affirming Hong Kong's return to China in 1997 and ensuring the continuity of the Hong Kong Dollar as its official currency.

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.

22/05/1972: Pegging to the U.S. Dollar

As the British Pound faced pressures in the foreign exchange market, Hong Kong decided to switch the peg to the U.S. Dollar at a rate of HKD 5.65 to USD 1.

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.

12/09/1935: Pegging to the Sterling

The Hong Kong Dollar was pegged to the British Pound (Sterling) at a fixed exchange rate of HKD 16 to GBP 1, which helped stabilize the currency.

01/01/1863: Introduction of the Hong Kong Dollar

The Hong Kong Dollar was first introduced as an official currency by the British colonial government to facilitate trade and commerce in Hong Kong.