Historic Ugandan Shilling Tongan paʻanga

Ugandan Shilling tongan paʻanga history for January 2024. The highest quote for this month is 0.000627 (11/01/2024) and the lowest 0.000623 (18/01/2024). The difference between high and low is 0.64.

UGX TOP average rate for January 2024 is 0.00062, the change between 01/01/2024 and 31/01/2024 is -1.47 %.

01 January 20241 UGX = 0.0006 TOP
02 January 20241 UGX = 0.0006 TOP
03 January 20241 UGX = 0.0006 TOP
04 January 20241 UGX = 0.0006 TOP
05 January 20241 UGX = 0.0006 TOP
06 January 20241 UGX = 0.0006 TOP
07 January 20241 UGX = 0.0006 TOP
08 January 20241 UGX = 0.0006 TOP
09 January 20241 UGX = 0.0006 TOP
10 January 20241 UGX = 0.0006 TOP
11 January 20241 UGX = 0.0006 TOP
12 January 20241 UGX = 0.0006 TOP
14 January 20241 UGX = 0.0006 TOP
15 January 20241 UGX = 0.0006 TOP
16 January 20241 UGX = 0.0006 TOP
17 January 20241 UGX = 0.0006 TOP
18 January 20241 UGX = 0.0006 TOP
19 January 20241 UGX = 0.0006 TOP
22 January 20241 UGX = 0.0006 TOP
23 January 20241 UGX = 0.0006 TOP
24 January 20241 UGX = 0.0006 TOP
25 January 20241 UGX = 0.0006 TOP
26 January 20241 UGX = 0.0006 TOP
28 January 20241 UGX = 0.0006 TOP
29 January 20241 UGX = 0.0006 TOP
30 January 20241 UGX = 0.0006 TOP
31 January 20241 UGX = 0.0006 TOP

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.

01/04/2020: 50th Anniversary of the Paʻanga

Tonga celebrated the 50th anniversary of the introduction of the paʻanga as its national currency.

29/07/2014: Second Devaluation of the Paʻanga

Another devaluation occurred, this time by 20%, as part of Tonga's economic reform program.

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.

14/03/2008: Currency Redenomination

Tonga redenominated its currency, removing three zeros from the paʻanga to simplify monetary transactions.

16/11/2006: Riot and Currency Crisis

Civil unrest and riots erupted in Tonga, leading to a currency crisis and a temporary suspension of trading the paʻanga.

02/05/2003: Introduction of Coins

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

01/04/1991: First Devaluation of the Paʻanga

The paʻanga was devalued by 25% in an attempt to boost Tonga's economy and improve trade competitiveness.

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.

04/06/1975: Independence of Tonga

Tonga gained full independence from the United Kingdom, further solidifying the status of the paʻanga as its national 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.

01/04/1967: Introduction of the Paʻanga

The Tongan paʻanga was introduced as the official currency, replacing the pound at a rate of 1 pound = 2 paʻanga.

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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