Historic Pound sterling Ugandan Shilling

Pound sterling ugandan shilling history for February 2024. The highest quote for this month is 4951.34 (27/02/2024) and the lowest 4964.43 (26/02/2024). The difference between high and low is -0.26.

GBP UGX average rate for February 2024 is 4840.92174, the change between 01/02/2024 and 29/02/2024 is -3.14 %.

01 February 20241 GBP = 4775.53 UGX
02 February 20241 GBP = 4813.93 UGX
05 February 20241 GBP = 4810.10 UGX
06 February 20241 GBP = 4745.31 UGX
07 February 20241 GBP = 4770.61 UGX
08 February 20241 GBP = 4776.88 UGX
09 February 20241 GBP = 4792.61 UGX
12 February 20241 GBP = 4817.44 UGX
13 February 20241 GBP = 4821.96 UGX
14 February 20241 GBP = 4814.23 UGX
15 February 20241 GBP = 4811.27 UGX
16 February 20241 GBP = 4820.32 UGX
18 February 20241 GBP = 4870.53 UGX
19 February 20241 GBP = 4832.66 UGX
20 February 20241 GBP = 4827.63 UGX
21 February 20241 GBP = 4850.97 UGX
22 February 20241 GBP = 4866.99 UGX
23 February 20241 GBP = 4878.34 UGX
25 February 20241 GBP = 4898.11 UGX
26 February 20241 GBP = 4929.20 UGX
27 February 20241 GBP = 4958.57 UGX
28 February 20241 GBP = 4932.29 UGX
29 February 20241 GBP = 4925.72 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.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

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.

02/05/2003: Introduction of Coins

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

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

05/08/1972: 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.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal 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.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.
GBP UGX August 2023
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