Historic Pound sterling Ugandan Shilling

Pound sterling ugandan shilling history for January 2024. The highest quote for this month is 4840.12 (14/01/2024) and the lowest 4840.12 (14/01/2024). The difference between high and low is 0.

GBP UGX average rate for January 2024 is 4787.94346, the change between 01/01/2024 and 31/01/2024 is -0.43 %.

01 January 20241 GBP = 4769.36 UGX
02 January 20241 GBP = 4773.23 UGX
03 January 20241 GBP = 4731.15 UGX
04 January 20241 GBP = 4775.37 UGX
05 January 20241 GBP = 4783.28 UGX
07 January 20241 GBP = 4816.74 UGX
08 January 20241 GBP = 4755.95 UGX
09 January 20241 GBP = 4800.54 UGX
10 January 20241 GBP = 4776.83 UGX
11 January 20241 GBP = 4789.87 UGX
12 January 20241 GBP = 4802.93 UGX
14 January 20241 GBP = 4840.12 UGX
15 January 20241 GBP = 4780.79 UGX
16 January 20241 GBP = 4789.78 UGX
17 January 20241 GBP = 4774.46 UGX
18 January 20241 GBP = 4784.51 UGX
19 January 20241 GBP = 4781.03 UGX
22 January 20241 GBP = 4776.52 UGX
23 January 20241 GBP = 4790.81 UGX
24 January 20241 GBP = 4790.19 UGX
25 January 20241 GBP = 4799.38 UGX
26 January 20241 GBP = 4795.15 UGX
28 January 20241 GBP = 4830.77 UGX
29 January 20241 GBP = 4792.94 UGX
30 January 20241 GBP = 4794.82 UGX
31 January 20241 GBP = 4790.01 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.