Historic Gibraltar pound Ugandan Shilling

Gibraltar pound ugandan shilling history for February 2024. The highest quote for this month is 4959.31 (27/02/2024) and the lowest 4959.58 (26/02/2024). The difference between high and low is -0.01.

GIP UGX average rate for February 2024 is 4833.4481, the change between 01/02/2024 and 29/02/2024 is -3.34 %.

01 February 20241 GIP = 4769.12 UGX
02 February 20241 GIP = 4771.83 UGX
05 February 20241 GIP = 4788.17 UGX
06 February 20241 GIP = 4758.43 UGX
07 February 20241 GIP = 4778.68 UGX
08 February 20241 GIP = 4763.83 UGX
09 February 20241 GIP = 4793.58 UGX
12 February 20241 GIP = 4810.20 UGX
13 February 20241 GIP = 4815.39 UGX
14 February 20241 GIP = 4801.17 UGX
15 February 20241 GIP = 4812.78 UGX
16 February 20241 GIP = 4822.14 UGX
19 February 20241 GIP = 4829.31 UGX
20 February 20241 GIP = 4849.79 UGX
21 February 20241 GIP = 4854.83 UGX
22 February 20241 GIP = 4862.44 UGX
23 February 20241 GIP = 4883.04 UGX
26 February 20241 GIP = 4934.83 UGX
27 February 20241 GIP = 4957.69 UGX
28 February 20241 GIP = 4916.95 UGX
29 February 20241 GIP = 4928.21 UGX

01/10/2022: Transition to digital currency

Gibraltar announced the introduction of a digital currency pegged 1:1 to the Gibraltar pound, making it one of the first jurisdictions to do so.

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.

15/08/2019: Commencement of polymer £50 issuance

Polymer £50 banknotes were introduced, replacing the older paper £50 notes.

26/06/2018: New £100 banknote issued

A new £100 banknote featuring the image of Sir Joshua Hassan, first Chief Minister of Gibraltar, was issued.

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.

06/11/1988: Introduction of polymer banknotes

Polymer banknotes were introduced in Gibraltar, enhancing durability and counterfeit resilience.

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.

15/02/1971: Currency tied to British pound

The Gibraltar pound became pegged to the British pound at a rate of 1:1, ensuring stability and ease of trade.

23/06/1969: Currency switch to decimalization

Gibraltar switched from the pound shilling pence system to a decimalized currency, with 100 pence equal to 1 pound.

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.

07/03/1927: Introduction of Gibraltar pound

The Gibraltar pound was first introduced as the official currency of Gibraltar, replacing the Spanish peseta.
GIP UGX August 2023
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