Historic Gibraltar pound Ugandan Shilling

Gibraltar pound ugandan shilling history for January 2024. The highest quote for this month is 4812.67 (26/01/2024) and the lowest 4813.71 (24/01/2024). The difference between high and low is -0.02.

GIP UGX average rate for January 2024 is 4782.7087, the change between 01/01/2024 and 31/01/2024 is -0.63 %.

01 January 20241 GIP = 4771.46 UGX
02 January 20241 GIP = 4736.57 UGX
03 January 20241 GIP = 4738.93 UGX
04 January 20241 GIP = 4786.90 UGX
05 January 20241 GIP = 4797.82 UGX
08 January 20241 GIP = 4757.77 UGX
09 January 20241 GIP = 4794.49 UGX
10 January 20241 GIP = 4781.69 UGX
11 January 20241 GIP = 4788.71 UGX
12 January 20241 GIP = 4795.64 UGX
15 January 20241 GIP = 4776.17 UGX
16 January 20241 GIP = 4767.35 UGX
17 January 20241 GIP = 4780.68 UGX
18 January 20241 GIP = 4779.29 UGX
19 January 20241 GIP = 4779.75 UGX
22 January 20241 GIP = 4785.70 UGX
23 January 20241 GIP = 4783.33 UGX
24 January 20241 GIP = 4814.64 UGX
25 January 20241 GIP = 4801.46 UGX
26 January 20241 GIP = 4807.31 UGX
29 January 20241 GIP = 4788.99 UGX
30 January 20241 GIP = 4786.18 UGX
31 January 20241 GIP = 4801.47 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 January 2024
GIP UGX February 2024
GIP UGX March 2024
GIP UGX April 2024
GIP UGX May 2024
GIP UGX June 2024
GIP UGX July 2024
GIP UGX August 2024
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GIP UGX November 2024
GIP UGX December 2024
GIP UGX January 2025