Historic Japanese Yen Ugandan Shilling

Japanese Yen ugandan shilling history for December 2023. The highest quote for this month is 26.748 (17/12/2023) and the lowest 26.755 (17/12/2023). The difference between high and low is -0.03.

JPY UGX average rate for December 2023 is 26.00821, the change between 01/12/2023 and 31/12/2023 is -3.86 %.

01 December 20231 JPY = 25.52 UGX
03 December 20231 JPY = 26.00 UGX
04 December 20231 JPY = 25.71 UGX
05 December 20231 JPY = 25.49 UGX
06 December 20231 JPY = 25.50 UGX
07 December 20231 JPY = 25.38 UGX
08 December 20231 JPY = 25.89 UGX
10 December 20231 JPY = 26.24 UGX
11 December 20231 JPY = 25.76 UGX
12 December 20231 JPY = 25.77 UGX
13 December 20231 JPY = 25.89 UGX
14 December 20231 JPY = 26.26 UGX
15 December 20231 JPY = 26.27 UGX
17 December 20231 JPY = 26.75 UGX
18 December 20231 JPY = 26.34 UGX
19 December 20231 JPY = 26.14 UGX
20 December 20231 JPY = 25.88 UGX
21 December 20231 JPY = 25.91 UGX
22 December 20231 JPY = 26.17 UGX
25 December 20231 JPY = 26.18 UGX
26 December 20231 JPY = 26.20 UGX
27 December 20231 JPY = 26.17 UGX
28 December 20231 JPY = 26.30 UGX
29 December 20231 JPY = 26.50 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.

28/07/2016: Bank of Japan announces stimulus package

The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major currencies.

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.

11/03/2011: Great East Japan Earthquake

The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.

01/07/2010: Issue of New Currency Series

Uganda issued a new series of currency notes with enhanced security features to reduce counterfeiting.

15/09/2008: Lehman Brothers bankruptcy

The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.

02/05/2003: Introduction of Coins

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

20/03/1995: Kobe earthquake

The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.

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.

22/09/1985: Plaza Accord

Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.

01/03/1973: Yen becomes a floating currency

The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.

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.

15/06/1966: Introduction of the Ugandan Shilling

The Ugandan Shilling was introduced as the official currency of Uganda following its independence from British colonial rule.

15/12/1953: Yen is introduced

The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.