Historic Japanese Yen Ugandan Shilling

Japanese Yen ugandan shilling history for February 2024. The highest quote for this month is 25.966 (27/02/2024) and the lowest 26.053 (29/02/2024). The difference between high and low is -0.34.

JPY UGX average rate for February 2024 is 25.63296, the change between 01/02/2024 and 29/02/2024 is -0.76 %.

01 February 20241 JPY = 25.62 UGX
02 February 20241 JPY = 25.79 UGX
04 February 20241 JPY = 25.68 UGX
05 February 20241 JPY = 25.66 UGX
06 February 20241 JPY = 25.47 UGX
07 February 20241 JPY = 25.60 UGX
08 February 20241 JPY = 25.55 UGX
09 February 20241 JPY = 25.44 UGX
12 February 20241 JPY = 25.56 UGX
13 February 20241 JPY = 25.56 UGX
14 February 20241 JPY = 25.37 UGX
15 February 20241 JPY = 25.43 UGX
16 February 20241 JPY = 25.52 UGX
17 February 20241 JPY = 25.74 UGX
18 February 20241 JPY = 25.74 UGX
19 February 20241 JPY = 25.53 UGX
20 February 20241 JPY = 25.52 UGX
21 February 20241 JPY = 25.62 UGX
22 February 20241 JPY = 25.61 UGX
23 February 20241 JPY = 25.60 UGX
24 February 20241 JPY = 25.69 UGX
25 February 20241 JPY = 25.70 UGX
26 February 20241 JPY = 25.85 UGX
27 February 20241 JPY = 25.96 UGX
28 February 20241 JPY = 25.84 UGX
29 February 20241 JPY = 25.82 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.
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