Historic Japanese Yen Ugandan Shilling

Japanese Yen ugandan shilling history for July 2023. The highest quote for this month is 26.12 (13/07/2023) and the lowest 26.313 (14/07/2023). The difference between high and low is -0.74.

JPY UGX average rate for July 2023 is 25.65176, the change between 01/07/2023 and 31/07/2023 is -1.31 %.

03 July 20231 JPY = 24.97 UGX
04 July 20231 JPY = 25.11 UGX
05 July 20231 JPY = 25.28 UGX
06 July 20231 JPY = 25.30 UGX
07 July 20231 JPY = 25.37 UGX
10 July 20231 JPY = 25.50 UGX
11 July 20231 JPY = 25.83 UGX
12 July 20231 JPY = 26.01 UGX
13 July 20231 JPY = 25.98 UGX
14 July 20231 JPY = 26.28 UGX
17 July 20231 JPY = 26.10 UGX
18 July 20231 JPY = 26.12 UGX
19 July 20231 JPY = 26.08 UGX
20 July 20231 JPY = 25.98 UGX
21 July 20231 JPY = 25.78 UGX
24 July 20231 JPY = 25.39 UGX
25 July 20231 JPY = 25.45 UGX
26 July 20231 JPY = 25.63 UGX
27 July 20231 JPY = 25.53 UGX
28 July 20231 JPY = 25.73 UGX
31 July 20231 JPY = 25.29 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.