Historic Kazakhstani tenge Ugandan Shilling

Kazakhstani tenge ugandan shilling history for February 2024. The highest quote for this month is 8.7441 (27/02/2024) and the lowest 8.7794 (26/02/2024). The difference between high and low is -0.4.

KZT UGX average rate for February 2024 is 8.54719, the change between 01/02/2024 and 29/02/2024 is -3.2 %.

01 February 20241 KZT = 8.44 UGX
02 February 20241 KZT = 8.44 UGX
03 February 20241 KZT = 8.42 UGX
04 February 20241 KZT = 8.42 UGX
05 February 20241 KZT = 8.40 UGX
06 February 20241 KZT = 8.35 UGX
07 February 20241 KZT = 8.39 UGX
08 February 20241 KZT = 8.39 UGX
09 February 20241 KZT = 8.48 UGX
12 February 20241 KZT = 8.60 UGX
13 February 20241 KZT = 8.57 UGX
14 February 20241 KZT = 8.58 UGX
15 February 20241 KZT = 8.59 UGX
16 February 20241 KZT = 8.58 UGX
17 February 20241 KZT = 8.60 UGX
18 February 20241 KZT = 8.60 UGX
19 February 20241 KZT = 8.57 UGX
20 February 20241 KZT = 8.55 UGX
21 February 20241 KZT = 8.53 UGX
22 February 20241 KZT = 8.59 UGX
23 February 20241 KZT = 8.58 UGX
24 February 20241 KZT = 8.60 UGX
25 February 20241 KZT = 8.60 UGX
26 February 20241 KZT = 8.69 UGX
27 February 20241 KZT = 8.78 UGX
28 February 20241 KZT = 8.70 UGX
29 February 20241 KZT = 8.71 UGX

13/12/2021: Introduction of New Banknotes and Coins

New banknotes and coins were introduced, featuring updated designs, improved security features, and denominations. This aims to enhance the efficiency of cash transactions.

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.

03/04/2017: Transition to Free Float

After gradually reducing interventions, Kazakhstan fully transitioned to a free float exchange rate for the tenge, allowing the market to determine its value.

20/08/2015: Tenge Devaluation

Kazakhstan devalued the tenge by around 30% due to falling oil prices and economic instability. This move aimed to boost exports and protect the economy.

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.

19/04/2004: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs were introduced to combat counterfeiting and modernize the currency.

02/05/2003: Introduction of Coins

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

04/10/1999: Floating Exchange Rate

Kazakhstan switched to a floating exchange rate regime, allowing the tenge to fluctuate freely based on market supply and demand.

15/02/1994: Denomination of Tenge

The tenge underwent a 10,000-fold denomination, where 1 new tenge was equal to 10,000 old tenge. This was done to simplify currency handling and eliminate excessive zeros.

15/11/1993: Introduction of Kazakhstani Tenge

The Kazakhstani tenge was introduced as the new currency of Kazakhstan, replacing the Soviet ruble. The exchange rate was set at 1 tenge = 500 rubles.

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.

15/06/1966: Introduction of the Ugandan Shilling

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