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.
01/10/2019: New Generation Banknotes
Kenya introduced a new series of banknotes with enhanced security features and design elements to fight illicit financial activities.
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: Introduction of New Currency Denominations
Kenya introduced new currency denominations, including the 1000 shilling note, to combat money laundering and illegal financial activities.
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.
14/09/1994: Transition to New Currency
Kenya introduced a new design of banknotes and coins to counter counterfeiting and promote national identity.
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.
01/07/1985: Second Devaluation of the Shilling
The Kenyan shilling was further devalued by 30% as part of economic reforms and structural adjustments.
14/09/1980: Devaluation of the Shilling
The Kenyan shilling was devalued by 30% as part of an austerity measure to address the country's economic challenges.
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.
14/06/1969: Decimalization of the Shilling
Kenya decimalized its currency, dividing the shilling into 100 cents for easier transactions and financial calculations.
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.
14/06/1966: Introduction of the Kenyan Shilling
The Kenyan shilling was introduced as the official currency of Kenya replacing the East African shilling as a result of Kenya's independence from British colonial rule.