Historic South Korean Won Ugandan Shilling

South Korean Won ugandan shilling history for February 2024. The highest quote for this month is 2.9344 (27/02/2024) and the lowest 2.9443 (26/02/2024). The difference between high and low is -0.34.

KRW UGX average rate for February 2024 is 2.87781, the change between 01/02/2024 and 29/02/2024 is -3.31 %.

01 February 20241 KRW = 2.824 UGX
02 February 20241 KRW = 2.842 UGX
03 February 20241 KRW = 2.844 UGX
04 February 20241 KRW = 2.844 UGX
05 February 20241 KRW = 2.849 UGX
06 February 20241 KRW = 2.839 UGX
07 February 20241 KRW = 2.852 UGX
08 February 20241 KRW = 2.849 UGX
09 February 20241 KRW = 2.852 UGX
12 February 20241 KRW = 2.866 UGX
13 February 20241 KRW = 2.874 UGX
14 February 20241 KRW = 2.852 UGX
15 February 20241 KRW = 2.887 UGX
16 February 20241 KRW = 2.882 UGX
17 February 20241 KRW = 2.904 UGX
18 February 20241 KRW = 2.904 UGX
19 February 20241 KRW = 2.878 UGX
20 February 20241 KRW = 2.876 UGX
21 February 20241 KRW = 2.880 UGX
22 February 20241 KRW = 2.889 UGX
23 February 20241 KRW = 2.903 UGX
24 February 20241 KRW = 2.906 UGX
25 February 20241 KRW = 2.906 UGX
26 February 20241 KRW = 2.925 UGX
27 February 20241 KRW = 2.935 UGX
28 February 20241 KRW = 2.920 UGX
29 February 20241 KRW = 2.917 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.

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.

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

02/05/2003: Introduction of Coins

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

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

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.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

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.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.
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