Historic South Korean Won Ugandan Shilling

South Korean Won ugandan shilling history for January 2024. The highest quote for this month is 2.9006 (01/01/2024) and the lowest 2.9028 (02/01/2024). The difference between high and low is -0.08.

KRW UGX average rate for January 2024 is 2.85084, the change between 01/01/2024 and 31/01/2024 is +1.81 %.

01 January 20241 KRW = 2.896 UGX
02 January 20241 KRW = 2.899 UGX
03 January 20241 KRW = 2.866 UGX
04 January 20241 KRW = 2.877 UGX
05 January 20241 KRW = 2.876 UGX
06 January 20241 KRW = 2.879 UGX
07 January 20241 KRW = 2.882 UGX
08 January 20241 KRW = 2.848 UGX
09 January 20241 KRW = 2.871 UGX
10 January 20241 KRW = 2.847 UGX
11 January 20241 KRW = 2.853 UGX
12 January 20241 KRW = 2.865 UGX
14 January 20241 KRW = 2.890 UGX
15 January 20241 KRW = 2.859 UGX
16 January 20241 KRW = 2.854 UGX
17 January 20241 KRW = 2.824 UGX
18 January 20241 KRW = 2.808 UGX
19 January 20241 KRW = 2.812 UGX
22 January 20241 KRW = 2.821 UGX
23 January 20241 KRW = 2.816 UGX
24 January 20241 KRW = 2.823 UGX
25 January 20241 KRW = 2.837 UGX
26 January 20241 KRW = 2.824 UGX
28 January 20241 KRW = 2.847 UGX
29 January 20241 KRW = 2.824 UGX
30 January 20241 KRW = 2.829 UGX
31 January 20241 KRW = 2.844 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.
KRW UGX January 2024
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KRW UGX January 2025