Historic South African rand Ugandan Shilling

South African rand ugandan shilling history for January 2024. The highest quote for this month is 204.51 (01/01/2024) and the lowest 205.65 (02/01/2024). The difference between high and low is -0.56.

ZAR UGX average rate for January 2024 is 201.18444, the change between 01/01/2024 and 31/01/2024 is +2.03 %.

01 January 20241 ZAR = 205.1 UGX
02 January 20241 ZAR = 204.9 UGX
03 January 20241 ZAR = 202.0 UGX
04 January 20241 ZAR = 201.8 UGX
05 January 20241 ZAR = 201.8 UGX
06 January 20241 ZAR = 202.8 UGX
07 January 20241 ZAR = 202.8 UGX
08 January 20241 ZAR = 200.3 UGX
09 January 20241 ZAR = 202.9 UGX
10 January 20241 ZAR = 201.6 UGX
11 January 20241 ZAR = 201.7 UGX
12 January 20241 ZAR = 201.6 UGX
14 January 20241 ZAR = 204.0 UGX
15 January 20241 ZAR = 201.7 UGX
16 January 20241 ZAR = 202.0 UGX
17 January 20241 ZAR = 199.3 UGX
18 January 20241 ZAR = 197.8 UGX
19 January 20241 ZAR = 198.8 UGX
22 January 20241 ZAR = 197.9 UGX
23 January 20241 ZAR = 196.4 UGX
24 January 20241 ZAR = 199.6 UGX
25 January 20241 ZAR = 199.9 UGX
26 January 20241 ZAR = 199.9 UGX
28 January 20241 ZAR = 202.6 UGX
29 January 20241 ZAR = 201.2 UGX
30 January 20241 ZAR = 200.8 UGX
31 January 20241 ZAR = 200.9 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.

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

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.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

02/05/2003: Introduction of Coins

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

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

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.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

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.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.
ZAR UGX January 2024
ZAR UGX February 2024
ZAR UGX March 2024
ZAR UGX April 2024
ZAR UGX May 2024
ZAR UGX June 2024
ZAR UGX July 2024
ZAR UGX August 2024
ZAR UGX September 2024
ZAR UGX October 2024
ZAR UGX November 2024
ZAR UGX December 2024
ZAR UGX January 2025