Historic Tanzanian Shilling Ugandan Shilling

Tanzanian Shilling ugandan shilling history for March 2024. The highest quote for this month is 1.5366 (03/03/2024) and the lowest 1.5429 (07/03/2024). The difference between high and low is -0.41.

TZS UGX average rate for March 2024 is 1.52897, the change between 01/03/2024 and 31/03/2024 is -0.43 %.

01 March 20241 TZS = 1.525 UGX
03 March 20241 TZS = 1.537 UGX
04 March 20241 TZS = 1.546 UGX
05 March 20241 TZS = 1.522 UGX
06 March 20241 TZS = 1.520 UGX
07 March 20241 TZS = 1.519 UGX
08 March 20241 TZS = 1.515 UGX
10 March 20241 TZS = 1.533 UGX
11 March 20241 TZS = 1.543 UGX
12 March 20241 TZS = 1.531 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.

02/05/2003: Introduction of Coins

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

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.