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.
01/05/2017: Introduction of a two-dollar coin
Belize introduced a new denomination in the form of a two-dollar coin, reducing the dependency on smaller denomination banknotes.
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.
26/09/2011: Launching of new designs
The Central Bank of Belize introduced a new series of banknotes with updated designs, depicting prominent national landmarks and personalities.
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.
24/06/2001: Introduction of polymer banknotes
Belize became one of the first countries in the region to introduce polymer banknotes, enhancing durability and security.
01/04/1990: Establishment of the Central Bank of Belize
The Central Bank of Belize was established to oversee monetary policies and ensure financial stability in the country.
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.
01/12/1982: Conversion to decimal currency
Belize adopted a decimal currency system with the introduction of a new series of banknotes and coins.
01/07/1978: Independence of Belize
Belize gained independence from the United Kingdom, solidifying the Belize dollar as the national currency.
01/11/1976: Introduction of the Belize dollar
The Belize dollar was introduced as the official currency of Belize to replace the British Honduran dollar.
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.