Historic Ugandan Shilling Bermudian dollar

Ugandan Shilling bermudian dollar history for August 2023. The highest quote for this month is 0.00028 (04/08/2023) and the lowest 0.000282 (07/08/2023). The difference between high and low is -0.71.

UGX BMD average rate for August 2023 is 0.00027, the change between 01/08/2023 and 31/08/2023 is +2.86 %.

01 August 20231 UGX = 0.0003 BMD
02 August 20231 UGX = 0.0003 BMD
03 August 20231 UGX = 0.0003 BMD
04 August 20231 UGX = 0.0003 BMD
07 August 20231 UGX = 0.0003 BMD
08 August 20231 UGX = 0.0003 BMD
09 August 20231 UGX = 0.0003 BMD
10 August 20231 UGX = 0.0003 BMD
11 August 20231 UGX = 0.0003 BMD
12 August 20231 UGX = 0.0003 BMD
14 August 20231 UGX = 0.0003 BMD
15 August 20231 UGX = 0.0003 BMD
16 August 20231 UGX = 0.0003 BMD
17 August 20231 UGX = 0.0003 BMD
18 August 20231 UGX = 0.0003 BMD
20 August 20231 UGX = 0.0003 BMD
21 August 20231 UGX = 0.0003 BMD
22 August 20231 UGX = 0.0003 BMD
23 August 20231 UGX = 0.0003 BMD
24 August 20231 UGX = 0.0003 BMD
25 August 20231 UGX = 0.0003 BMD
28 August 20231 UGX = 0.0003 BMD
29 August 20231 UGX = 0.0003 BMD
30 August 20231 UGX = 0.0003 BMD
31 August 20231 UGX = 0.0003 BMD

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.

01/01/2019: Switch to the Bermuda dollar symbol

Bermuda officially adopted a new currency symbol for the Bermudian dollar, replacing the British pound sign used previously.

16/03/2015: Redesign of banknotes

The Bermuda Monetary Authority unveiled a redesigned series of banknotes featuring enhanced security features and updated designs.

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.

01/05/2012: Introduction of polymer banknotes

Bermuda introduced polymer banknotes to replace paper currency for better durability and security.

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.

01/01/1997: Incorporation into Federal Reserve System

The US Federal Reserve System incorporated the Bermuda Monetary Authority into its banking system.

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.

06/01/1982: New notes and coins

Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.

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.

25/02/1972: Introduction of decimal coins

Bermuda introduced a decimal currency system, replacing the old pounds, shillings, and pence.

06/07/1970: Currency Board Agreement

Bermuda established a Currency Board System, pegging the Bermudian dollar at par with the US dollar.

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.
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