Historic Ugandan Shilling Icelandic Krona

Ugandan Shilling icelandic krona history for January 2024. The highest quote for this month is 0.036667 (02/01/2024) and the lowest 0.036658 (08/01/2024). The difference between high and low is 0.02.

UGX ISK average rate for January 2024 is 0.0363, the change between 01/01/2024 and 31/01/2024 is +0.14 %.

01 January 20241 UGX = 0.0362 ISK
02 January 20241 UGX = 0.0362 ISK
03 January 20241 UGX = 0.0367 ISK
04 January 20241 UGX = 0.0365 ISK
05 January 20241 UGX = 0.0364 ISK
08 January 20241 UGX = 0.0368 ISK
09 January 20241 UGX = 0.0365 ISK
10 January 20241 UGX = 0.0365 ISK
11 January 20241 UGX = 0.0363 ISK
12 January 20241 UGX = 0.0363 ISK
15 January 20241 UGX = 0.0363 ISK
16 January 20241 UGX = 0.0361 ISK
17 January 20241 UGX = 0.0363 ISK
18 January 20241 UGX = 0.0363 ISK
19 January 20241 UGX = 0.0365 ISK
22 January 20241 UGX = 0.0363 ISK
23 January 20241 UGX = 0.0361 ISK
24 January 20241 UGX = 0.0361 ISK
25 January 20241 UGX = 0.0359 ISK
26 January 20241 UGX = 0.0361 ISK
29 January 20241 UGX = 0.0362 ISK
30 January 20241 UGX = 0.0363 ISK
31 January 20241 UGX = 0.0362 ISK

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.

15/11/2018: New Currency Notes Introduced

Iceland released updated banknotes and coins featuring improved security measures and new designs, modernizing the Krona's physical appearance.

15/03/2015: Capital Controls Lifted

Iceland lifted its capital controls, implemented after the financial crisis, allowing for more flexible foreign exchange transactions.

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.

14/11/2010: IMF Loan Approved

Iceland secured a $2.1 billion loan from the International Monetary Fund, stabilizing the Krona and aiding economic recovery.

01/07/2010: Issue of New Currency Series

Uganda issued a new series of currency notes with enhanced security features to reduce counterfeiting.

06/10/2008: Financial Crisis Begins

The collapse of Icelandic banks and subsequent financial crisis severely devalued the Krona, leading to economic turmoil.

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.

05/03/1981: Stock Exchange Established

The Icelandic Stock Exchange was founded, promoting economic growth and affecting the Krona's value.

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.

10/05/1940: Occupation of Iceland

Following the German occupation of Denmark, Iceland became occupied by British forces, impacting the currency's stability.

01/01/1922: Currency Board Established

The Icelandic Krona was introduced under the Danish Krone pegged to 1 Krone = 100 aurar.
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