Historic Ugandan Shilling Indian Rupee

Ugandan Shilling indian rupee history for February 2024. The highest quote for this month is 0.021983 (02/02/2024) and the lowest 0.022051 (02/02/2024). The difference between high and low is -0.31.

UGX INR average rate for February 2024 is 0.02165, the change between 01/02/2024 and 29/02/2024 is +3.33 %.

01 February 20241 UGX = 0.0221 INR
02 February 20241 UGX = 0.0220 INR
03 February 20241 UGX = 0.0218 INR
04 February 20241 UGX = 0.0218 INR
05 February 20241 UGX = 0.0218 INR
06 February 20241 UGX = 0.0220 INR
07 February 20241 UGX = 0.0220 INR
08 February 20241 UGX = 0.0219 INR
09 February 20241 UGX = 0.0219 INR
12 February 20241 UGX = 0.0218 INR
13 February 20241 UGX = 0.0217 INR
14 February 20241 UGX = 0.0217 INR
15 February 20241 UGX = 0.0217 INR
16 February 20241 UGX = 0.0217 INR
17 February 20241 UGX = 0.0215 INR
18 February 20241 UGX = 0.0215 INR
19 February 20241 UGX = 0.0217 INR
20 February 20241 UGX = 0.0216 INR
21 February 20241 UGX = 0.0216 INR
22 February 20241 UGX = 0.0215 INR
23 February 20241 UGX = 0.0215 INR
24 February 20241 UGX = 0.0214 INR
25 February 20241 UGX = 0.0214 INR
26 February 20241 UGX = 0.0213 INR
27 February 20241 UGX = 0.0212 INR
28 February 20241 UGX = 0.0213 INR
29 February 20241 UGX = 0.0213 INR

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.

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

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.

03/07/2007: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

02/05/2003: Introduction of Coins

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

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

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.

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.
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