Historic Ugandan Shilling Arab Emirates Dirham

Ugandan Shilling arab emirates dirham history for January 2024. The highest quote for this month is 0.00098 (02/01/2024) and the lowest 0.000982 (08/01/2024). The difference between high and low is -0.2.

UGX AED average rate for January 2024 is 0.00097, the change between 01/01/2024 and 31/01/2024 is +0.71 %.

01 January 20241 UGX = 0.0010 AED
02 January 20241 UGX = 0.0010 AED
03 January 20241 UGX = 0.0010 AED
04 January 20241 UGX = 0.0010 AED
05 January 20241 UGX = 0.0010 AED
06 January 20241 UGX = 0.0010 AED
07 January 20241 UGX = 0.0010 AED
08 January 20241 UGX = 0.0010 AED
09 January 20241 UGX = 0.0010 AED
10 January 20241 UGX = 0.0010 AED
11 January 20241 UGX = 0.0010 AED
12 January 20241 UGX = 0.0010 AED
14 January 20241 UGX = 0.0010 AED
15 January 20241 UGX = 0.0010 AED
16 January 20241 UGX = 0.0010 AED
17 January 20241 UGX = 0.0010 AED
18 January 20241 UGX = 0.0010 AED
19 January 20241 UGX = 0.0010 AED
22 January 20241 UGX = 0.0010 AED
23 January 20241 UGX = 0.0010 AED
24 January 20241 UGX = 0.0010 AED
25 January 20241 UGX = 0.0010 AED
26 January 20241 UGX = 0.0010 AED
28 January 20241 UGX = 0.0010 AED
29 January 20241 UGX = 0.0010 AED
30 January 20241 UGX = 0.0010 AED
31 January 20241 UGX = 0.0010 AED

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.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

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.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

02/05/2003: Introduction of Coins

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

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

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.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

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.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

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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