United States dollar ugandan shilling history for August 2023. The highest quote for this month is 3730.1 (20/08/2023) and the lowest 3730.1 (20/08/2023). The difference between high and low is 0.
USD UGX average rate for August 2023 is 3644.61917, the change between 01/08/2023 and 31/08/2023 is -2.22 %.
01 August 2023 | 1 USD = 3576.56 UGX |
04 August 2023 | 1 USD = 3562.25 UGX |
07 August 2023 | 1 USD = 3546.07 UGX |
08 August 2023 | 1 USD = 3570.29 UGX |
10 August 2023 | 1 USD = 3614.48 UGX |
12 August 2023 | 1 USD = 3728.40 UGX |
14 August 2023 | 1 USD = 3703.37 UGX |
15 August 2023 | 1 USD = 3675.92 UGX |
17 August 2023 | 1 USD = 3688.57 UGX |
20 August 2023 | 1 USD = 3730.10 UGX |
21 August 2023 | 1 USD = 3683.61 UGX |
28 August 2023 | 1 USD = 3655.81 UGX |
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.
01/09/2013: 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.
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.
05/08/1972: 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.