Historic United States dollar Ugandan Shilling

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 20231 USD = 3576.56 UGX
04 August 20231 USD = 3562.25 UGX
07 August 20231 USD = 3546.07 UGX
08 August 20231 USD = 3570.29 UGX
10 August 20231 USD = 3614.48 UGX
12 August 20231 USD = 3728.40 UGX
14 August 20231 USD = 3703.37 UGX
15 August 20231 USD = 3675.92 UGX
17 August 20231 USD = 3688.57 UGX
20 August 20231 USD = 3730.10 UGX
21 August 20231 USD = 3683.61 UGX
28 August 20231 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.