United States dollar ugandan shilling history for July 2023. The highest quote for this month is 3655.58 (05/07/2023) and the lowest 3651.98 (05/07/2023). The difference between high and low is 0.1.
USD UGX average rate for July 2023 is 3604.3, the change between 01/07/2023 and 31/07/2023 is +2.48 %.
| 05 July 2023 | 1 USD = 3650.59 UGX |
| 25 July 2023 | 1 USD = 3602.30 UGX |
| 31 July 2023 | 1 USD = 3560.01 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.