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The first Ugandan shilling (UGS) replaced the East African shilling in 1966 at par. Following high inflation, a new shilling (UGX) was introduced in 1987 worth 100 old shillings. The shilling is usually a stable currency and predominates in most financial transactions in Uganda, which has a very efficient foreign exchange market with low spreads.
UAE Exchange Bureau 1C - Transnile Building, 10 Johnstone Street, Kampala. Uganda City Forex Finance Limited - Jumbo Arcade, 9 Nakivubo Road, Kampala. Ultimate Forex Bureau - Zainabu Aziza Emporium, 4 Snay Bin Amir Street, Kampala. Umoja Forex Bureau 1 - Energy Centre Building, 16 Market Street, Kampala.
List of currencies in Africa
The East African shilling was introduced to Kenya, Tanganyika, and Uganda in 1921, replacing the short-lived East African florin at a rate of 2 shillings to 1 florin. The florin had been introduced because of increasing silver prices after World War I. At that time, the Indian rupee was the currency of the British East African states.
List of countries by exchange rate regime
Somali shilling - Wikipedia ... Somali shilling
List of circulating currencies
Economy of Uganda. All values, unless otherwise stated, are in US dollars. A family in a market in Kampala. The economy of Uganda has great potential and appears poised for rapid growth and development. [17] Uganda is endowed with significant natural resources, including ample fertile land, regular rainfall, and mineral deposits.