Search results
Results from the WOW.Com Content Network
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
A 1933 UK shilling 1956 Elizabeth II UK shilling showing English and Scottish reverses. The shilling is a historical coin, and the name of a unit of modern currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence or one-twentieth of a pound before being phased out during the 1960s ...
In 1965, the East African Currency Board was breaking up, and the South Arabian dinar replaced the shilling in the South Arabian Federation at a rate of 20 shillings to 1 dinar. [2] [6] The shilling was also used in parts of what is now Somalia, Ethiopia, and Eritrea when they were under British control. Before 1941, these areas, then known as ...
East African shilling 1 cent and 10 cent coins (1952) 1925 East African shilling, obverse 1925 East African shilling, reverse. The East African Currency Board (EACB) was established in 1919 to supply and oversee the currency of British colonies in British East Africa.
Pegged exchange rate within horizontal bands (1) Morocco ; Other managed arrangement (12) Kuwait Syria Liberia Myanmar Sierra Leone Zimbabwe Kenya Haiti Kyrgyzstan Tonga Vanuatu Venezuela ; Floating (32) Angola Belarus Madagascar Yemen Albania
This is a timeline of History of Uganda. Each article deals with events in Uganda in a given year. Pre-1962. Pre-1962; Twentieth century. 1990s 1990 1991 1992
Some countries have not changed their currency despite being post-colonial, for example Uganda retains the Ugandan shilling. Many African countries change their currency's appearance when a new government takes power (often the new head of state will appear on bank notes), though the notional value remains the same.
It is a major driver of employment, investment and foreign exchange, contributing 4.9 trillion Ugandan shillings (US$1.88 billion or €1.4 billion as of August 2013) to Uganda's GDP in the financial year 2012–13. [208] The Uganda Tourism Board is responsible for maintaining information pertaining to tourism in Uganda.