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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
Hong Kong with a 10 Dollar coin in 1993; Finland in 1993 with the 10 Markaa coin, Australia with commemorative 5, 10, 20, 25, 50, 75, and 100 Dollar coins, the 5 Dollar being the first in 1994; Argentina with the 1 Peso coin in 1994, Kenya with the 10 Shillings in 1994; Cape Verde with a 100 Escudo coin in 1994, a 250 Escudos in 2013 and a 200 ...
Also, in many African currencies there have been episodes of rampant inflation, resulting in the need for currency revaluation (e.g. the Zimbabwe dollar). In some places there is a thriving street trade by unlicensed street traders in US dollars or other stable currencies, which are seen as a hedge against local inflation. The exchange rate is ...
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.
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
Colour key and notes Indicates that a given currency is pegged to another currency (details) Italics indicates a state or territory with a low level of international recognition State or territory Currency Symbol [D] or Abbrev. ISO code Fractional unit Number to basic Abkhazia Abkhazian apsar [E] аҧ (none) (none) (none) Russian ruble ₽ RUB Kopeck 100 Afghanistan Afghan afghani ؋ AFN ...
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.
No central bank; uses the Australian dollar as its domestic currency, and the Tuvaluan dollar pegged to the Australian dollar Uganda: Ugandan shilling: Bank of Uganda: Benki Kuu ya Uganda: 1966 Ukraine: Hryvnia: National Bank of Ukraine: Національний банк України 1991 United Arab Emirates: Emirati dirham