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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
On 1 November 2013, it was announced that the Airtel Telecommunications company had signed a four-year contract providing a total of 400 million shillings (about 160,000 US dollars) towards funding different activities under both the FUFA Big League and the Ugandan Cup until 2016. [9]
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 ...
Second Ugandan shilling: 100∶1. First Ugandan shilling: 1987 Uganda Inflation ... In 2016, the Colombian peso was rated at around 3,000 per U.S. dollar, with ...
As of 2017, Uganda had about 130,000 kilometres (80,778 mi) of roads, with approximately 5,300 kilometres (3,293 mi) (4 percent) paved. [31] Most paved roads radiate from Kampala, the country's capital and largest city. [32] As of 2017, Uganda's metre gauge railway network measures about 1,250 kilometres (777 mi) in length.
The Observer (Uganda) [5] Kampala: 2004 Observer Media Limited English: Website: East African Business Week: Kampala: 2005 East African Business Week Limited English: Website: The Independent (Uganda) Kampala: 2007 English: Website: Rolling Stone (Uganda) Kampala: 2010 Ceased publication November 2010 The Rwenzori Times: Kasese: 2015 Rwenzori ...
A 20-year-old man has become the first Ugandan to be charged with "aggravated homosexuality", an offence punishable by death under the country's recently enacted anti-gay law, prosecutors and his ...
Usage of: West African CFA franc Central African CFA franc The West African CFA franc (French: franc CFA or simply franc, ISO 4217 code: XOF; abbreviation: F.CFA) is the currency used by eight independent states in West Africa which make up the West African Economic and Monetary Union: Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo.