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Currency history

Ugandan shilling

Ugandan shilling: a currency still in use.

Dates in use
Still in use; introduction date not established here
Currency code
UGX
Ancestry branch
Indian rupee
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Where this money came from

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9 ancestors · 0 descendants. Follow a name to its history. Select a dated connection for its evidence.

DocumentedQualified

No successor is established here. This does not imply extinction.

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The story

The World Bank reports that the 1987 Ugandan currency conversion confiscated 30 percent of the value of balances; this is not adequately described by a nominal rescaling ratio alone. [1]

The indexed Bank of Uganda timeline dates its first national coin to 2 January 1967, a distinct milestone from opening the bank in August 1966. [2]

Turning points

Conversion levy reported

Inference: The World Bank reports that the 1987 Ugandan currency conversion confiscated 30 percent of the value of balances; this is not adequately described by a nominal rescaling ratio alone. [1]

Sources and evidence

  1. World Bank · Uganda Financial Sector Strategy Update, Report 15081, volume II, 10 November 1995 C478 ↗
  2. Bank of Uganda · History & Legacy — Bank of Uganda, indexed timeline C639 ↗

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Cite this page

“Ugandan shilling.” The Family Tree of Money. © Field Technologies, Inc. Reader edition 2026-10-13; research dataset v44. https://familytreeofmoney.org/currency/FTM000235.html

Editorial evidence supplement · Download dataset v44

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