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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
Sources from within the government reveal that the main concern at present is the manner in which millions of dollars have been lost in the past decade, money that could allegedly have stayed in Uganda for investment in the public sector; a Global Financial Integrity report recently revealed that illicit money flows from Uganda between 2001 and ...
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.
Australian homicide detectives are investigating the suspected "targeted double murder" of a Sydney couple. On Tuesday, Dec. 17., New South Wales (NSW) police confirmed a second body had been ...
Ugandan shilling; Media in category "Currencies of Uganda" This category contains only the following file. U. File:UgandanShillings1000.jpg
Memorial services are set to take place this week for a sophomore Otterbein University wrestler who died from injuries he suffered in a car crash earlier this month.
Pamela Anderson often chooses not to wear makeup — and so does the woman she plays in The Last Showgirl. In a new interview with PEOPLE, Anderson, 57, explains why her character, Shelly — a ...