The
currency of Uganda is known as the Ugandan Shilling (UGX). The
currency was introduced to replace the East African Shilling a
currency used during the British Colonial era in the region. One
shilling is equivalent to 100 cents.
Denominations: coins exist for 1, 2, 5, 10, 50, 100, 200 and
500 shillings. Banknotes are available for 1000, 5000, 10000,
20000 and 50000 shillings. The distribution of the currency and
exchange rates are regulated by the Bank of Uganda.
Foreign exchange services are offered by a number of banks in
major towns and also at foreign exchange bureaus.
At the time of writing (July 2006), One $ US was equal to 1,859
UGX, One British Pound was equal to 3,439.9 UGX and One Euro
was equal to 2,349 UGX.
