Currency

About the currency

Uganda Currency
The currency used in Uganda is the shilling.
Section 161 (1) of the Bank of Uganda Act (1993) mandates Bank  of Uganda as the only  authority mandated to issue Ugandan currency banknotes and coins as legal tender.
Since its establishment in 1966,  the Bank of Uganda has produced  various issues of notes and coins ..more
 
Denominations in circulation
The currency now in circulation was  issued in May 2010 but it is circulating alongside the one issued in 1987. 
The 1987 issue has  the following denominations:
Notes of  50000, 20,000, 10000, 5000 and 1000. The coins are 500,100,50,20,10, 5,2 and  shillings as well as a coin of 5 cents.
 
The 2010 issue has the following notes: 50000, 20000, 10000, 5000, 2000 and 1000. The coins are 500,100,50,20,10, 5,2 and  shillings as well as a coin of 5 cents.
 
At present, coins of  1, 2, 5, 10, 50, 100, 200 and 500 shillings are in circulation. 
And notes in circulation are in denominations of 1,000, 5,000, 10,000, 20,000 and 50,000.
 

Notes & Coins

INFLATION RATES

Annual Inflation Rates
  Jul 2010 Aug 2010
Headline 3.2 1.7
Core 4.6 4.0
Energy, Fuel, Utilities 1.3 1.8
Food Crop -2.5 -9.2
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INTEREST RATES

Financial News Report
  25/08/10 01/09/10
Rediscount Rate 7.62 7.62
Bank Rate 8.62 8.62
T/Bills (91 days) 4.83 4.83
T/Bonds (2 years) 8.29 8.29
T/Bonds (3 years) 9.13 9.13
T/Bonds (5 years) 9.41 9.41
T/Bonds (10 years) 10.78 10.78
Commercial Bank Rates
  Rate Effective Date
Lending Rate (Shs) 20.06 June 2010
Deposit (WARD) Rate (Shs) 1.87 June 2010
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EXCHANGE RATES

September 06, 2010
Currency Buying Selling
USD 2,245.19 2,255.43
GBP 3,466.57 3,482.38
EURO 2,888.21 2,901.39
KSH 27.81 27.94
TSH 1.52 1.53
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