Euro to Ugandan Shilling — exchange rate

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More

Country of Circulation: Uganda

Currency Code, Symbol: UGX, USh

Denominations of coins in circulation: 100, 200, 500 shillings

Denominations of banknotes in circulation: 1,000, 2,000, 5,000, 10,000, 20,000, 50,000 shillings

History: The Ugandan shilling (Ush) is a currency used and issued by a state in East Africa – Uganda. The currency is not official in other countries. In the global currency arena, it is abbreviated to UGX.The Ugandan shilling can be divided into small coins. They are called cents. One UGX contains 100 cents. Officially, the currency has been issued since 1996, due to elimination of the previous official currency, the East African shilling. Recently, the currency has gone through a massive devaluation. Today, the Ugandan state issues notes of a new format and new denomination to minimize the consequences of the crisis.Read More