US Dollar to Ugandan Shilling — exchange rate

The US dollar ($) is the national currency of the United States of America, one of the global reserve currencies. It is used as an official currency unit in Salvador, Marshall Islands, Panama, Bermuda. USD is used as an abbreviation for convenience and internationalization purposes.

The US dollar is subdivided into cents. Every dollar has 100 cents. The currency has existed since 1792. The first dollars were made out of silver, then paper notes appeared. They have had the traditional greenish or grey color from the outset. Around 35 million pieces of dollars of different denomination worth 635 million emigrate to the USA daily. 95% of the banknotes are to replace worn-out notes.

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.