The first Ugandan shilling (UGS) was introduced in 1966, replacing the East African shilling at par following Uganda’s independence from British rule. This currency was subdivided into 100 cents, with coins issued in denominations of 5, 10, 20, and 50 cents, along with 1 and 2 shillings. The first shilling remained in circulation for several decades, but persistent inflation eventually eroded its value.
In response to hyperinflation, the second Ugandan shilling (UGX) was introduced in 1987, with a conversion rate of 1 new shilling (UGX) equaling 100 old shillings (UGS). Today, Uganda’s coins in circulation include denominations of 50, 100, 200, and 500 shillings, all part of this second Ugandan shilling system.
These coins feature national symbols on their designs, such as the crested crane (Uganda’s national bird) and images representing the country’s natural heritage. The reverse sides typically display the Uganda coat of arms. Made from a variety of metals, including nickel-plated steel, copper-plated steel, and brass, these coins are designed to endure frequent use.