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In 1966 the Bank of Uganda was established and the first Ugandan Shilling was introduced. The banknotes and coin changed several times as a result of changes in regime. Due to high inflation, a new Shilling was created in 1987 at a rate of 100 old Shillings to 1 new one. On March 2013, the 1987 series of UGX was demonetized and in April 2013 ...Get Price