UGX


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UGX

The ISO 4217 currency code for the Uganda Shilling.

UGX

ISO 4217 code for the second Ugandan shilling. The new shilling replaced the old Ugandan shilling (UGS) in 1987 following a period of hyperinflation. The new shilling was issued at an exchange rate of 1 second shilling for 100 first shillings. The second shilling is stable, though there are plans to replace it with a common currency for the East African Community at the end of 2009. Currently, it is used in Uganda alongside the U.S. dollar, the British pound, and the euro.
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DLA Piper's team working on the set-up project of UGX was led by Oleksandr Kurdydyk, partner and Head of Finance & Projects in Ukraine.
That is, farmers cultivating an average of one hectare made an average gross profit of UGX 0.
Household size negatively affects expenditure on fast-food implying that an increase in household size by one member reduces expenditure on fast-food by UGX 2,147 or USD 0.
Arranged by African Alliance and executed as a tap sale on the original UGX bond issued in July 2012, this most recent note will be linked to the new two-year bond that the Government of Uganda intends to launch on May 23, but will re-price every two years at 85% of the weighted average yield to maturity on the latest Ugandan government bond benchmark, noted Olivier Eweck, Manager of African Currency Funding in the Treasury Department of AfDB.
The company has provided the boreholes at the cost of UGX.