New Ugandan Shilling

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New Ugandan Shilling

The currency of Uganda. The new shilling replaced the first Ugandan shilling in 1987 following a period of hyperinflation. The new shilling was issued at an exchange rate of 1 new shilling for 100 old shillings. Currently, it is used in Uganda alongside the U.S. dollar, the British pound, and the euro.
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