Convert Ugandan Shilling to British Pound Sterling
Please provide values below to convert Ugandan Shilling [UGX] to British Pound Sterling [GBP], or Convert British Pound Sterling to Ugandan Shilling.
How to Convert Ugandan Shilling to British Pound Sterling
1 UGX = 4817.9797352067 GBP
Example: convert 15 UGX to GBP:
15 UGX = 15 × 4817.9797352067 GBP = 72269.6960281005 GBP
Ugandan Shilling to British Pound Sterling Conversion Table
Ugandan Shilling | British Pound Sterling |
---|
Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.