Indonesian Rupiah in Ugandan Shilling

IDR Indonesian Rupiah

Country of application:
Indonesia

Coin denominations in circulation:
100, 200, 500, 1000 rupees.

Denominations of banknotes in circulation:
1,000, 2,000, 5,000, 10,000, 20,000, 50,000, 100,000 rupees.

History reference:
The Indonesian rupiah (Indon. rupiah) is the official currency of Indonesia. The symbol used on all banknotes and coins is Rp. The unit of exchange is sen (Indon. sen), one hundredth of a rupee. Sen ...has not been issued since the 1960s and has de facto gone out of cash circulation, but remains in non-cash financial transactions. Throughout its history, the Indonesian rupiah has been subject to only one denomination. Until 1944, the Dutch guilder was used in Indonesia. During the period of occupation by Japan (1944-1945), the rupiah was introduced into the country. In 1945, Indonesia proclaimed independence and the Indonesian rupiah was introduced into money circulation, which was used in financial circulation along with the occupation and Dutch guilder banknotes. In 1965, inflation occurred in the country, which led to the need for a denomination of the national currency. On December 13, 1965, a new rupee was issued, at a rate of 1,000 old to one new rupee.

UGX Ugandan Shilling

Country of application:
Uganda

Coin denominations in circulation:
100, 200, 500 shillings.

Denominations of banknotes in circulation:
1,000, 2,000, 5,000, 10,000, 20,000, 50,000 shillings.

History reference:
The Ugandan shilling is the currency of Uganda. The territory of Uganda occupies the central part of the elevated East African Plateau and covers a large number of rivers and freshwater lakes, among ...which lakes Victoria, Kyoga, George, Edward and Albert should be distinguished. The total area of Uganda exceeds 236 thousand square kilometers. The Ugandan shilling was introduced on 15 August 1966 to replace the East African shilling issued by the East African Monetary Authority for Kenya, Uganda, Tanganyika and Zanzibar. With the release of the national currency, the exchange of East African shillings 1: 1 for it and their gradual withdrawal from circulation began. From October 21 to October 29, 1979, the government carried out the first currency denomination. Due to high inflation, on May 18, 1987, another monetary reform was carried out, as a result of which a new Ugandan shilling was introduced at an exchange rate of 100: 1. But even this currency was already replaced in 2004 by the currency with the original name - the Ugandan shilling, which, due to the instability of the countrys economy, produces ever higher denominations.