Convert 1 British Pound Sterling (GBP) to Ugandan Shilling (UGX)
Exchange rates used for currency conversion updated on 29th August 2016 ( 29/08/2016 )
Below you will find the latest exchange rate for exchanging British Pound Sterling (GBP) to Ugandan Shilling (UGX) , a table containing most common conversions and a chart with the pair's evolution.
The British Pound Sterling (GBP) to Ugandan Shilling (UGX) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
Monetary policies affecting the pound sterling (GBP) are dispersed amongst 8 separate central banks throughout the territories, dependencies, and countries of the United Kingdom. The Bank of England is the primary central bank and is responsible for monetary policy and currency issuance in England, Wales, Scotland, and Northern Ireland. This floating currency is the third most widely held reserve currency in the world. The future of the GBP is dependent upon the political decision of whether or not to allow the GBP to be absorbed by the euro, effectively placing all of the United Kingdom into the eurozone.
About Ugandan Shilling (UGX)
The Ugandan shilling is the official currency of Uganda. The shilling is issued in denominations of 1000, 2000, 5000, 10000, 20000 and 50000 and is subdivided into 100 cents. Foreign currency exchanges are possible at most banks, particularly those located in larger cities. Foreign exchange offices or bureaus also offer currency conversion and many hotels and airports are able to provide these services as well.