The Bank of Uganda launched new redesigned banknotes earlier in the week, which will now be gradually introduced into the local economy.
A new note with the value of 2,000 Uganda Shillings equivalent to approximately USD.1 was launched.
The five-thousand and one thousand shilling notes will be progressively withdrawn from the market, as in any case their general appearance has suffered and in particular tourists were often seen shy of accepting old and tattered notes as change when purchasing items from local curio traders and shops. This did not give a good impression to tourists in particular, and urgent action was needed to remedy the situation.
There fore, the new notes will undoubtedly also raise the general fresh appearance Uganda gives to her visitors from abroad, a development which deserves a bouquet for the Bank of Uganda.
Uganda Safari and Tour news