100 Shillings Goat, nickel plated steel

Uganda decimalised its currency in 1966 and has revised its circulating coinage several times since, largely in response to inflation eroding the practical value of lower denominations. By the early 2000s, the 100-shilling coin had become the workhorse of everyday small transactions in Ugandan markets. The nickel-plated steel composition adopted for this issue reflects a cost-driven shift away from earlier cupro-nickel alloys — a transition common across East African coinage of the period as base metal prices climbed.