Catalog
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| Issuer | Bank of Uganda |
|---|---|
| Year | 2004 |
| Type | Non-circulating coin |
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| Composition | Log in to see details |
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|---|---|
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| Reverse lettering | · BANK OF UGANDA · 2004 HORSE |
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| Mintage | 2004 |
| Additional information |
Uganda decimalized its currency in 1966, but the shilling only stabilized as a genuinely functional unit after the economic wreckage of the Amin and Obote years was addressed through IMF-backed reforms in the 1980s and 1990s. By 2004, the 100-shilling denomination had lost enough real purchasing power that the Bank of Uganda was actively reconsidering the lower end of its coin series — this issue effectively represents the denomination's twilight years before the 2010 coinage reform rationalized the circulating series.