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100 Shillings Horse, steel

Issuer Bank of Uganda
Year 2004
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Composition Steel
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Obverse description The obverse displays the national coat of arms of Uganda in the central field, featuring a shield supported by a Uganda kob antelope on the left and a grey crowned crane on the right, with a sun motif on the shield and a scroll bearing the national motto. The legend BANK OF UGANDA arcs along the upper periphery, while the denomination 100 SHILLINGS is inscribed along the lower periphery. The design is rendered in relief against a flat field, bordered by a fine dotted inner rim.
Obverse script Latin
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Additional information

Uganda's shilling had collapsed so thoroughly by the 1980s that 100 shillings was effectively worthless — yet by 2004, after two decades of monetary reform under the Bank of Uganda, the denomination had regained enough purchasing power to justify a circulating coin. The steel composition adopted for this issue reflects the same cost-containment pressures that drove most African central banks away from cupro-nickel during the early 2000s.

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