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100 Shillings Ox, nickel plated steel
| Issuer | Bank of Uganda |
|---|---|
| Year | 2004 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Diameter | 24 mm |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse script | Latin |
| Reverse lettering | · BANK OF UGANDA · 2004 OX |
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| Additional information |
Uganda's shilling had collapsed so thoroughly by the 1980s that 100 shillings was effectively worthless — a consequence of Milton Obote's second government presiding over inflation that peaked above 200% annually. The denomination was only rehabilitated after successive stabilization programs through the late 1980s and 1990s restored enough purchasing power for a 100-shilling coin to function in daily commerce again.
The nickel-plated steel composition adopted for this 2004 issue reflects cost-driven decisions common across East African mints during that period, as solid nickel was abandoned in favor of cheaper plated blanks.