1000 Shillings 1 Euro Belgium

Issued in 1999 as a novelty piece capitalizing on the launch of the euro, this coin was produced well outside the eurozone — Uganda had no political or monetary relationship with the currency it was commemorating. The embedded paper appliqué reproduces a euro banknote design element, a format popular among secondary-market issuers in the late 1990s targeting European collectors anxious about the transition away from legacy currencies.

Bank of Uganda issued several such pieces during this period through licensing arrangements with foreign minting agents, not through any domestic monetary policy decision.