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20,000 Shillings

Issuer Bank of Uganda
Year 1999-2002
Type Standard circulation banknote
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Obverse description At left, a vignette of the grey crowned crane — Uganda's national bird — is rendered in intaglio against a multicolour guilloche underprint. The national arms of Uganda appear at upper centre, with the Bank of Uganda arms positioned at lower centre. Denomination numerals and bilingual text in English and Luganda occupy the surrounding panels.
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Protection description National arms watermark
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Comments

Uganda's 20,000 shilling note entered circulation at a denomination made necessary by the prolonged inflationary damage the economy had absorbed since the 1970s — a period in which the shilling lost value so catastrophically that notes of this face value would have been inconceivable at independence. By the late 1990s, 20,000 shillings was a functional mid-range transaction note, not a high-value reserve piece.

P#42 ran through three consecutive issue years with no major design revision, suggesting the Bank of Uganda was satisfied with the series' security performance — though the watermark-only security specification looks thin against contemporary regional issues from the same period.

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