Uganda's early 1980s were economically catastrophic. Milton Obote had returned to power in 1980 following disputed elections, and inflation was dismantling purchasing power so rapidly that the 20 Shillings denomination — meaningful currency just years before — was becoming functionally marginal even as it was being printed. Thomas De La Rue continued producing the series in London through this period, supplying a government whose monetary situation was deteriorating faster than new stock could enter circulation.
Notes from this issue are frequently found in heavily circulated condition; they passed through many hands quickly and were rarely set aside.
Uganda's early 1980s were economically catastrophic. Milton Obote had returned to power in 1980 following disputed elections, and inflation was dismantling purchasing power so rapidly that the 20 Shillings denomination — meaningful currency just years before — was becoming functionally marginal even as it was being printed. Thomas De La Rue continued producing the series in London through this period, supplying a government whose monetary situation was deteriorating faster than new stock could enter circulation.
Notes from this issue are frequently found in heavily circulated condition; they passed through many hands quickly and were rarely set aside.