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20 Shillings

Issuer Bank of Uganda
Year 1987-1988
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Value 20 Shillings (20 UGX)
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Obverse description The Ugandan coat of arms appears at upper left, accompanied by an outline map of Uganda at upper centre and the Bank of Uganda arms vignette at lower right. The face is printed in multicolour with fine guilloche underprint patterns typical of De La Rue intaglio work. Bilingual denomination inscriptions in English and Luganda are arranged across the lower portion of the note.
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Protection type Watermark
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Comments

Uganda's second-generation shilling notes were issued under Yoweri Museveni's NRM government, which had seized power in January 1986 after a protracted bush war. The 1987 currency reform — which introduced a new shilling at 100 old shillings — was as much a political reset as an economic one, distancing the new administration from the hyperinflationary paper of the Obote and Okello years.

Thomas De La Rue printed the series under relatively straightforward security specifications; the single watermark protection reflects the constrained procurement budget of a government still consolidating control. Pick 29 was superseded quickly, with the 20 Shilling denomination becoming economically marginal within a few years as inflation resumed.

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