Convert New Zealand Dollar to Ugandan Shilling
Please provide values below to convert New Zealand Dollar [NZD] to Ugandan Shilling [UGX], or Convert Ugandan Shilling to New Zealand Dollar.
How to Convert New Zealand Dollar to Ugandan Shilling
1 NZD = 0.000467996157103814 UGX
Example: convert 15 NZD to UGX:
15 NZD = 15 × 0.000467996157103814 UGX = 0.00701994235655722 UGX
New Zealand Dollar to Ugandan Shilling Conversion Table
| New Zealand Dollar | Ugandan Shilling |
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.