The currency of Uganda is the Ugandan shilling, abbreviated as UGX. The Ugandan shilling has seen various changes and adjustments since its introduction in 1987, replacing the previous currency due to inflation and economic issues. The shilling is subdivided into 100 cents, though the usage of cents has diminished over time. The value of the Ugandan shilling can fluctuate, influenced by factors such as trade, government policies, and inflation. It plays a crucial role in Uganda's economy, facilitating both domestic and international transactions.