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500 Shillings

Uitgever Bank of Uganda
Jaar 1994-1998
Type Standard circulation banknote
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Opschrift voorzijde BANK OF UGANDA FOR GOD AND COUNTRY FIVE HUNDRED SHILLINGS SHILINGI MIA TANO LEGAL TENDER FOR FIVE HUNDRED SHILLINGS FOR BANK OF UGANDA 500
(Translation: Five hundred shillings)
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Beveiligingstype Watermark, Security thread
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Opmerkingen

Uganda's 500 Shilling note circulated during a period of relative monetary stabilization following the catastrophic inflation of the 1970s and 1980s, when the shilling had been rendered nearly worthless under successive governments. By the mid-1990s the Bank of Uganda was rebuilding credibility, and this denomination sat at a genuinely useful transactional level — not trivial, not large enough to be hoarded.

A print run of just over twelve million across a four-year span is modest for a working denomination, suggesting periodic rather than continuous production runs. The security thread specification for this series is a simple embedded strip, predating the more sophisticated windowed threads Uganda adopted in later issues.

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