Ugandan Shilling

Ugandan Shilling

The shilling (sign: USh; code: UGX) is the currency of Uganda. Officially divided into cents until 2013, the shilling now has no subdivision.

Danish Krone

Danish Krone

The krone (Danish pronunciation: [ˈkʁoːnə]; plural: kroner; sign: kr.; code: DKK) is the official currency of Denmark, Greenland and the Faroe Islands, introduced on 1 January 1875. Both the ISO code "DKK" and currency sign "kr." are in common use; the former precedes the value, the latter in some contexts follows it. The currency is sometimes referred to as the Danish crown in English, since krone literally means crown. Historically, krone coins have been minted in Denmark since the 17th century. One krone is subdivided into 100 øre (Danish pronunciation: [ˈøːɐ]; singular and plural), the name øre possibly deriving from Latin aureus meaning "gold coin". Altogether there are eleven denominations of the krone, with the smallest being the 50 øre coin, which is valued at one half of a krone. Formerly there were more øre coins, but those were discontinued due to inflation. The krone is pegged to the euro via the ERM II, the European Union's exchange rate mechanism. Adoption of the euro is favoured by some of the major political parties, however a 2000 referendum on joining the Eurozone was defeated with 53.2% voting to maintain the krone and 46.8% voting to join the Eurozone.

572 Ugandan Shilling to Danish Krone exchange rates chart

572 UGX to DKK exchange rates graph
572 UGX to DKK Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

572 UGX to DKK exchange rates table

Exchange UGX to DKK
572 Ugandan Shilling = 0.998 Danish Krone
1144 Ugandan Shilling = 1.995 Danish Krone
2860 Ugandan Shilling = 4.988 Danish Krone
5720 Ugandan Shilling = 9.976 Danish Krone
Exchange Ugandan Shilling to Danish Krone
572 Ugandan Shilling to Danish Krone Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

572 UGX to DKK exchange rates news

Shilling gains slightly as dollar demand drops

Biggest News Source for News in Uganda and the East African Region ,Breaking news in Uganda and Daily news and the latest from Uganda

about 2 months conditional negative
Forex: Ugandan shilling weak

Biggest News Source for News in Uganda and the East African Region ,Breaking news in Uganda and Daily news and the latest from Uganda

about 2 months indicative negative
WEEKAHEAD-RICA-FX-Kenyan shilling to firm, Zambian kwacha seen...

Kenya's shilling is expected to gain ground against the dollar in the week to next Thursday, while Zambia's kwacha is forecast to weaken, traders said.

about 2 months indicative negative
WEEKAHEAD-AFRICA-FX-Zambia, Uganda currencies seen falling, Ghana's...

The Zambian and Ugandan currencies are expected to come under pressure in the coming week while that of Ghana is likely to firm.

2 months conditional negative

572 UGX to DKK currency converter