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Easily convert UGX to KID with ConvertOnline's efficient tool.
The Ugandan Shilling (UGX) is the official currency of Uganda, introduced in 1987 to replace the Uganda pound. It is subdivided into 100 cents and is issued by the Bank of Uganda, which plays a crucial role in managing the country's monetary policy and ensuring the stability of the currency.
The Kiribati Dollar (KID) is the official currency of Kiribati, an island nation in the central Pacific Ocean. It is tied to the Australian Dollar at par, meaning that 1 Kiribati Dollar is equivalent to 1 Australian Dollar, facilitating trade and economic stability in the region.