Cowries shells. A cow had been equal to 2,500 cowrie shells. Photo/LABAN WALLOGA Bank of Uganda, Daniel arap Moi, Mwai Kibaki, yoweri museveni, East African Currency Board, jomo kenyatta, idi amin, milton obote, central coins, cowrie shells, blue beads, nsinda, ivory discs, sanga
In a paper entitled, The development of Currency in Uganda, Charles Enyondo, Bank of Uganda senior archivist, records that, “From earlier in the day date, before getting into connection with the surface world, a money (sanga and nsinda) existed in Uganda besides the barter trade.
Ivory and slaves had been certainly of more value than cows, nevertheless they had been reckoned since well well well worth a particular amount of cows each.
Inside the guide, The Baganda, first published in 1911, John Roscoe penned: “Before the development of cowrie shells, a blue bead, nsinda, was used; this is really rough and poorly made, nonetheless it had been regarded as being of good value; one bead ended up being equal in value to 1 hundred cowrie shells. Continue reading