The Bank of Uganda 50,000 shilling note has won the International Bank Note Society's (IBNS) ?Banknote of 2010'. The award has always been decided by the IBNS committee but this time it was decided by a popular vote by the IBNS members.

 The previous Bank of the year winners for 2009 was the Bermuda 2 Dollar note, In 2008 it was the Samoa 20-Tala note and the Bank of Scotland 50-Pound note. Out of the thirteen  nominations, the Ugandan 50,000 shilling note emerged as the best.

The 50,000 note was among the sic currencies that were introduced in mid 2010. The IBNS congratulated Uganda on this achievement and producing the award winning note.

According to IBNS; "the good use of colour - particularly the brown, which might have made the note appear dull if used inappropriately, and the golden highlights which capture attention." played a big role in the note winning this year's accolade.