Using a Money Museum
 as a Tool for Economic
       Education
              By Kelvin Kizito Kiyingi

   Assistant Director, Communications Department
Introduction
MABJ, Reuters Fellow

City University of New York

Post Bank, Communication Manager

 U.S. Embassy Kampala, Information Assistant

 Bank of Uganda, Assistant Director, Communications

Department
Outline
 Background

Structure and Management

Role of the Museum

Activities

Challenges

Way Forward
Background
It helps central bank relate closely with the public.



 The C. N Kikonyogo Money Museum of Bank of Uganda was
officially opened on 15th August 2006 during celebrations to mark 40
years of the bank.



 Though relatively young, the C.N Money Museum has been able
launch a few programs aimed at the Educating the public about the
Central Bank of Uganda .
Role of Museum
 To preserve the history of Bank of Uganda as a monetary
institution. A Museum is the best way an organization can keep
its history alive.


To preserve and display currency as a national heritage


To Educate the public on the roles of Bank of Uganda

   Museums are centers of Education.

   The Educational role of Museums is at the core of their
   services to the public.

   It is possible to use the Museum as a tool for monetary
   policy dissemination and financial literacy.
Structure & Management
 Communications Department of
Bank of Uganda
Under the Information Resource Division

A Section within the Division

Three Units: History of Money, history of

BoU; Roles and functions of BoUS
Activities of the Museum

 The Money Museum reaches out to the Public
  and Bank of Uganda Staff through a number of
  programs.
 Exhibitions
 Free access for the public to visit the Bank Museum and view artifacts
 School Visits – seminars/workshops. Outreach programs
 Hosting Schools - seminars/workshops.
 Universities & Other tertiary institutions - seminars/workshops.
 Programs for members of staff
Activities of the Museum cont’d…
 Presentations to
  school groups.
 Role of Bank of Uganda
 Monetary Policy
 Basics of Financial Literacy
 Saving
 Investment
 Entrepreneurship
Activities of the Museum cont’d…

 Currency Features
 Institutions
 Business
  Community
 Schools
 Banks
Activities of the Museum cont’d…
Out reach programs to schools
Activities of the Museum
 We have hosted scholars studying Uganda’s Numismatic heritage.


 The Museum has partnered with the Bank’s Research Department to
  come up with simple ways of explaining monetary policy to the
  Public.


 We record questions from the Public and where possible answer
  them.

 The Museum shows documentaries about the Bank to the Public
Activities of the Museum
Bank staff

 Staff are encouraged to visit
the Museum at all times.


 The Museum runs a monthly
newsletter to inform staff
about its activities.


 We have also started a staff
family program during the
holidays.
Challenges
 Space.

 Lack of access

 Financial

 Lack of awareness

 Inadequate Skills
Way Forward
 Monetary Policy Forums.

 Museum Policy

 Changing the Location

 Acquiring more space

 Making Museum activities part of Financial Literacy

 Acquiring skills through attachments
Following The Deutch Bundesbank Model
              Way Forward
 Introducing Monetary Policy
  Forums
 Acquiring Skills through
  attachments
 Museum Policy
 Revamping the website
  section
 Creating a virtual museum
  linking it to the website
Questions




10/19/12               16

Money Museums As Tools For Economic Education

  • 1.
    Using a MoneyMuseum as a Tool for Economic Education By Kelvin Kizito Kiyingi Assistant Director, Communications Department
  • 2.
    Introduction MABJ, Reuters Fellow CityUniversity of New York Post Bank, Communication Manager  U.S. Embassy Kampala, Information Assistant  Bank of Uganda, Assistant Director, Communications Department
  • 3.
    Outline  Background Structure andManagement Role of the Museum Activities Challenges Way Forward
  • 4.
    Background It helps centralbank relate closely with the public.  The C. N Kikonyogo Money Museum of Bank of Uganda was officially opened on 15th August 2006 during celebrations to mark 40 years of the bank.  Though relatively young, the C.N Money Museum has been able launch a few programs aimed at the Educating the public about the Central Bank of Uganda .
  • 5.
    Role of Museum To preserve the history of Bank of Uganda as a monetary institution. A Museum is the best way an organization can keep its history alive. To preserve and display currency as a national heritage To Educate the public on the roles of Bank of Uganda Museums are centers of Education. The Educational role of Museums is at the core of their services to the public. It is possible to use the Museum as a tool for monetary policy dissemination and financial literacy.
  • 6.
    Structure & Management Communications Department of Bank of Uganda Under the Information Resource Division A Section within the Division Three Units: History of Money, history of BoU; Roles and functions of BoUS
  • 7.
    Activities of theMuseum  The Money Museum reaches out to the Public and Bank of Uganda Staff through a number of programs.  Exhibitions  Free access for the public to visit the Bank Museum and view artifacts  School Visits – seminars/workshops. Outreach programs  Hosting Schools - seminars/workshops.  Universities & Other tertiary institutions - seminars/workshops.  Programs for members of staff
  • 8.
    Activities of theMuseum cont’d…  Presentations to school groups.  Role of Bank of Uganda  Monetary Policy  Basics of Financial Literacy  Saving  Investment  Entrepreneurship
  • 9.
    Activities of theMuseum cont’d…  Currency Features  Institutions  Business Community  Schools  Banks
  • 10.
    Activities of theMuseum cont’d… Out reach programs to schools
  • 11.
    Activities of theMuseum  We have hosted scholars studying Uganda’s Numismatic heritage.  The Museum has partnered with the Bank’s Research Department to come up with simple ways of explaining monetary policy to the Public.  We record questions from the Public and where possible answer them.  The Museum shows documentaries about the Bank to the Public
  • 12.
    Activities of theMuseum Bank staff  Staff are encouraged to visit the Museum at all times.  The Museum runs a monthly newsletter to inform staff about its activities.  We have also started a staff family program during the holidays.
  • 13.
    Challenges  Space.  Lackof access  Financial  Lack of awareness  Inadequate Skills
  • 14.
    Way Forward  MonetaryPolicy Forums.  Museum Policy  Changing the Location  Acquiring more space  Making Museum activities part of Financial Literacy  Acquiring skills through attachments
  • 15.
    Following The DeutchBundesbank Model Way Forward  Introducing Monetary Policy Forums  Acquiring Skills through attachments  Museum Policy  Revamping the website section  Creating a virtual museum linking it to the website
  • 16.

Editor's Notes

  • #17 I hope my presentation has not raised more questions than answers.