Historic Maldivian rufiyaa Ugandan Shilling

Maldivian rufiyaa ugandan shilling history for December 2023. The highest quote for this month is 248.14 (01/12/2023) and the lowest 249.95 (23/12/2023). The difference between high and low is -0.73.

MVR UGX average rate for December 2023 is 245.87393, the change between 01/12/2023 and 31/12/2023 is +0.94 %.

01 December 20231 MVR = 248.5 UGX
02 December 20231 MVR = 247.4 UGX
03 December 20231 MVR = 247.4 UGX
04 December 20231 MVR = 247.1 UGX
05 December 20231 MVR = 246.6 UGX
06 December 20231 MVR = 246.8 UGX
07 December 20231 MVR = 245.7 UGX
08 December 20231 MVR = 245.6 UGX
10 December 20231 MVR = 246.4 UGX
11 December 20231 MVR = 245.7 UGX
12 December 20231 MVR = 247.2 UGX
13 December 20231 MVR = 247.0 UGX
14 December 20231 MVR = 245.3 UGX
15 December 20231 MVR = 245.1 UGX
16 December 20231 MVR = 246.4 UGX
17 December 20231 MVR = 246.4 UGX
18 December 20231 MVR = 245.8 UGX
19 December 20231 MVR = 244.6 UGX
20 December 20231 MVR = 244.2 UGX
21 December 20231 MVR = 243.8 UGX
22 December 20231 MVR = 243.8 UGX
23 December 20231 MVR = 246.4 UGX
24 December 20231 MVR = 246.4 UGX
25 December 20231 MVR = 245.2 UGX
26 December 20231 MVR = 245.2 UGX
27 December 20231 MVR = 244.5 UGX
28 December 20231 MVR = 244.2 UGX
29 December 20231 MVR = 246.1 UGX

03/06/2020: COVID-19 Impact on the Shilling

The Ugandan Shilling experienced a significant decline in value due to the economic impact of the COVID-19 pandemic.

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

01/09/2013: Withdrawal of Old Currency Series

The old series of Ugandan Shilling notes were phased out and replaced with the new currency series.

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

01/07/2010: Issue of New Currency Series

Uganda issued a new series of currency notes with enhanced security features to reduce counterfeiting.

02/05/2003: Introduction of Coins

Uganda introduced coins denominated in Shillings to replace lower-value notes and facilitate transactions.

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

15/05/1987: Introduction of the 500 Shilling Note

A new 500 Shilling note was introduced to combat the rapid inflation and devaluation of the currency.

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the currency.

05/08/1972: Idi Amin's Currency Change

President Idi Amin ordered the demonetization of old Ugandan Shilling notes and replaced them with new ones, causing an economic crisis.

15/06/1966: Introduction of the Ugandan Shilling

The Ugandan Shilling was introduced as the official currency of Uganda following its independence from British colonial rule.

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese Rupee.