Burmese kyat ugandan shilling exchange rate history (MMK UGX) December 2023

Burmese kyat ugandan shilling history for December 2023. The highest quote for this month is 1.8219 (02/12/2023) and the lowest 1.8219 (02/12/2023). The difference between high and low is 0.

MMK UGX average rate for December 2023 is 1.80188, the change between 01/12/2023 and 31/12/2023 is +1.26 %.

01 December 2023	1 MMK = 1.816 UGX
02 December 2023	1 MMK = 1.822 UGX
03 December 2023	1 MMK = 1.822 UGX
04 December 2023	1 MMK = 1.809 UGX
05 December 2023	1 MMK = 1.805 UGX
06 December 2023	1 MMK = 1.805 UGX
07 December 2023	1 MMK = 1.793 UGX
08 December 2023	1 MMK = 1.795 UGX
10 December 2023	1 MMK = 1.815 UGX
11 December 2023	1 MMK = 1.793 UGX
12 December 2023	1 MMK = 1.809 UGX
13 December 2023	1 MMK = 1.809 UGX
14 December 2023	1 MMK = 1.802 UGX
15 December 2023	1 MMK = 1.798 UGX
16 December 2023	1 MMK = 1.815 UGX
17 December 2023	1 MMK = 1.815 UGX
18 December 2023	1 MMK = 1.793 UGX
19 December 2023	1 MMK = 1.794 UGX
20 December 2023	1 MMK = 1.792 UGX
21 December 2023	1 MMK = 1.788 UGX
22 December 2023	1 MMK = 1.788 UGX
23 December 2023	1 MMK = 1.815 UGX
24 December 2023	1 MMK = 1.815 UGX
25 December 2023	1 MMK = 1.790 UGX
26 December 2023	1 MMK = 1.790 UGX
27 December 2023	1 MMK = 1.790 UGX
28 December 2023	1 MMK = 1.788 UGX
29 December 2023	1 MMK = 1.793 UGX

22/02/2021: Kyat's Depreciation Challenges

The Burmese kyat faced significant depreciation and instability due to political turmoil and the military coup in Myanmar.

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.

23/04/2015: Foreign Exchange Market Liberalization

Restrictions on foreign exchange were lifted, allowing a more liberalized foreign exchange market in Myanmar.

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.

02/04/2012: Managed Float Regime Implemented

The Burmese government adopted a managed float exchange rate regime, allowing the kyat to fluctuate based on market forces.

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.

01/04/1990: Foreign Exchange Certificates Introduced

Foreign Exchange Certificates (FECs) were introduced as a parallel currency to stabilize the economy and control the black market.

01/09/1987: Second Kyat Revalued

Due to hyperinflation, the Burmese kyat was again revalued, with 1 kyat replacing 10 new kyats.

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.

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.

01/12/1964: Kyat Revalued

The Burmese kyat underwent a major revaluation, with 1 new kyat replacing 100 old kyats to combat inflation.

01/07/1952: Kyat Introduced

The Burmese kyat was first introduced as the official currency of Burma, replacing the Indian rupee at an exchange rate of 1 kyat = 1 rupee.

Historic Burmese kyat Ugandan Shilling