Historic Burmese kyat Ugandan Shilling

Burmese kyat ugandan shilling history for January 2024. The highest quote for this month is 1.8175 (28/01/2024) and the lowest 1.8175 (28/01/2024). The difference between high and low is 0.

MMK UGX average rate for January 2024 is 1.81014, the change between 01/01/2024 and 31/01/2024 is -0.93 %.

01 January 20241 MMK = 1.798 UGX
02 January 20241 MMK = 1.798 UGX
03 January 20241 MMK = 1.802 UGX
04 January 20241 MMK = 1.813 UGX
05 January 20241 MMK = 1.813 UGX
06 January 20241 MMK = 1.809 UGX
07 January 20241 MMK = 1.809 UGX
08 January 20241 MMK = 1.803 UGX
09 January 20241 MMK = 1.812 UGX
10 January 20241 MMK = 1.807 UGX
11 January 20241 MMK = 1.807 UGX
12 January 20241 MMK = 1.807 UGX
14 January 20241 MMK = 1.813 UGX
15 January 20241 MMK = 1.807 UGX
16 January 20241 MMK = 1.813 UGX
17 January 20241 MMK = 1.814 UGX
18 January 20241 MMK = 1.815 UGX
19 January 20241 MMK = 1.809 UGX
22 January 20241 MMK = 1.810 UGX
23 January 20241 MMK = 1.813 UGX
24 January 20241 MMK = 1.816 UGX
25 January 20241 MMK = 1.815 UGX
26 January 20241 MMK = 1.813 UGX
28 January 20241 MMK = 1.818 UGX
29 January 20241 MMK = 1.813 UGX
30 January 20241 MMK = 1.814 UGX
31 January 20241 MMK = 1.814 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.
MMK UGX August 2023
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