Ugandan Shilling maldivian rufiyaa exchange rate history (UGX MVR) August 2023

Ugandan Shilling maldivian rufiyaa history for August 2023. The highest quote for this month is 0.004272 (04/08/2023) and the lowest 0.004293 (07/08/2023). The difference between high and low is -0.49.

UGX MVR average rate for August 2023 is 0.00418, the change between 01/08/2023 and 31/08/2023 is +2.88 %.

01 August 2023	1 UGX = 0.0043 MVR
02 August 2023	1 UGX = 0.0042 MVR
03 August 2023	1 UGX = 0.0042 MVR
04 August 2023	1 UGX = 0.0043 MVR
07 August 2023	1 UGX = 0.0043 MVR
08 August 2023	1 UGX = 0.0043 MVR
09 August 2023	1 UGX = 0.0043 MVR
10 August 2023	1 UGX = 0.0042 MVR
11 August 2023	1 UGX = 0.0041 MVR
12 August 2023	1 UGX = 0.0041 MVR
14 August 2023	1 UGX = 0.0041 MVR
15 August 2023	1 UGX = 0.0041 MVR
16 August 2023	1 UGX = 0.0041 MVR
17 August 2023	1 UGX = 0.0041 MVR
18 August 2023	1 UGX = 0.0041 MVR
19 August 2023	1 UGX = 0.0041 MVR
20 August 2023	1 UGX = 0.0041 MVR
21 August 2023	1 UGX = 0.0041 MVR
22 August 2023	1 UGX = 0.0041 MVR
23 August 2023	1 UGX = 0.0041 MVR
24 August 2023	1 UGX = 0.0042 MVR
25 August 2023	1 UGX = 0.0042 MVR
28 August 2023	1 UGX = 0.0042 MVR
29 August 2023	1 UGX = 0.0042 MVR
30 August 2023	1 UGX = 0.0041 MVR
31 August 2023	1 UGX = 0.0041 MVR

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.

Historic Ugandan Shilling Maldivian rufiyaa