Historic Ugandan Shilling Maldivian rufiyaa

Ugandan Shilling maldivian rufiyaa history for February 2024. The highest quote for this month is 0.004052 (03/02/2024) and the lowest 0.004061 (02/02/2024). The difference between high and low is -0.22.

UGX MVR average rate for February 2024 is 0.00398, the change between 01/02/2024 and 29/02/2024 is +3.48 %.

01 February 20241 UGX = 0.0041 MVR
02 February 20241 UGX = 0.0040 MVR
03 February 20241 UGX = 0.0041 MVR
04 February 20241 UGX = 0.0041 MVR
05 February 20241 UGX = 0.0040 MVR
06 February 20241 UGX = 0.0040 MVR
07 February 20241 UGX = 0.0040 MVR
08 February 20241 UGX = 0.0040 MVR
09 February 20241 UGX = 0.0040 MVR
12 February 20241 UGX = 0.0040 MVR
13 February 20241 UGX = 0.0040 MVR
14 February 20241 UGX = 0.0040 MVR
15 February 20241 UGX = 0.0040 MVR
16 February 20241 UGX = 0.0040 MVR
17 February 20241 UGX = 0.0040 MVR
18 February 20241 UGX = 0.0040 MVR
19 February 20241 UGX = 0.0040 MVR
20 February 20241 UGX = 0.0040 MVR
21 February 20241 UGX = 0.0040 MVR
22 February 20241 UGX = 0.0039 MVR
23 February 20241 UGX = 0.0039 MVR
24 February 20241 UGX = 0.0040 MVR
25 February 20241 UGX = 0.0040 MVR
26 February 20241 UGX = 0.0039 MVR
27 February 20241 UGX = 0.0039 MVR
28 February 20241 UGX = 0.0039 MVR
29 February 20241 UGX = 0.0039 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.