Historic Ugandan Shilling Burmese kyat

Ugandan Shilling burmese kyat history for February 2024. The highest quote for this month is 0.55115 (01/02/2024) and the lowest 0.55056 (01/02/2024). The difference between high and low is 0.11.

UGX MMK average rate for February 2024 is 0.54362, the change between 01/02/2024 and 29/02/2024 is +3.19 %.

01 February 20241 UGX = 0.5512 MMK
02 February 20241 UGX = 0.5505 MMK
03 February 20241 UGX = 0.5502 MMK
04 February 20241 UGX = 0.5502 MMK
05 February 20241 UGX = 0.5508 MMK
06 February 20241 UGX = 0.5499 MMK
07 February 20241 UGX = 0.5499 MMK
08 February 20241 UGX = 0.5498 MMK
09 February 20241 UGX = 0.5479 MMK
12 February 20241 UGX = 0.5450 MMK
13 February 20241 UGX = 0.5445 MMK
14 February 20241 UGX = 0.5439 MMK
15 February 20241 UGX = 0.5432 MMK
16 February 20241 UGX = 0.5433 MMK
17 February 20241 UGX = 0.5417 MMK
18 February 20241 UGX = 0.5417 MMK
19 February 20241 UGX = 0.5427 MMK
20 February 20241 UGX = 0.5421 MMK
21 February 20241 UGX = 0.5414 MMK
22 February 20241 UGX = 0.5400 MMK
23 February 20241 UGX = 0.5401 MMK
24 February 20241 UGX = 0.5417 MMK
25 February 20241 UGX = 0.5417 MMK
26 February 20241 UGX = 0.5342 MMK
27 February 20241 UGX = 0.5319 MMK
28 February 20241 UGX = 0.5346 MMK
29 February 20241 UGX = 0.5336 MMK

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.
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