Ugandan Shilling burmese kyat exchange rate history (UGX MMK) October 2023

Ugandan Shilling burmese kyat history for October 2023. The highest quote for this month is 0.56575 (03/10/2023) and the lowest 0.56241 (05/10/2023). The difference between high and low is 0.59.

UGX MMK average rate for October 2023 is 0.55985, the change between 01/10/2023 and 31/10/2023 is +0.1 %.

01 October 2023	1 UGX = 0.5581 MMK
02 October 2023	1 UGX = 0.5592 MMK
03 October 2023	1 UGX = 0.5600 MMK
04 October 2023	1 UGX = 0.5623 MMK
05 October 2023	1 UGX = 0.5624 MMK
06 October 2023	1 UGX = 0.5616 MMK
07 October 2023	1 UGX = 0.5583 MMK
09 October 2023	1 UGX = 0.5616 MMK
10 October 2023	1 UGX = 0.5616 MMK
11 October 2023	1 UGX = 0.5613 MMK
12 October 2023	1 UGX = 0.5604 MMK
13 October 2023	1 UGX = 0.5601 MMK
16 October 2023	1 UGX = 0.5609 MMK
17 October 2023	1 UGX = 0.5608 MMK
18 October 2023	1 UGX = 0.5609 MMK
19 October 2023	1 UGX = 0.5590 MMK
20 October 2023	1 UGX = 0.5595 MMK
21 October 2023	1 UGX = 0.5584 MMK
22 October 2023	1 UGX = 0.5584 MMK
23 October 2023	1 UGX = 0.5603 MMK
24 October 2023	1 UGX = 0.5603 MMK
25 October 2023	1 UGX = 0.5601 MMK
26 October 2023	1 UGX = 0.5588 MMK
27 October 2023	1 UGX = 0.5586 MMK
29 October 2023	1 UGX = 0.5584 MMK
30 October 2023	1 UGX = 0.5573 MMK
31 October 2023	1 UGX = 0.5576 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.

Historic Ugandan Shilling Burmese kyat