Historic Macanese pataca Ugandan Shilling

Macanese pataca ugandan shilling history for February 2024. The highest quote for this month is 496.63 (27/02/2024) and the lowest 496.64 (26/02/2024). The difference between high and low is 0.

MOP UGX average rate for February 2024 is 484.33481, the change between 01/02/2024 and 29/02/2024 is -3.2 %.

01 February 20241 MOP = 479.6 UGX
02 February 20241 MOP = 480.0 UGX
03 February 20241 MOP = 472.4 UGX
04 February 20241 MOP = 472.4 UGX
05 February 20241 MOP = 479.9 UGX
06 February 20241 MOP = 480.4 UGX
07 February 20241 MOP = 480.4 UGX
08 February 20241 MOP = 480.6 UGX
09 February 20241 MOP = 482.3 UGX
12 February 20241 MOP = 484.9 UGX
13 February 20241 MOP = 485.3 UGX
14 February 20241 MOP = 486.0 UGX
15 February 20241 MOP = 486.6 UGX
16 February 20241 MOP = 486.5 UGX
17 February 20241 MOP = 479.8 UGX
18 February 20241 MOP = 479.8 UGX
19 February 20241 MOP = 486.8 UGX
20 February 20241 MOP = 487.4 UGX
21 February 20241 MOP = 488.1 UGX
22 February 20241 MOP = 489.3 UGX
23 February 20241 MOP = 489.2 UGX
24 February 20241 MOP = 479.7 UGX
25 February 20241 MOP = 479.6 UGX
26 February 20241 MOP = 494.5 UGX
27 February 20241 MOP = 496.6 UGX
28 February 20241 MOP = 494.0 UGX
29 February 20241 MOP = 494.9 UGX

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.

20/12/2019: Macao–Hong Kong Financial Cooperation Agreement signed

The Macau and Hong Kong authorities signed a financial cooperation agreement to strengthen monetary and financial stability, impacting the value and role of the Macanese pataca.

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.

01/07/2010: 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.

08/05/1995: Currency board system implemented

Macau adopted a currency board system, establishing a fixed exchange rate between the Macanese pataca and the Hong Kong dollar.

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.

20/10/1977: Internationalization of the pataca

Macau allowed the international use and exchange of the Macanese pataca, strengthening its role as a stable and convertible 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.

08/06/1967: Link with Portuguese escudo reestablished

The Macanese pataca was once again pegged to the Portuguese escudo, ending the gold standard era.

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.

18/06/1948: Gold standard introduced

The Macanese pataca switched to the gold standard, with its value pegged to gold coins. The gold standard lasted until 1967.

17/03/1906: Silver standard established

Macau adopted the silver standard for the pataca, linking its value to silver coins in circulation. This standard remained in place until 1948.

27/10/1901: Introduction of Macanese pataca

The Macanese pataca was first introduced as the official currency of Macau, replacing the Portuguese real. It was initially pegged to the Portuguese escudo.