Historic Macanese pataca Ugandan Shilling

Macanese pataca ugandan shilling history for January 2024. The highest quote for this month is 479.8 (04/01/2024) and the lowest 480 (30/01/2024). The difference between high and low is -0.04.

MOP UGX average rate for January 2024 is 477.36222, the change between 01/01/2024 and 31/01/2024 is -0.9 %.

01 January 20241 MOP = 475.4 UGX
02 January 20241 MOP = 475.4 UGX
03 January 20241 MOP = 476.3 UGX
04 January 20241 MOP = 479.8 UGX
05 January 20241 MOP = 479.9 UGX
06 January 20241 MOP = 470.8 UGX
07 January 20241 MOP = 470.7 UGX
08 January 20241 MOP = 477.0 UGX
09 January 20241 MOP = 479.5 UGX
10 January 20241 MOP = 477.8 UGX
11 January 20241 MOP = 477.4 UGX
12 January 20241 MOP = 477.5 UGX
14 January 20241 MOP = 471.1 UGX
15 January 20241 MOP = 477.3 UGX
16 January 20241 MOP = 478.9 UGX
17 January 20241 MOP = 478.9 UGX
18 January 20241 MOP = 479.3 UGX
19 January 20241 MOP = 477.8 UGX
22 January 20241 MOP = 478.2 UGX
23 January 20241 MOP = 479.2 UGX
24 January 20241 MOP = 479.7 UGX
25 January 20241 MOP = 479.5 UGX
26 January 20241 MOP = 479.4 UGX
28 January 20241 MOP = 472.8 UGX
29 January 20241 MOP = 479.5 UGX
30 January 20241 MOP = 480.0 UGX
31 January 20241 MOP = 479.7 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.
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