Historic Malaysian ringgit Ugandan Shilling

Malaysian ringgit ugandan shilling history for February 2024. The highest quote for this month is 818.67 (26/02/2024) and the lowest 819.63 (29/02/2024). The difference between high and low is -0.12.

MYR UGX average rate for February 2024 is 804.67185, the change between 01/02/2024 and 29/02/2024 is -2.41 %.

01 February 20241 MYR = 796.8 UGX
02 February 20241 MYR = 799.1 UGX
03 February 20241 MYR = 807.0 UGX
04 February 20241 MYR = 807.0 UGX
05 February 20241 MYR = 808.3 UGX
06 February 20241 MYR = 797.4 UGX
07 February 20241 MYR = 794.5 UGX
08 February 20241 MYR = 794.9 UGX
09 February 20241 MYR = 796.5 UGX
12 February 20241 MYR = 800.4 UGX
13 February 20241 MYR = 801.8 UGX
14 February 20241 MYR = 802.6 UGX
15 February 20241 MYR = 800.4 UGX
16 February 20241 MYR = 800.7 UGX
17 February 20241 MYR = 809.0 UGX
18 February 20241 MYR = 809.0 UGX
19 February 20241 MYR = 802.1 UGX
20 February 20241 MYR = 801.6 UGX
21 February 20241 MYR = 801.0 UGX
22 February 20241 MYR = 803.6 UGX
23 February 20241 MYR = 806.8 UGX
24 February 20241 MYR = 809.5 UGX
25 February 20241 MYR = 809.5 UGX
26 February 20241 MYR = 814.9 UGX
27 February 20241 MYR = 818.7 UGX
28 February 20241 MYR = 817.1 UGX
29 February 20241 MYR = 816.1 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.

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

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.

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

02/05/2003: Introduction of Coins

Uganda introduced coins denominated in Shillings to replace lower-value notes and facilitate transactions.

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

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.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

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.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.

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.
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