Moroccan dirham ugandan shilling exchange rate history (MAD UGX) August 2023

Moroccan dirham ugandan shilling history for August 2023. The highest quote for this month is 389.45 (11/08/2023) and the lowest 389.92 (11/08/2023). The difference between high and low is -0.12.

MAD UGX average rate for August 2023 is 374.38154, the change between 01/08/2023 and 31/08/2023 is -3.53 %.

01 August 2023	1 MAD = 363.1 UGX
02 August 2023	1 MAD = 364.0 UGX
03 August 2023	1 MAD = 373.5 UGX
04 August 2023	1 MAD = 362.8 UGX
07 August 2023	1 MAD = 378.7 UGX
08 August 2023	1 MAD = 374.9 UGX
09 August 2023	1 MAD = 381.2 UGX
10 August 2023	1 MAD = 383.9 UGX
11 August 2023	1 MAD = 389.4 UGX
12 August 2023	1 MAD = 377.8 UGX
14 August 2023	1 MAD = 389.9 UGX
15 August 2023	1 MAD = 372.8 UGX
16 August 2023	1 MAD = 373.7 UGX
17 August 2023	1 MAD = 372.7 UGX
18 August 2023	1 MAD = 371.7 UGX
19 August 2023	1 MAD = 373.6 UGX
20 August 2023	1 MAD = 373.6 UGX
21 August 2023	1 MAD = 386.9 UGX
22 August 2023	1 MAD = 369.8 UGX
23 August 2023	1 MAD = 368.7 UGX
24 August 2023	1 MAD = 367.4 UGX
25 August 2023	1 MAD = 365.4 UGX
28 August 2023	1 MAD = 376.2 UGX
29 August 2023	1 MAD = 371.6 UGX
30 August 2023	1 MAD = 374.5 UGX
31 August 2023	1 MAD = 376.0 UGX

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

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.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

02/05/2003: Introduction of Coins

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

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official 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.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

Historic Moroccan dirham Ugandan Shilling