Historic Moroccan dirham Ugandan Shilling

Moroccan dirham ugandan shilling history for December 2023. The highest quote for this month is 390.25 (29/12/2023) and the lowest 390.27 (27/12/2023). The difference between high and low is -0.01.

MAD UGX average rate for December 2023 is 377.59964, the change between 01/12/2023 and 31/12/2023 is +1.99 %.

01 December 20231 MAD = 386.8 UGX
02 December 20231 MAD = 378.3 UGX
03 December 20231 MAD = 378.3 UGX
04 December 20231 MAD = 385.5 UGX
05 December 20231 MAD = 372.7 UGX
06 December 20231 MAD = 371.8 UGX
07 December 20231 MAD = 370.0 UGX
08 December 20231 MAD = 369.4 UGX
10 December 20231 MAD = 373.9 UGX
11 December 20231 MAD = 379.9 UGX
12 December 20231 MAD = 381.8 UGX
13 December 20231 MAD = 382.2 UGX
14 December 20231 MAD = 367.9 UGX
15 December 20231 MAD = 370.7 UGX
16 December 20231 MAD = 375.5 UGX
17 December 20231 MAD = 375.5 UGX
18 December 20231 MAD = 381.2 UGX
19 December 20231 MAD = 380.7 UGX
20 December 20231 MAD = 368.7 UGX
21 December 20231 MAD = 370.4 UGX
22 December 20231 MAD = 373.4 UGX
23 December 20231 MAD = 383.2 UGX
24 December 20231 MAD = 383.1 UGX
25 December 20231 MAD = 388.6 UGX
26 December 20231 MAD = 388.3 UGX
27 December 20231 MAD = 376.2 UGX
28 December 20231 MAD = 379.7 UGX
29 December 20231 MAD = 379.2 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.
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