Historic Moroccan dirham Ugandan Shilling

Moroccan dirham ugandan shilling history for January 2024. The highest quote for this month is 392.09 (04/01/2024) and the lowest 394.49 (04/01/2024). The difference between high and low is -0.61.

MAD UGX average rate for January 2024 is 382.70407, the change between 01/01/2024 and 31/01/2024 is +3.25 %.

01 January 20241 MAD = 389.9 UGX
02 January 20241 MAD = 389.9 UGX
03 January 20241 MAD = 377.6 UGX
04 January 20241 MAD = 379.6 UGX
05 January 20241 MAD = 381.1 UGX
06 January 20241 MAD = 380.8 UGX
07 January 20241 MAD = 381.9 UGX
08 January 20241 MAD = 389.2 UGX
09 January 20241 MAD = 379.4 UGX
10 January 20241 MAD = 389.7 UGX
11 January 20241 MAD = 377.9 UGX
12 January 20241 MAD = 377.9 UGX
14 January 20241 MAD = 381.6 UGX
15 January 20241 MAD = 389.5 UGX
16 January 20241 MAD = 390.9 UGX
17 January 20241 MAD = 390.2 UGX
18 January 20241 MAD = 377.9 UGX
19 January 20241 MAD = 376.6 UGX
22 January 20241 MAD = 390.7 UGX
23 January 20241 MAD = 379.3 UGX
24 January 20241 MAD = 378.2 UGX
25 January 20241 MAD = 379.1 UGX
26 January 20241 MAD = 378.1 UGX
28 January 20241 MAD = 381.6 UGX
29 January 20241 MAD = 391.0 UGX
30 January 20241 MAD = 376.4 UGX
31 January 20241 MAD = 377.2 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.
MAD UGX January 2024
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MAD UGX January 2025