Historic Ugandan Shilling Malaysian ringgit

Ugandan Shilling malaysian ringgit history for January 2024. The highest quote for this month is 0.001255 (23/01/2024) and the lowest 0.001254 (31/01/2024). The difference between high and low is 0.08.

UGX MYR average rate for January 2024 is 0.00124, the change between 01/01/2024 and 31/01/2024 is -2.12 %.

01 January 20241 UGX = 0.0012 MYR
02 January 20241 UGX = 0.0012 MYR
03 January 20241 UGX = 0.0012 MYR
04 January 20241 UGX = 0.0012 MYR
05 January 20241 UGX = 0.0012 MYR
06 January 20241 UGX = 0.0012 MYR
07 January 20241 UGX = 0.0012 MYR
08 January 20241 UGX = 0.0012 MYR
09 January 20241 UGX = 0.0012 MYR
10 January 20241 UGX = 0.0012 MYR
11 January 20241 UGX = 0.0012 MYR
12 January 20241 UGX = 0.0012 MYR
14 January 20241 UGX = 0.0012 MYR
15 January 20241 UGX = 0.0012 MYR
16 January 20241 UGX = 0.0012 MYR
17 January 20241 UGX = 0.0012 MYR
18 January 20241 UGX = 0.0012 MYR
19 January 20241 UGX = 0.0013 MYR
22 January 20241 UGX = 0.0013 MYR
23 January 20241 UGX = 0.0013 MYR
24 January 20241 UGX = 0.0013 MYR
25 January 20241 UGX = 0.0013 MYR
26 January 20241 UGX = 0.0013 MYR
28 January 20241 UGX = 0.0012 MYR
29 January 20241 UGX = 0.0013 MYR
30 January 20241 UGX = 0.0013 MYR
31 January 20241 UGX = 0.0013 MYR

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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