Historic Ugandan Shilling Moroccan dirham

Ugandan Shilling moroccan dirham history for January 2024. The highest quote for this month is 0.002655 (30/01/2024) and the lowest 0.002618 (07/01/2024). The difference between high and low is 1.39.

UGX MAD average rate for January 2024 is 0.00261, the change between 01/01/2024 and 31/01/2024 is -3.35 %.

01 January 20241 UGX = 0.0026 MAD
02 January 20241 UGX = 0.0026 MAD
03 January 20241 UGX = 0.0026 MAD
04 January 20241 UGX = 0.0026 MAD
05 January 20241 UGX = 0.0026 MAD
06 January 20241 UGX = 0.0026 MAD
07 January 20241 UGX = 0.0026 MAD
08 January 20241 UGX = 0.0026 MAD
09 January 20241 UGX = 0.0026 MAD
10 January 20241 UGX = 0.0026 MAD
11 January 20241 UGX = 0.0026 MAD
12 January 20241 UGX = 0.0026 MAD
14 January 20241 UGX = 0.0026 MAD
15 January 20241 UGX = 0.0026 MAD
16 January 20241 UGX = 0.0026 MAD
17 January 20241 UGX = 0.0026 MAD
18 January 20241 UGX = 0.0026 MAD
19 January 20241 UGX = 0.0027 MAD
22 January 20241 UGX = 0.0026 MAD
23 January 20241 UGX = 0.0026 MAD
24 January 20241 UGX = 0.0026 MAD
25 January 20241 UGX = 0.0026 MAD
26 January 20241 UGX = 0.0026 MAD
28 January 20241 UGX = 0.0026 MAD
29 January 20241 UGX = 0.0026 MAD
30 January 20241 UGX = 0.0027 MAD
31 January 20241 UGX = 0.0027 MAD

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.