Ugandan Shilling moroccan dirham exchange rate history (UGX MAD) October 2023

Ugandan Shilling moroccan dirham history for October 2023. The highest quote for this month is 0.002792 (04/10/2023) and the lowest 0.002754 (21/10/2023). The difference between high and low is 1.36.

UGX MAD average rate for October 2023 is 0.00274, the change between 01/10/2023 and 31/10/2023 is -0.66 %.

01 October 2023	1 UGX = 0.0027 MAD
02 October 2023	1 UGX = 0.0027 MAD
03 October 2023	1 UGX = 0.0028 MAD
04 October 2023	1 UGX = 0.0028 MAD
05 October 2023	1 UGX = 0.0028 MAD
06 October 2023	1 UGX = 0.0027 MAD
07 October 2023	1 UGX = 0.0027 MAD
09 October 2023	1 UGX = 0.0027 MAD
10 October 2023	1 UGX = 0.0027 MAD
11 October 2023	1 UGX = 0.0028 MAD
12 October 2023	1 UGX = 0.0028 MAD
13 October 2023	1 UGX = 0.0028 MAD
16 October 2023	1 UGX = 0.0027 MAD
17 October 2023	1 UGX = 0.0028 MAD
18 October 2023	1 UGX = 0.0028 MAD
19 October 2023	1 UGX = 0.0027 MAD
20 October 2023	1 UGX = 0.0028 MAD
21 October 2023	1 UGX = 0.0028 MAD
22 October 2023	1 UGX = 0.0028 MAD
23 October 2023	1 UGX = 0.0027 MAD
24 October 2023	1 UGX = 0.0028 MAD
25 October 2023	1 UGX = 0.0028 MAD
26 October 2023	1 UGX = 0.0028 MAD
27 October 2023	1 UGX = 0.0028 MAD
29 October 2023	1 UGX = 0.0027 MAD
30 October 2023	1 UGX = 0.0027 MAD
31 October 2023	1 UGX = 0.0028 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.

Historic Ugandan Shilling Moroccan dirham