Malaysian Ringgit in Ugandan Shilling

MYR Malaysian Ringgit

Country of application:
Malaysia

Coin denominations in circulation:
1, 5, 10, 20, 50 sen, 1 ringgit.

Denominations of banknotes in circulation:
1, 2, 5, 10, 50 and 100 ringgits.

History reference:
The national currency of Malaysia is represented by a monetary unit called the Malaysian ringgit. The Malaysian Ringgit is used officially by Malaysia and unofficially in the border regions of Indone...sia, the Philippines, Thailand, and parts of Ho Chi Minh City, Vietnam. The Malaysian dollar replaced the Malayan dollar and the British Borneo dollar in June 1967 at par. This new currency was officially called "dollars" and "cents" until August 1975, when the official name was changed to "ringgit" and "sen". In inland areas, non-cash means of payment are poorly distributed, it is better to use cash Malaysian currency. It is better to deal with Malaysian banks or licensed Malaysian exchange offices and take plenty of Malaysian cash with you. Especially when it comes to traveling to small towns or rural areas. The import of foreign currency is not limited. Export of the national currency of Malaysia - up to 5000 ringgits, foreign also up to 5000 Malaysian ringgits, in the corresponding equivalent.

UGX Ugandan Shilling

Country of application:
Uganda

Coin denominations in circulation:
100, 200, 500 shillings.

Denominations of banknotes in circulation:
1,000, 2,000, 5,000, 10,000, 20,000, 50,000 shillings.

History reference:
The Ugandan shilling is the currency of Uganda. The territory of Uganda occupies the central part of the elevated East African Plateau and covers a large number of rivers and freshwater lakes, among ...which lakes Victoria, Kyoga, George, Edward and Albert should be distinguished. The total area of Uganda exceeds 236 thousand square kilometers. The Ugandan shilling was introduced on 15 August 1966 to replace the East African shilling issued by the East African Monetary Authority for Kenya, Uganda, Tanganyika and Zanzibar. With the release of the national currency, the exchange of East African shillings 1: 1 for it and their gradual withdrawal from circulation began. From October 21 to October 29, 1979, the government carried out the first currency denomination. Due to high inflation, on May 18, 1987, another monetary reform was carried out, as a result of which a new Ugandan shilling was introduced at an exchange rate of 100: 1. But even this currency was already replaced in 2004 by the currency with the original name - the Ugandan shilling, which, due to the instability of the countrys economy, produces ever higher denominations.