Convert Malaysian Ringgit to Ugandan Shilling
Please provide values below to convert Malaysian Ringgit [MYR] to Ugandan Shilling [UGX], or Convert Ugandan Shilling to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Ugandan Shilling
1 MYR = 0.00118650625474481 UGX
Example: convert 15 MYR to UGX:
15 MYR = 15 × 0.00118650625474481 UGX = 0.0177975938211721 UGX
Malaysian Ringgit to Ugandan Shilling Conversion Table
| Malaysian Ringgit | Ugandan Shilling |
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Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.