Moroccan dirham to Ugandan shilling Exchange Rate History - XTransfer

Moroccan dirham to Ugandan shilling Historical Exchange Rates

Welcome to the MAD to UGX exchange rate history page. This page contains detailed daily historical exchange rates between MAD and UGX from 2025-3-8 to 2026-04-15, making it easy to look up and reference.

Amount

Result

1 MAD = 401.473 UGX

09:30 Exchange Rate

Pay and get paid in local currency. Save up to 80% on your currency exchanges.

Get it for free now

1 Moroccan dirham to Ugandan shilling Historical Exchange Rate Trends

1 MAD = -- UGX

09:30 Exchange Rate

MAD - UGX+0%

Invalid DateInvalid Date

1 Moroccan dirham to Ugandan shilling Data Statistics

This section organizes the historical exchange rate data of 1 MAD to UGX, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.

Time

Past 1 day

Past 15 day

Past 30 day

Past 90 day

High

401.473

402.677

404.161

Low

401.473

396.229

376.186

Average

401.473

399.265

400.293

393.71

Past 7 days historical exchange rates

Below are the daily average exchange rates of MAD to UGX for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of UGX to MAD, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.

MAD to UGX - Last 7 Days

MAD

UGX

2026-04-15

401.473

MAD

UGX

2026-04-14

402.341

MAD

UGX

2026-04-13

398.358

MAD

UGX

2026-04-12

397.946

MAD

UGX

2026-04-11

397.946

MAD

UGX

2026-04-10

396.229

MAD

UGX

2026-04-09

397.193

UGX to MAD - Last 7 Days

UGX

MAD

2026-04-15

0.002

UGX

MAD

2026-04-14

0.002

UGX

MAD

2026-04-13

0.003

UGX

MAD

2026-04-12

0.003

UGX

MAD

2026-04-11

0.003

UGX

MAD

2026-04-10

0.003

UGX

MAD

2026-04-09

0.003

MAD - Moroccan Dirham

The Moroccan Dirham was issued in 1959 and became the country's official currency after independence. The MAD reflects Morocco's economic diversification and foreign trade development and is one of the most important currencies in North Africa.

Supporting unit:1 dirham = 100 centimes
Denomination of banknotes:20, 50, 100, 200 dirhams
Reserve currency:No, it mainly relies on the US dollar and the euro.
Banknote material:Paper, with watermark and security thread.
Metal composition:Copper-nickel alloy, stainless steel
Currency symbol:د.م.
Paper currency size:For example, 100 dirhams is approximately 140mm × 70mm.
language:en
Main unit:Dirham
ISO code:MAD
Currency name:Moroccan Dirham
Exchange Rate System:Managed floating exchange rate system
Central Bank:Bank Al-Maghrib
Safe-haven currency:No, the exchange rate is significantly influenced by regional economies.
Coin denomination:1, 5, 10, 20, 50 santims, 1 dirham
Countries of Use:Morocco is the only country that uses it officially.
Cross-border payment:Supports international payments through the SWIFT system, with limited use of the Moroccan dirham in trade within Africa and the Middle East.

UGX - Ugandan Shilling

The Ugandan Shilling has been issued since 1966, replacing the East African Monetary Unit. The UGX is the core of Uganda's economy, supporting the development of agriculture, manufacturing and services. The currency has undergone several inflation adjustments and is currently committed to maintaining a stable exchange rate, promoting national economic growth and regional trade cooperation.

Supporting unit:No auxiliary currency unit; auxiliary currency has been abolished.
Denomination of banknotes:1000, 2000, 5000, 10000, 20000 shillings
Reserve currency:No, the US dollar is the primary reserve currency.
Banknote material:Paper-based, with anti-counterfeiting technology.
Metal composition:Non-circulating coins
Currency symbol:USh
Paper currency size:Approximately 150mm × 70mm for 10,000 shillings.
language:en
Main unit:1 shilling
ISO code:UGX
Currency name:
Exchange Rate System:Floating exchange rate system
Central Bank:Bank of Uganda
Safe-haven currency:No, regional currency.
Coin denomination:Non-circulating coins
Countries of Use:Uganda
Cross-border payment:The shilling supports SWIFT cross-border payments, but most international transactions are conducted in US dollars and euros.

Major Currency Pairs of MAD

FAQ

Based on the historical patterns of Moroccan dirham to Ugandan shilling, is now a good time to exchange?

To judge the timing for exchanging Moroccan dirham to Ugandan shilling, one must compare current rates with the average over the past year or even five years. If the current Moroccan dirham rate is well above the historical average, it usually means MAD is in a strong period, making it a good window for settlement into UGX. Conversely, if Moroccan dirham is at a historical low, it is recommended for exporters to hold MAD in batches and avoid the troughs to minimize losses when converting to UGX.

What are the main reasons affecting the historical volatility of MAD to UGX recently?

The core factor affecting the historical volatility of Moroccan dirham to Ugandan shilling recently is the divergence in monetary policies between the two countries. When interest rate hikes are implemented, the attractiveness of MAD tends to increase, leading to a significant rise in its historical exchange rate against UGX. Additionally, fluctuations in global trade data and inflation levels trigger safe-haven demand for MAD, thereby intensifying the frequency of two-way volatility between Moroccan dirham and Ugandan shilling.

Has MAD experienced a sharp plunge against UGX before? How can I protect myself?

Historically, Moroccan dirham against Ugandan shilling has indeed experienced violent fluctuations or even plunges due to policy shocks or economic crises. The best way to hedge against Moroccan dirham exchange rate risk is to analyze its historical volatility cycles and avoid betting on a one-sided market at a single high point. It is recommended to use batch settlement or forward locking tools to keep the volatility risk of MAD to UGX within an acceptable trade cost range.

Is the current exchange rate of Moroccan dirham to Ugandan shilling considered a historical high or low?

To evaluate the current level of MAD to UGX, one must examine the currency pair's long-term trend chart. By comparing the peaks and troughs of the past five years, you can clearly see if Moroccan dirham is approaching a historical resistance level. If the current MAD price has broken through highs from years ago, it indicates that MAD is at an extreme high; exchanging Moroccan dirham to Ugandan shilling now can often lock in more substantial trade profits than in previous years.

How accurate are the AI-predicted exchange rates for Moroccan dirham to Ugandan shilling?

AI predictions for MAD to UGX are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of MAD through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for Moroccan dirham to Ugandan shilling should serve as supplementary advice for settlement timing, rather than an absolute execution guarantee.

How to stabilize exchange rates through convenient payment methods?

To stabilize profit fluctuations caused by exchange rates, the key is to shorten the decision-making link for settlement. By opening a global collection account online through XTransfer, foreign trade enterprises can move away from traditional banks' cumbersome offline declaration processes and lock in ideal rates for real-time settlement on their phones anytime, anywhere. This digital and convenient payment method from XTransfer frees you from bank hours and complex document reviews, allowing you to more autonomously capture market highs and ensure every payment is secured, effectively hedging against exchange loss risks.

Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.