Algerian dinar burmese kyat exchange rate history (DZD MMK) August 2023

Algerian dinar burmese kyat history for August 2023. The highest quote for this month is 15.479 (12/08/2023) and the lowest 15.53 (10/08/2023). The difference between high and low is -0.33.

DZD MMK average rate for August 2023 is 15.34931, the change between 01/08/2023 and 31/08/2023 is +0.38 %.

01 August 2023	1 DZD = 15.40 MMK
02 August 2023	1 DZD = 15.39 MMK
03 August 2023	1 DZD = 15.40 MMK
04 August 2023	1 DZD = 15.35 MMK
07 August 2023	1 DZD = 15.30 MMK
08 August 2023	1 DZD = 15.37 MMK
09 August 2023	1 DZD = 15.36 MMK
10 August 2023	1 DZD = 15.37 MMK
11 August 2023	1 DZD = 15.39 MMK
12 August 2023	1 DZD = 15.48 MMK
14 August 2023	1 DZD = 15.42 MMK
15 August 2023	1 DZD = 15.37 MMK
16 August 2023	1 DZD = 15.36 MMK
17 August 2023	1 DZD = 15.36 MMK
18 August 2023	1 DZD = 15.35 MMK
19 August 2023	1 DZD = 15.43 MMK
20 August 2023	1 DZD = 15.43 MMK
21 August 2023	1 DZD = 15.27 MMK
22 August 2023	1 DZD = 15.30 MMK
23 August 2023	1 DZD = 15.30 MMK
24 August 2023	1 DZD = 15.29 MMK
25 August 2023	1 DZD = 15.28 MMK
28 August 2023	1 DZD = 15.26 MMK
29 August 2023	1 DZD = 15.27 MMK
30 August 2023	1 DZD = 15.25 MMK
31 August 2023	1 DZD = 15.35 MMK

22/02/2021: Kyat's Depreciation Challenges

The Burmese kyat faced significant depreciation and instability due to political turmoil and the military coup in Myanmar.

20/12/2017: Devaluation of Algerian Dinar

The Algerian dinar was devalued again, as it faced economic challenges and low oil prices.

23/04/2015: Foreign Exchange Market Liberalization

Restrictions on foreign exchange were lifted, allowing a more liberalized foreign exchange market in Myanmar.

29/06/2014: 50th Anniversary of Algerian Dinar

Algeria celebrated the 50th anniversary of the introduction of the Algerian dinar as its national currency.

02/04/2012: Managed Float Regime Implemented

The Burmese government adopted a managed float exchange rate regime, allowing the kyat to fluctuate based on market forces.

21/12/1999: Introduction of Euro-Dinar Exchange Rate

The euro-dinar exchange rate was introduced, replacing the French franc as the peg currency for the Algerian dinar.

17/09/1994: Introduction of New Dinar

A new series of banknotes was introduced in Algeria, with the intent of stabilizing the currency and reducing inflation.

01/04/1990: Foreign Exchange Certificates Introduced

Foreign Exchange Certificates (FECs) were introduced as a parallel currency to stabilize the economy and control the black market.

01/09/1987: Second Kyat Revalued

Due to hyperinflation, the Burmese kyat was again revalued, with 1 kyat replacing 10 new kyats.

10/11/1973: Devaluation of Algerian Dinar

The Algerian dinar was devalued by 30%, as a result of the global oil crisis and economic challenges faced by Algeria.

07/05/1971: Algerian Dinar Pegged to French Franc

The Algerian dinar was pegged to the French franc at a rate of 1 dinar to 1.20 francs, establishing a fixed exchange rate.

01/12/1964: Kyat Revalued

The Burmese kyat underwent a major revaluation, with 1 new kyat replacing 100 old kyats to combat inflation.

01/10/1964: Introduction of Algerian Dinar

The Algerian dinar was introduced as the official currency of Algeria, replacing the French franc at a rate of 1 dinar to 100 francs.

01/07/1952: Kyat Introduced

The Burmese kyat was first introduced as the official currency of Burma, replacing the Indian rupee at an exchange rate of 1 kyat = 1 rupee.

Historic Algerian dinar Burmese kyat