Historic Brazilian Real Burmese kyat

Brazilian Real burmese kyat history for December 2023. The highest quote for this month is 431.54 (23/12/2023) and the lowest 434.39 (28/12/2023). The difference between high and low is -0.66.

BRL MMK average rate for December 2023 is 425.76571, the change between 01/12/2023 and 31/12/2023 is -2.03 %.

01 December 20231 BRL = 422.5 MMK
02 December 20231 BRL = 429.8 MMK
03 December 20231 BRL = 429.0 MMK
04 December 20231 BRL = 424.6 MMK
05 December 20231 BRL = 421.0 MMK
06 December 20231 BRL = 422.0 MMK
07 December 20231 BRL = 424.9 MMK
08 December 20231 BRL = 423.8 MMK
10 December 20231 BRL = 425.0 MMK
11 December 20231 BRL = 425.7 MMK
12 December 20231 BRL = 421.6 MMK
13 December 20231 BRL = 418.9 MMK
14 December 20231 BRL = 422.9 MMK
15 December 20231 BRL = 423.1 MMK
16 December 20231 BRL = 423.8 MMK
17 December 20231 BRL = 423.8 MMK
18 December 20231 BRL = 425.1 MMK
19 December 20231 BRL = 424.8 MMK
20 December 20231 BRL = 427.0 MMK
21 December 20231 BRL = 423.2 MMK
22 December 20231 BRL = 426.0 MMK
23 December 20231 BRL = 431.5 MMK
24 December 20231 BRL = 431.5 MMK
25 December 20231 BRL = 427.6 MMK
26 December 20231 BRL = 427.6 MMK
27 December 20231 BRL = 432.9 MMK
28 December 20231 BRL = 431.0 MMK
29 December 20231 BRL = 431.1 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.

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

23/04/2015: Foreign Exchange Market Liberalization

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

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

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.

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat 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.

01/12/1964: Kyat Revalued

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

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.
BRL MMK July 2023
BRL MMK August 2023
BRL MMK September 2023
BRL MMK October 2023
BRL MMK November 2023
BRL MMK December 2023
BRL MMK January 2024
BRL MMK February 2024
BRL MMK March 2024
BRL MMK April 2024
BRL MMK May 2024
BRL MMK June 2024
BRL MMK July 2024