Historic Cambodian Riel Burmese kyat

Cambodian Riel burmese kyat history for August 2023. The highest quote for this month is 0.51577 (07/08/2023) and the lowest 0.51578 (08/08/2023). The difference between high and low is 0.

KHR MMK average rate for August 2023 is 0.50883, the change between 01/08/2023 and 31/08/2023 is -1.3 %.

01 August 20231 KHR = 0.5052 MMK
02 August 20231 KHR = 0.5049 MMK
03 August 20231 KHR = 0.5148 MMK
04 August 20231 KHR = 0.5037 MMK
07 August 20231 KHR = 0.5143 MMK
08 August 20231 KHR = 0.5158 MMK
09 August 20231 KHR = 0.5145 MMK
10 August 20231 KHR = 0.5144 MMK
11 August 20231 KHR = 0.5144 MMK
12 August 20231 KHR = 0.5077 MMK
14 August 20231 KHR = 0.5143 MMK
15 August 20231 KHR = 0.5046 MMK
16 August 20231 KHR = 0.5045 MMK
17 August 20231 KHR = 0.5042 MMK
18 August 20231 KHR = 0.5043 MMK
19 August 20231 KHR = 0.5068 MMK
20 August 20231 KHR = 0.5068 MMK
21 August 20231 KHR = 0.5143 MMK
22 August 20231 KHR = 0.5028 MMK
23 August 20231 KHR = 0.5030 MMK
24 August 20231 KHR = 0.5029 MMK
25 August 20231 KHR = 0.5029 MMK
28 August 20231 KHR = 0.5122 MMK
29 August 20231 KHR = 0.5123 MMK
30 August 20231 KHR = 0.5123 MMK
31 August 20231 KHR = 0.5117 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.

22/04/2020: COVID-19 Impact

The COVID-19 pandemic caused disruptions in the Cambodian economy, leading to a decline in the value of the Riel.

23/04/2015: Foreign Exchange Market Liberalization

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

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.

04/01/2001: Riel Redenomination

The Cambodian government redenominated the Riel by removing four zeros, making it easier for transactions.

20/03/1995: Dollarization

Cambodia officially adopted a dual currency system, allowing the use of both Riel and the United States Dollar.

20/03/1994: Currency Stabilization

Cambodia implemented a new currency stabilization plan to control hyperinflation and stabilize the Riel.

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.

07/01/1979: Liberation of Cambodia

Vietnamese forces liberated Cambodia from the Khmer Rouge, leading to the reestablishment of the Riel.

17/04/1975: Khmer Rouge Regime

The Khmer Rouge regime took control of Cambodia, resulting in the abolition of currency and economic collapse.

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.

11/07/1951: Introduction of the Riel

The Riel was established as the official currency of Cambodia, replacing the French Indochinese Piastre.
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