Historic Cambodian Riel Burmese kyat

Cambodian Riel burmese kyat history for December 2023. The highest quote for this month is 0.51983 (29/12/2023) and the lowest 0.5207 (29/12/2023). The difference between high and low is -0.17.

KHR MMK average rate for December 2023 is 0.51161, the change between 01/12/2023 and 31/12/2023 is -0.56 %.

01 December 20231 KHR = 0.5169 MMK
02 December 20231 KHR = 0.5105 MMK
03 December 20231 KHR = 0.5105 MMK
04 December 20231 KHR = 0.5170 MMK
05 December 20231 KHR = 0.5073 MMK
06 December 20231 KHR = 0.5067 MMK
07 December 20231 KHR = 0.5172 MMK
08 December 20231 KHR = 0.5071 MMK
10 December 20231 KHR = 0.5101 MMK
11 December 20231 KHR = 0.5170 MMK
12 December 20231 KHR = 0.5077 MMK
13 December 20231 KHR = 0.5178 MMK
14 December 20231 KHR = 0.5069 MMK
15 December 20231 KHR = 0.5065 MMK
16 December 20231 KHR = 0.5105 MMK
17 December 20231 KHR = 0.5105 MMK
18 December 20231 KHR = 0.5176 MMK
19 December 20231 KHR = 0.5072 MMK
20 December 20231 KHR = 0.5062 MMK
21 December 20231 KHR = 0.5073 MMK
22 December 20231 KHR = 0.5081 MMK
23 December 20231 KHR = 0.5119 MMK
24 December 20231 KHR = 0.5114 MMK
25 December 20231 KHR = 0.5185 MMK
26 December 20231 KHR = 0.5182 MMK
27 December 20231 KHR = 0.5095 MMK
28 December 20231 KHR = 0.5092 MMK
29 December 20231 KHR = 0.5198 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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