Historic Chilean Peso Burmese kyat

Chilean Peso burmese kyat history for October 2023. The highest quote for this month is 2.3561 (01/10/2023) and the lowest 2.3581 (01/10/2023). The difference between high and low is -0.08.

CLP MMK average rate for October 2023 is 2.2517, the change between 01/10/2023 and 31/10/2023 is +2.85 %.

01 October 20231 CLP = 2.358 MMK
02 October 20231 CLP = 2.340 MMK
03 October 20231 CLP = 2.291 MMK
04 October 20231 CLP = 2.268 MMK
05 October 20231 CLP = 2.270 MMK
06 October 20231 CLP = 2.269 MMK
09 October 20231 CLP = 2.243 MMK
10 October 20231 CLP = 2.258 MMK
11 October 20231 CLP = 2.240 MMK
12 October 20231 CLP = 2.248 MMK
13 October 20231 CLP = 2.221 MMK
16 October 20231 CLP = 2.215 MMK
17 October 20231 CLP = 2.197 MMK
18 October 20231 CLP = 2.217 MMK
19 October 20231 CLP = 2.213 MMK
20 October 20231 CLP = 2.208 MMK
22 October 20231 CLP = 2.219 MMK
23 October 20231 CLP = 2.198 MMK
24 October 20231 CLP = 2.229 MMK
25 October 20231 CLP = 2.246 MMK
26 October 20231 CLP = 2.250 MMK
27 October 20231 CLP = 2.238 MMK
29 October 20231 CLP = 2.308 MMK
30 October 20231 CLP = 2.259 MMK
31 October 20231 CLP = 2.291 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.

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.

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.

29/09/1977: Decimals Introduced

Chile replaced the escudo with the decimal centavo as the subunit of the peso, simplifying its monetary system.

29/09/1975: Floating Exchange Rate

Chile moved from a fixed to a floating exchange rate system, allowing the peso to be determined by market forces.

01/12/1964: Kyat Revalued

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

02/01/1958: Introduction of Escudo as Subunit

The subunit of 1/100 peso, called the escudo, was introduced to facilitate smaller transactions in Chile.

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.

31/12/1925: Creation of the Central Bank of Chile

The Central Bank of Chile was established, gaining authority over the country's currency issuance and monetary policy.

25/06/1895: Gold Standard Adoption

Chile adopted the gold standard, tying the value of the Chilean Peso to the price of gold and stabilizing its currency.

15/06/1851: First Peso Coinage

The first official peso coins were introduced by the Chilean government, replacing the Spanish colonial currency.

12/02/1817: Chilean Independence

Chile gained independence from Spain, leading to the establishment of the Chilean Peso as its official currency.