Colombian Peso burmese kyat exchange rate history (COP MMK) December 2023

Colombian Peso burmese kyat history for December 2023. The highest quote for this month is 0.54298 (28/12/2023) and the lowest 0.54293 (27/12/2023). The difference between high and low is 0.01.

COP MMK average rate for December 2023 is 0.5279, the change between 01/12/2023 and 31/12/2023 is -4.02 %.

01 December 2023	1 COP = 0.5181 MMK
02 December 2023	1 COP = 0.5284 MMK
03 December 2023	1 COP = 0.5284 MMK
04 December 2023	1 COP = 0.5238 MMK
05 December 2023	1 COP = 0.5178 MMK
06 December 2023	1 COP = 0.5185 MMK
07 December 2023	1 COP = 0.5206 MMK
08 December 2023	1 COP = 0.5206 MMK
10 December 2023	1 COP = 0.5258 MMK
11 December 2023	1 COP = 0.5276 MMK
12 December 2023	1 COP = 0.5248 MMK
13 December 2023	1 COP = 0.5216 MMK
14 December 2023	1 COP = 0.5241 MMK
15 December 2023	1 COP = 0.5244 MMK
16 December 2023	1 COP = 0.5310 MMK
17 December 2023	1 COP = 0.5310 MMK
18 December 2023	1 COP = 0.5299 MMK
19 December 2023	1 COP = 0.5288 MMK
20 December 2023	1 COP = 0.5273 MMK
21 December 2023	1 COP = 0.5279 MMK
22 December 2023	1 COP = 0.5272 MMK
23 December 2023	1 COP = 0.5359 MMK
24 December 2023	1 COP = 0.5359 MMK
25 December 2023	1 COP = 0.5333 MMK
26 December 2023	1 COP = 0.5270 MMK
27 December 2023	1 COP = 0.5401 MMK
28 December 2023	1 COP = 0.5427 MMK
29 December 2023	1 COP = 0.5389 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.

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

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.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high 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.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

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.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.

Historic Colombian Peso Burmese kyat