Historic Colombian Peso Burmese kyat

Colombian Peso burmese kyat history for January 2024. The highest quote for this month is 0.53872 (07/01/2024) and the lowest 0.54329 (01/01/2024). The difference between high and low is -0.85.

COP MMK average rate for January 2024 is 0.53288, the change between 01/01/2024 and 31/01/2024 is +2.34 %.

01 January 20241 COP = 0.5433 MMK
02 January 20241 COP = 0.5372 MMK
03 January 20241 COP = 0.5352 MMK
04 January 20241 COP = 0.5333 MMK
05 January 20241 COP = 0.5296 MMK
06 January 20241 COP = 0.5387 MMK
07 January 20241 COP = 0.5387 MMK
08 January 20241 COP = 0.5353 MMK
09 January 20241 COP = 0.5354 MMK
10 January 20241 COP = 0.5279 MMK
11 January 20241 COP = 0.5286 MMK
12 January 20241 COP = 0.5311 MMK
14 January 20241 COP = 0.5347 MMK
15 January 20241 COP = 0.5370 MMK
16 January 20241 COP = 0.5315 MMK
17 January 20241 COP = 0.5275 MMK
18 January 20241 COP = 0.5256 MMK
19 January 20241 COP = 0.5306 MMK
22 January 20241 COP = 0.5370 MMK
23 January 20241 COP = 0.5330 MMK
24 January 20241 COP = 0.5255 MMK
25 January 20241 COP = 0.5313 MMK
26 January 20241 COP = 0.5284 MMK
28 January 20241 COP = 0.5366 MMK
29 January 20241 COP = 0.5347 MMK
30 January 20241 COP = 0.5294 MMK
31 January 20241 COP = 0.5306 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.
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