Historic Colombian Peso Burmese kyat

Colombian Peso burmese kyat history for November 2023. The highest quote for this month is 0.52278 (29/11/2023) and the lowest 0.52627 (28/11/2023). The difference between high and low is -0.67.

COP MMK average rate for November 2023 is 0.5159, the change between 01/11/2023 and 30/11/2023 is -3.13 %.

01 November 20231 COP = 0.5055 MMK
02 November 20231 COP = 0.5068 MMK
03 November 20231 COP = 0.5130 MMK
06 November 20231 COP = 0.5231 MMK
07 November 20231 COP = 0.5229 MMK
08 November 20231 COP = 0.5181 MMK
09 November 20231 COP = 0.5089 MMK
10 November 20231 COP = 0.5131 MMK
12 November 20231 COP = 0.5203 MMK
13 November 20231 COP = 0.5203 MMK
14 November 20231 COP = 0.5173 MMK
15 November 20231 COP = 0.5249 MMK
16 November 20231 COP = 0.5166 MMK
17 November 20231 COP = 0.5093 MMK
18 November 20231 COP = 0.5148 MMK
19 November 20231 COP = 0.5148 MMK
20 November 20231 COP = 0.5147 MMK
21 November 20231 COP = 0.5138 MMK
22 November 20231 COP = 0.5106 MMK
23 November 20231 COP = 0.5112 MMK
24 November 20231 COP = 0.5120 MMK
26 November 20231 COP = 0.5187 MMK
27 November 20231 COP = 0.5171 MMK
28 November 20231 COP = 0.5189 MMK
29 November 20231 COP = 0.5257 MMK
30 November 20231 COP = 0.5213 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.