Historic Euro Burmese kyat

Euro burmese kyat history for August 2023. The highest quote for this month is 2288.48 (01/08/2023) and the lowest 2300.19 (10/08/2023). The difference between high and low is -0.51.

EUR MMK average rate for August 2023 is 2269.86522, the change between 01/08/2023 and 31/08/2023 is +0.6 %.

01 August 20231 EUR = 2288.94 MMK
02 August 20231 EUR = 2290.54 MMK
03 August 20231 EUR = 2279.54 MMK
04 August 20231 EUR = 2276.61 MMK
07 August 20231 EUR = 2273.75 MMK
08 August 20231 EUR = 2287.24 MMK
09 August 20231 EUR = 2278.79 MMK
10 August 20231 EUR = 2283.49 MMK
11 August 20231 EUR = 2284.22 MMK
14 August 20231 EUR = 2284.97 MMK
15 August 20231 EUR = 2270.40 MMK
16 August 20231 EUR = 2268.20 MMK
17 August 20231 EUR = 2262.26 MMK
18 August 20231 EUR = 2262.21 MMK
21 August 20231 EUR = 2255.90 MMK
22 August 20231 EUR = 2265.10 MMK
23 August 20231 EUR = 2255.92 MMK
24 August 20231 EUR = 2259.49 MMK
25 August 20231 EUR = 2245.84 MMK
28 August 20231 EUR = 2246.78 MMK
29 August 20231 EUR = 2251.60 MMK
30 August 20231 EUR = 2259.89 MMK
31 August 20231 EUR = 2275.22 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.

13/07/2015: Greek debt bailout agreement

A third bailout deal was reached between Greece and its creditors, avoiding a potential Greek exit from the Eurozone.

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.

02/05/2010: Greek debt crisis

Greece's financial crisis threatened the stability of the Eurozone, requiring massive bailout packages to prevent a default.

15/10/2008: Global financial crisis

The Euro faced significant economic challenges following the collapse of Lehman Brothers, leading to a recession in many Eurozone countries.

01/05/2004: Eurozone expansion

10 more countries joined the Eurozone, bringing the total number of participating countries to 24.

01/01/2002: Euro banknotes and coins

Physical banknotes and coins in Euro were introduced, replacing national currencies in 12 European countries.

01/01/1999: Introduction of the Euro

The Euro was officially introduced as an electronic currency for banking and financial transactions.

07/02/1992: The Maastricht Treaty

The treaty was signed, which officially established the European Union and laid the groundwork for the creation of the Euro.

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.

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.