Historic Ghana Cedi Burmese kyat

Ghana Cedi burmese kyat history for December 2023. The highest quote for this month is 175.05 (02/12/2023) and the lowest 178.69 (27/12/2023). The difference between high and low is -2.08.

GHS MMK average rate for December 2023 is 173.99964, the change between 01/12/2023 and 31/12/2023 is -0.77 %.

01 December 20231 GHS = 173.6 MMK
02 December 20231 GHS = 175.1 MMK
03 December 20231 GHS = 175.1 MMK
04 December 20231 GHS = 173.5 MMK
05 December 20231 GHS = 174.0 MMK
06 December 20231 GHS = 174.0 MMK
07 December 20231 GHS = 174.1 MMK
08 December 20231 GHS = 174.2 MMK
10 December 20231 GHS = 174.9 MMK
11 December 20231 GHS = 173.2 MMK
12 December 20231 GHS = 173.7 MMK
13 December 20231 GHS = 173.2 MMK
14 December 20231 GHS = 173.0 MMK
15 December 20231 GHS = 173.4 MMK
16 December 20231 GHS = 174.9 MMK
17 December 20231 GHS = 174.9 MMK
18 December 20231 GHS = 173.0 MMK
19 December 20231 GHS = 173.6 MMK
20 December 20231 GHS = 173.6 MMK
21 December 20231 GHS = 173.6 MMK
22 December 20231 GHS = 173.7 MMK
23 December 20231 GHS = 174.8 MMK
24 December 20231 GHS = 174.9 MMK
25 December 20231 GHS = 173.7 MMK
26 December 20231 GHS = 173.6 MMK
27 December 20231 GHS = 174.1 MMK
28 December 20231 GHS = 173.8 MMK
29 December 20231 GHS = 175.0 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.

16/09/2019: Ghana Goes Cashless

The government launched the Ghana.Gov payment platform, aimed at promoting electronic payments and reducing cash transactions.

23/04/2015: Foreign Exchange Market Liberalization

Restrictions on foreign exchange were lifted, allowing a more liberalized foreign exchange market in Myanmar.

05/07/2012: GHS Symbol Change

The Bank of Ghana introduced a new currency symbol for the cedi, changing it from GHȼ to GHS.

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.

03/07/2007: Decimals Dropped

The Bank of Ghana dropped four decimal places, making 1 new Ghanaian cedi = 1 GHȼ.

01/07/2002: Replacement of New Cedi

The new Ghanaian cedi, denoted as GHC, replaced the second cedi at a rate of 1 cedi = 10,000 cedis.

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.

17/07/1978: Second Cedi Introduced

Due to high inflation, the second Ghanaian cedi was introduced with a new currency code, GHS.

19/07/1965: Cedi Introduced

The Ghanaian pound was replaced by the Ghanaian cedi at a rate of 1 pound = 2.4 cedis, symbolizing economic independence.

01/12/1964: Kyat Revalued

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

06/03/1957: Ghana's Independence

Ghana gained independence from British colonial rule, leading to the introduction of the Ghanaian pound as its currency.

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.
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