Historic Israeli Sheqel Burmese kyat

Israeli Sheqel burmese kyat history for September 2023. The highest quote for this month is 549.96 (24/09/2023) and the lowest 551.53 (05/09/2023). The difference between high and low is -0.29.

ILS MMK average rate for September 2023 is 545.52375, the change between 01/09/2023 and 30/09/2023 is -0.41 %.

01 September 20231 ILS = 547.6 MMK
04 September 20231 ILS = 550.6 MMK
05 September 20231 ILS = 546.0 MMK
06 September 20231 ILS = 548.1 MMK
07 September 20231 ILS = 543.3 MMK
08 September 20231 ILS = 541.1 MMK
11 September 20231 ILS = 540.5 MMK
12 September 20231 ILS = 545.5 MMK
13 September 20231 ILS = 546.5 MMK
14 September 20231 ILS = 544.1 MMK
15 September 20231 ILS = 544.1 MMK
18 September 20231 ILS = 545.5 MMK
19 September 20231 ILS = 544.5 MMK
20 September 20231 ILS = 546.0 MMK
21 September 20231 ILS = 546.6 MMK
22 September 20231 ILS = 545.6 MMK
23 September 20231 ILS = 550.1 MMK
24 September 20231 ILS = 550.1 MMK
25 September 20231 ILS = 544.4 MMK
26 September 20231 ILS = 545.6 MMK
27 September 20231 ILS = 543.6 MMK
28 September 20231 ILS = 542.2 MMK
29 September 20231 ILS = 541.3 MMK
30 September 20231 ILS = 549.8 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.

23/04/2015: Foreign Exchange Market Liberalization

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

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

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.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the currency.

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.

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

01/12/1964: Kyat Revalued

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

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official 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.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.