Historic Kuwaiti Dinar Burmese kyat

Kuwaiti Dinar burmese kyat history for August 2023. The highest quote for this month is 6806.24 (12/08/2023) and the lowest 6806.24 (12/08/2023). The difference between high and low is 0.

KWD MMK average rate for August 2023 is 6769.61038, the change between 01/08/2023 and 31/08/2023 is +0.29 %.

01 August 20231 KWD = 6787.71 MMK
02 August 20231 KWD = 6777.46 MMK
03 August 20231 KWD = 6777.35 MMK
04 August 20231 KWD = 6769.77 MMK
07 August 20231 KWD = 6730.76 MMK
08 August 20231 KWD = 6771.49 MMK
09 August 20231 KWD = 6768.87 MMK
10 August 20231 KWD = 6771.68 MMK
11 August 20231 KWD = 6772.05 MMK
12 August 20231 KWD = 6806.24 MMK
14 August 20231 KWD = 6797.99 MMK
15 August 20231 KWD = 6774.26 MMK
16 August 20231 KWD = 6771.89 MMK
17 August 20231 KWD = 6768.81 MMK
18 August 20231 KWD = 6767.93 MMK
19 August 20231 KWD = 6799.61 MMK
20 August 20231 KWD = 6799.61 MMK
21 August 20231 KWD = 6745.84 MMK
22 August 20231 KWD = 6755.25 MMK
23 August 20231 KWD = 6757.94 MMK
24 August 20231 KWD = 6757.84 MMK
25 August 20231 KWD = 6750.35 MMK
28 August 20231 KWD = 6753.41 MMK
29 August 20231 KWD = 6754.22 MMK
30 August 20231 KWD = 6753.60 MMK
31 August 20231 KWD = 6767.94 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.

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.

20/05/2007: Kuwaiti Dinar Redenominated

The Kuwaiti Dinar underwent a redenomination, with the introduction of new banknotes and removal of three zeros from the currency.

20/03/2003: US Invasion of Iraq

The United States and its allies invaded Iraq, leading to a period of uncertainty and affecting the value of the Kuwaiti Dinar.

25/03/1991: Kuwait Liberated

Coalition forces led by the United States liberated Kuwait from Iraqi occupation, restoring stability to the country and its currency.

02/08/1990: Iraqi Invasion of Kuwait

Iraqi forces invaded Kuwait, leading to the Gulf War and causing a significant decline in the value of the Kuwaiti Dinar.

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.

16/09/1980: Iraq-Iran War Begins

The Iraq-Iran War started, leading to economic instability in the region and affecting the value of the Kuwaiti Dinar.

20/10/1975: Kuwait Dinar Pegged to Special Drawing Rights (SDR)

Kuwait pegged its currency to a basket of international currencies known as Special Drawing Rights (SDR) instead of the US Dollar.

01/12/1964: Kyat Revalued

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

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.

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.
KWD MMK August 2023
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