Kuwaiti Dinar burmese kyat exchange rate history (KWD MMK) December 2023

Kuwaiti Dinar burmese kyat history for December 2023. The highest quote for this month is 6812.86 (18/12/2023) and the lowest 6817.32 (24/12/2023). The difference between high and low is -0.07.

KWD MMK average rate for December 2023 is 6777.64778, the change between 01/12/2023 and 31/12/2023 is -1.01 %.

01 December 2023	1 KWD = 6746.26 MMK
02 December 2023	1 KWD = 6781.55 MMK
04 December 2023	1 KWD = 6752.26 MMK
05 December 2023	1 KWD = 6746.15 MMK
06 December 2023	1 KWD = 6743.63 MMK
07 December 2023	1 KWD = 6758.48 MMK
08 December 2023	1 KWD = 6762.22 MMK
10 December 2023	1 KWD = 6790.79 MMK
11 December 2023	1 KWD = 6766.37 MMK
12 December 2023	1 KWD = 6757.34 MMK
13 December 2023	1 KWD = 6756.92 MMK
14 December 2023	1 KWD = 6762.87 MMK
15 December 2023	1 KWD = 6771.54 MMK
16 December 2023	1 KWD = 6810.67 MMK
17 December 2023	1 KWD = 6810.67 MMK
18 December 2023	1 KWD = 6809.30 MMK
19 December 2023	1 KWD = 6772.15 MMK
20 December 2023	1 KWD = 6768.13 MMK
21 December 2023	1 KWD = 6772.93 MMK
22 December 2023	1 KWD = 6779.17 MMK
23 December 2023	1 KWD = 6806.24 MMK
24 December 2023	1 KWD = 6815.10 MMK
25 December 2023	1 KWD = 6788.76 MMK
26 December 2023	1 KWD = 6788.76 MMK
27 December 2023	1 KWD = 6780.72 MMK
28 December 2023	1 KWD = 6783.12 MMK
29 December 2023	1 KWD = 6814.39 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.

Historic Kuwaiti Dinar Burmese kyat