Historic Kuwaiti Dinar Burmese kyat

Kuwaiti Dinar burmese kyat history for February 2024. The highest quote for this month is 6834.43 (05/02/2024) and the lowest 6815.36 (03/02/2024). The difference between high and low is 0.28.

KWD MMK average rate for February 2024 is 6777.02407, the change between 01/02/2024 and 29/02/2024 is +0.08 %.

01 February 20241 KWD = 6761.73 MMK
02 February 20241 KWD = 6771.63 MMK
03 February 20241 KWD = 6815.36 MMK
04 February 20241 KWD = 6815.36 MMK
05 February 20241 KWD = 6834.48 MMK
06 February 20241 KWD = 6774.35 MMK
07 February 20241 KWD = 6771.16 MMK
08 February 20241 KWD = 6766.27 MMK
09 February 20241 KWD = 6766.92 MMK
12 February 20241 KWD = 6758.29 MMK
13 February 20241 KWD = 6764.14 MMK
14 February 20241 KWD = 6758.99 MMK
15 February 20241 KWD = 6757.13 MMK
16 February 20241 KWD = 6760.81 MMK
17 February 20241 KWD = 6797.66 MMK
18 February 20241 KWD = 6797.66 MMK
19 February 20241 KWD = 6763.92 MMK
20 February 20241 KWD = 6762.44 MMK
21 February 20241 KWD = 6768.53 MMK
22 February 20241 KWD = 6768.80 MMK
23 February 20241 KWD = 6770.82 MMK
24 February 20241 KWD = 6808.72 MMK
25 February 20241 KWD = 6808.72 MMK
26 February 20241 KWD = 6763.07 MMK
27 February 20241 KWD = 6767.95 MMK
28 February 20241 KWD = 6768.09 MMK
29 February 20241 KWD = 6756.65 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.
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