Historic Kuwaiti Dinar Burmese kyat

Kuwaiti Dinar burmese kyat history for November 2023. The highest quote for this month is 6792.99 (26/11/2023) and the lowest 6792.99 (26/11/2023). The difference between high and low is 0.

KWD MMK average rate for November 2023 is 6747.76958, the change between 01/11/2023 and 30/11/2023 is -0.29 %.

01 November 20231 KWD = 6734.36 MMK
02 November 20231 KWD = 6734.52 MMK
03 November 20231 KWD = 6730.37 MMK
06 November 20231 KWD = 6693.67 MMK
07 November 20231 KWD = 6748.38 MMK
08 November 20231 KWD = 6740.77 MMK
09 November 20231 KWD = 6749.22 MMK
10 November 20231 KWD = 6743.49 MMK
12 November 20231 KWD = 6781.99 MMK
13 November 20231 KWD = 6721.88 MMK
14 November 20231 KWD = 6751.55 MMK
15 November 20231 KWD = 6750.45 MMK
16 November 20231 KWD = 6757.54 MMK
17 November 20231 KWD = 6757.48 MMK
20 November 20231 KWD = 6724.07 MMK
21 November 20231 KWD = 6757.31 MMK
22 November 20231 KWD = 6758.27 MMK
23 November 20231 KWD = 6754.70 MMK
24 November 20231 KWD = 6761.97 MMK
26 November 20231 KWD = 6792.99 MMK
27 November 20231 KWD = 6735.87 MMK
28 November 20231 KWD = 6759.05 MMK
29 November 20231 KWD = 6752.84 MMK
30 November 20231 KWD = 6753.73 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.