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

Kuwaiti Dinar burmese kyat history for October 2023. The highest quote for this month is 6779.43 (13/10/2023) and the lowest 6775.4 (01/10/2023). The difference between high and low is 0.06.

KWD MMK average rate for October 2023 is 6737.46692, the change between 01/10/2023 and 31/10/2023 is +0.61 %.

01 October 2023	1 KWD = 6775.40 MMK
02 October 2023	1 KWD = 6751.20 MMK
03 October 2023	1 KWD = 6737.33 MMK
04 October 2023	1 KWD = 6737.49 MMK
05 October 2023	1 KWD = 6725.52 MMK
06 October 2023	1 KWD = 6716.29 MMK
09 October 2023	1 KWD = 6701.49 MMK
10 October 2023	1 KWD = 6737.20 MMK
11 October 2023	1 KWD = 6740.65 MMK
12 October 2023	1 KWD = 6738.17 MMK
13 October 2023	1 KWD = 6732.95 MMK
16 October 2023	1 KWD = 6731.58 MMK
17 October 2023	1 KWD = 6734.94 MMK
18 October 2023	1 KWD = 6722.91 MMK
19 October 2023	1 KWD = 6733.72 MMK
20 October 2023	1 KWD = 6733.03 MMK
21 October 2023	1 KWD = 6771.02 MMK
22 October 2023	1 KWD = 6771.02 MMK
23 October 2023	1 KWD = 6723.38 MMK
24 October 2023	1 KWD = 6725.09 MMK
25 October 2023	1 KWD = 6738.39 MMK
26 October 2023	1 KWD = 6734.53 MMK
27 October 2023	1 KWD = 6735.13 MMK
29 October 2023	1 KWD = 6771.02 MMK
30 October 2023	1 KWD = 6720.59 MMK
31 October 2023	1 KWD = 6734.10 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