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

Kuwaiti Dinar burmese kyat history for September 2023. The highest quote for this month is 6795.35 (04/09/2023) and the lowest 6784.77 (07/09/2023). The difference between high and low is 0.16.

KWD MMK average rate for September 2023 is 6749.79292, the change between 01/09/2023 and 30/09/2023 is -0.26 %.

01 September 2023	1 KWD = 6757.64 MMK
04 September 2023	1 KWD = 6791.45 MMK
05 September 2023	1 KWD = 6760.66 MMK
06 September 2023	1 KWD = 6762.30 MMK
07 September 2023	1 KWD = 6745.59 MMK
08 September 2023	1 KWD = 6749.52 MMK
11 September 2023	1 KWD = 6743.00 MMK
12 September 2023	1 KWD = 6740.41 MMK
13 September 2023	1 KWD = 6749.97 MMK
14 September 2023	1 KWD = 6742.68 MMK
15 September 2023	1 KWD = 6741.07 MMK
18 September 2023	1 KWD = 6728.84 MMK
19 September 2023	1 KWD = 6741.84 MMK
20 September 2023	1 KWD = 6746.13 MMK
21 September 2023	1 KWD = 6746.55 MMK
22 September 2023	1 KWD = 6747.90 MMK
23 September 2023	1 KWD = 6779.79 MMK
24 September 2023	1 KWD = 6779.79 MMK
25 September 2023	1 KWD = 6716.44 MMK
26 September 2023	1 KWD = 6735.24 MMK
27 September 2023	1 KWD = 6734.96 MMK
28 September 2023	1 KWD = 6739.94 MMK
29 September 2023	1 KWD = 6737.92 MMK
30 September 2023	1 KWD = 6775.40 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