Libyan dinar burmese kyat exchange rate history (LYD MMK) December 2023

Libyan dinar burmese kyat history for December 2023. The highest quote for this month is 439.02 (29/12/2023) and the lowest 439.04 (29/12/2023). The difference between high and low is 0.

LYD MMK average rate for December 2023 is 435.54464, the change between 01/12/2023 and 31/12/2023 is -1.11 %.

01 December 2023	1 LYD = 436.3 MMK
02 December 2023	1 LYD = 437.3 MMK
03 December 2023	1 LYD = 437.3 MMK
04 December 2023	1 LYD = 435.9 MMK
05 December 2023	1 LYD = 434.5 MMK
06 December 2023	1 LYD = 433.2 MMK
07 December 2023	1 LYD = 433.0 MMK
08 December 2023	1 LYD = 431.5 MMK
10 December 2023	1 LYD = 434.1 MMK
11 December 2023	1 LYD = 432.7 MMK
12 December 2023	1 LYD = 433.6 MMK
13 December 2023	1 LYD = 432.9 MMK
14 December 2023	1 LYD = 432.4 MMK
15 December 2023	1 LYD = 435.9 MMK
16 December 2023	1 LYD = 437.1 MMK
17 December 2023	1 LYD = 437.1 MMK
18 December 2023	1 LYD = 435.7 MMK
19 December 2023	1 LYD = 435.9 MMK
20 December 2023	1 LYD = 435.7 MMK
21 December 2023	1 LYD = 435.1 MMK
22 December 2023	1 LYD = 436.0 MMK
23 December 2023	1 LYD = 437.3 MMK
24 December 2023	1 LYD = 437.3 MMK
25 December 2023	1 LYD = 436.0 MMK
26 December 2023	1 LYD = 435.7 MMK
27 December 2023	1 LYD = 437.8 MMK
28 December 2023	1 LYD = 437.0 MMK
29 December 2023	1 LYD = 441.1 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.

06/09/2018: Announcement of new dinar notes

The Central Bank of Libya announces the release of new dinar banknotes with enhanced security features to combat counterfeiting.

23/04/2015: Foreign Exchange Market Liberalization

Restrictions on foreign exchange were lifted, allowing a more liberalized foreign exchange market in Myanmar.

28/07/2014: Recognition of rival governments

The Libyan Supreme Court recognizes two rival governments, further fragmenting the country and impacting the value of the dinar.

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.

17/02/2011: Start of the Libyan Civil War

The Libyan Civil War begins, leading to political instability and further devaluation of the Libyan 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.

07/04/1986: US imposes economic sanctions

The United States imposes economic sanctions on Libya, severely impacting the value and stability of the Libyan dinar.

02/03/1978: Establishment of the Central Bank of Libya

The Central Bank of Libya is established, becoming the sole authority responsible for issuing and managing the Libyan dinar.

08/09/1971: Introduction of the Libyan dinar

The Libyan pound is replaced by the Libyan dinar, at a rate of 1 dinar = 1 pound.

01/12/1964: Kyat Revalued

The Burmese kyat underwent a major revaluation, with 1 new kyat replacing 100 old kyats to combat inflation.

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.

24/12/1951: Independence of Libya

Libya gains independence from Italy, introducing the Libyan pound as its currency.

Historic Libyan dinar Burmese kyat