Historic Burmese kyat Algerian dinar

Burmese kyat algerian dinar history since 15/05/2024 until today (0 years). Search for MMK to DZD exchange rate history for a particular date, month or year.

is the currency (supplied by Central Bank of Myanmar and the currency supplied by Bank of Algeria. The MMK DZD historical data can be seen on the Burmese kyat algerian dinar historical chart.

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.

20/12/2017: Devaluation of Algerian Dinar

The Algerian dinar was devalued again, as it faced economic challenges and low oil prices.

23/04/2015: Foreign Exchange Market Liberalization

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

29/06/2014: 50th Anniversary of Algerian Dinar

Algeria celebrated the 50th anniversary of the introduction of the Algerian dinar as its national currency.

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.

21/12/1999: Introduction of Euro-Dinar Exchange Rate

The euro-dinar exchange rate was introduced, replacing the French franc as the peg currency for the Algerian dinar.

17/09/1994: Introduction of New Dinar

A new series of banknotes was introduced in Algeria, with the intent of stabilizing the currency and reducing inflation.

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.

10/11/1973: Devaluation of Algerian Dinar

The Algerian dinar was devalued by 30%, as a result of the global oil crisis and economic challenges faced by Algeria.

07/05/1971: Algerian Dinar Pegged to French Franc

The Algerian dinar was pegged to the French franc at a rate of 1 dinar to 1.20 francs, establishing a fixed exchange rate.

01/12/1964: Kyat Revalued

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

01/10/1964: Introduction of Algerian Dinar

The Algerian dinar was introduced as the official currency of Algeria, replacing the French franc at a rate of 1 dinar to 100 francs.

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.