Historic Burmese kyat Cambodian Riel

Burmese kyat cambodian riel history for November 2023. The highest quote for this month is 1.9815 (06/11/2023) and the lowest 1.9631 (18/11/2023). The difference between high and low is 0.93.

MMK KHR average rate for November 2023 is 1.96346, the change between 01/11/2023 and 30/11/2023 is +0.48 %.

01 November 20231 MMK = 1.984 KHR
02 November 20231 MMK = 1.984 KHR
03 November 20231 MMK = 1.941 KHR
06 November 20231 MMK = 1.940 KHR
07 November 20231 MMK = 1.980 KHR
08 November 20231 MMK = 1.983 KHR
09 November 20231 MMK = 1.975 KHR
10 November 20231 MMK = 1.974 KHR
12 November 20231 MMK = 1.962 KHR
13 November 20231 MMK = 1.938 KHR
14 November 20231 MMK = 1.973 KHR
15 November 20231 MMK = 1.974 KHR
16 November 20231 MMK = 1.974 KHR
17 November 20231 MMK = 1.973 KHR
18 November 20231 MMK = 1.963 KHR
19 November 20231 MMK = 1.963 KHR
20 November 20231 MMK = 1.937 KHR
21 November 20231 MMK = 1.973 KHR
22 November 20231 MMK = 1.974 KHR
23 November 20231 MMK = 1.934 KHR
24 November 20231 MMK = 1.934 KHR
26 November 20231 MMK = 1.960 KHR
27 November 20231 MMK = 1.934 KHR
28 November 20231 MMK = 1.974 KHR
29 November 20231 MMK = 1.975 KHR
30 November 20231 MMK = 1.975 KHR

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.

22/04/2020: COVID-19 Impact

The COVID-19 pandemic caused disruptions in the Cambodian economy, leading to a decline in the value of the Riel.

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.

04/01/2001: Riel Redenomination

The Cambodian government redenominated the Riel by removing four zeros, making it easier for transactions.

20/03/1995: Dollarization

Cambodia officially adopted a dual currency system, allowing the use of both Riel and the United States Dollar.

20/03/1994: Currency Stabilization

Cambodia implemented a new currency stabilization plan to control hyperinflation and stabilize the Riel.

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.

07/01/1979: Liberation of Cambodia

Vietnamese forces liberated Cambodia from the Khmer Rouge, leading to the reestablishment of the Riel.

17/04/1975: Khmer Rouge Regime

The Khmer Rouge regime took control of Cambodia, resulting in the abolition of currency and economic collapse.

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.

11/07/1951: Introduction of the Riel

The Riel was established as the official currency of Cambodia, replacing the French Indochinese Piastre.
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