Historic Burmese kyat Chilean Peso

Burmese kyat chilean peso history for December 2023. The highest quote for this month is 0.43264 (26/12/2023) and the lowest 0.42535 (28/12/2023). The difference between high and low is 1.69.

MMK CLP average rate for December 2023 is 0.41802, the change between 01/12/2023 and 31/12/2023 is -1.13 %.

01 December 20231 MMK = 0.4184 CLP
02 December 20231 MMK = 0.4073 CLP
03 December 20231 MMK = 0.4073 CLP
04 December 20231 MMK = 0.4112 CLP
05 December 20231 MMK = 0.4169 CLP
06 December 20231 MMK = 0.4224 CLP
07 December 20231 MMK = 0.4180 CLP
08 December 20231 MMK = 0.4191 CLP
10 December 20231 MMK = 0.4140 CLP
11 December 20231 MMK = 0.4128 CLP
12 December 20231 MMK = 0.4239 CLP
13 December 20231 MMK = 0.4216 CLP
14 December 20231 MMK = 0.4206 CLP
15 December 20231 MMK = 0.4161 CLP
16 December 20231 MMK = 0.4139 CLP
17 December 20231 MMK = 0.4139 CLP
18 December 20231 MMK = 0.4101 CLP
19 December 20231 MMK = 0.4201 CLP
20 December 20231 MMK = 0.4150 CLP
21 December 20231 MMK = 0.4183 CLP
22 December 20231 MMK = 0.4225 CLP
24 December 20231 MMK = 0.4241 CLP
25 December 20231 MMK = 0.4147 CLP
26 December 20231 MMK = 0.4285 CLP
27 December 20231 MMK = 0.4282 CLP
28 December 20231 MMK = 0.4248 CLP
29 December 20231 MMK = 0.4231 CLP

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.

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.

29/09/1977: Decimals Introduced

Chile replaced the escudo with the decimal centavo as the subunit of the peso, simplifying its monetary system.

29/09/1975: Floating Exchange Rate

Chile moved from a fixed to a floating exchange rate system, allowing the peso to be determined by market forces.

01/12/1964: Kyat Revalued

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

02/01/1958: Introduction of Escudo as Subunit

The subunit of 1/100 peso, called the escudo, was introduced to facilitate smaller transactions in Chile.

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.

31/12/1925: Creation of the Central Bank of Chile

The Central Bank of Chile was established, gaining authority over the country's currency issuance and monetary policy.

25/06/1895: Gold Standard Adoption

Chile adopted the gold standard, tying the value of the Chilean Peso to the price of gold and stabilizing its currency.

15/06/1851: First Peso Coinage

The first official peso coins were introduced by the Chilean government, replacing the Spanish colonial currency.

12/02/1817: Chilean Independence

Chile gained independence from Spain, leading to the establishment of the Chilean Peso as its official currency.