Burmese kyat colombian peso exchange rate history (MMK COP) December 2023

Burmese kyat colombian peso history for December 2023. The highest quote for this month is 1.9324 (05/12/2023) and the lowest 1.9305 (05/12/2023). The difference between high and low is 0.1.

MMK COP average rate for December 2023 is 1.89458, the change between 01/12/2023 and 31/12/2023 is +3.86 %.

01 December 2023	1 MMK = 1.930 COP
02 December 2023	1 MMK = 1.893 COP
03 December 2023	1 MMK = 1.893 COP
04 December 2023	1 MMK = 1.909 COP
05 December 2023	1 MMK = 1.931 COP
06 December 2023	1 MMK = 1.929 COP
07 December 2023	1 MMK = 1.921 COP
08 December 2023	1 MMK = 1.921 COP
10 December 2023	1 MMK = 1.902 COP
11 December 2023	1 MMK = 1.895 COP
12 December 2023	1 MMK = 1.906 COP
13 December 2023	1 MMK = 1.917 COP
14 December 2023	1 MMK = 1.908 COP
15 December 2023	1 MMK = 1.907 COP
16 December 2023	1 MMK = 1.883 COP
17 December 2023	1 MMK = 1.883 COP
18 December 2023	1 MMK = 1.887 COP
19 December 2023	1 MMK = 1.891 COP
20 December 2023	1 MMK = 1.897 COP
21 December 2023	1 MMK = 1.894 COP
22 December 2023	1 MMK = 1.897 COP
23 December 2023	1 MMK = 1.866 COP
24 December 2023	1 MMK = 1.866 COP
25 December 2023	1 MMK = 1.875 COP
26 December 2023	1 MMK = 1.897 COP
27 December 2023	1 MMK = 1.852 COP
28 December 2023	1 MMK = 1.843 COP
29 December 2023	1 MMK = 1.856 COP

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.

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

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.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high 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.

01/12/1964: Kyat Revalued

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

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

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.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.

Historic Burmese kyat Colombian Peso