Historic Burmese kyat Ethiopian birr

Burmese kyat ethiopian birr history for January 2024. The highest quote for this month is 0.027101 (30/01/2024) and the lowest 0.027093 (24/01/2024). The difference between high and low is 0.03.

MMK ETB average rate for January 2024 is 0.02699, the change between 01/01/2024 and 31/01/2024 is -0.05 %.

01 January 20241 MMK = 0.0270 ETB
02 January 20241 MMK = 0.0270 ETB
03 January 20241 MMK = 0.0269 ETB
04 January 20241 MMK = 0.0269 ETB
05 January 20241 MMK = 0.0268 ETB
08 January 20241 MMK = 0.0268 ETB
09 January 20241 MMK = 0.0269 ETB
10 January 20241 MMK = 0.0271 ETB
11 January 20241 MMK = 0.0271 ETB
12 January 20241 MMK = 0.0271 ETB
15 January 20241 MMK = 0.0271 ETB
16 January 20241 MMK = 0.0271 ETB
17 January 20241 MMK = 0.0271 ETB
18 January 20241 MMK = 0.0270 ETB
19 January 20241 MMK = 0.0270 ETB
22 January 20241 MMK = 0.0271 ETB
23 January 20241 MMK = 0.0269 ETB
24 January 20241 MMK = 0.0270 ETB
25 January 20241 MMK = 0.0270 ETB
26 January 20241 MMK = 0.0270 ETB
29 January 20241 MMK = 0.0271 ETB
30 January 20241 MMK = 0.0270 ETB
31 January 20241 MMK = 0.0270 ETB

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.

10/09/2008: Introduction of Birr Denominations

Ethiopia introduced new banknotes of different denominations in an effort to combat counterfeiting and improve security features.

27/05/1991: Introduction of Birr Coins

Ethiopia introduced coins for the birr denominations, replacing the previous notes.

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.

17/09/1976: Introduction of New Birr

A new birr was introduced, replacing the previous Ethiopian birr and being equal to 100 old birr.

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.

08/07/1945: Decree to Change Birr Decimalization

Ethiopia changed the birr decimalization from talari and ghersh to dollars and cents.

31/12/1931: Introduction of Ethiopian birr

The Ethiopian birr was introduced as the official currency, replacing the Maria Theresa Thaler.

05/07/1931: Ethiopian Monetary Authority Established

The Ethiopian Monetary Authority was established to regulate the country's monetary system and issue currency.

14/02/1894: Introduction of Maria Theresa Thaler

Ethiopia adopted the Maria Theresa Thaler as the official currency, which remained in circulation until 1935.
MMK ETB August 2023
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MMK ETB January 2024
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