Burmese kyat ghana cedi exchange rate history (MMK GHS) August 2023

Burmese kyat ghana cedi history for August 2023. The highest quote for this month is 0.005485 (30/08/2023) and the lowest 0.005485 (31/08/2023). The difference between high and low is 0.

MMK GHS average rate for August 2023 is 0.00538, the change between 01/08/2023 and 31/08/2023 is -2.39 %.

01 August 2023	1 MMK = 0.0054 GHS
02 August 2023	1 MMK = 0.0053 GHS
03 August 2023	1 MMK = 0.0054 GHS
04 August 2023	1 MMK = 0.0053 GHS
07 August 2023	1 MMK = 0.0054 GHS
08 August 2023	1 MMK = 0.0054 GHS
09 August 2023	1 MMK = 0.0054 GHS
10 August 2023	1 MMK = 0.0054 GHS
11 August 2023	1 MMK = 0.0054 GHS
12 August 2023	1 MMK = 0.0053 GHS
14 August 2023	1 MMK = 0.0054 GHS
15 August 2023	1 MMK = 0.0053 GHS
16 August 2023	1 MMK = 0.0053 GHS
17 August 2023	1 MMK = 0.0054 GHS
18 August 2023	1 MMK = 0.0054 GHS
19 August 2023	1 MMK = 0.0054 GHS
20 August 2023	1 MMK = 0.0054 GHS
21 August 2023	1 MMK = 0.0054 GHS
22 August 2023	1 MMK = 0.0054 GHS
23 August 2023	1 MMK = 0.0054 GHS
24 August 2023	1 MMK = 0.0054 GHS
25 August 2023	1 MMK = 0.0054 GHS
28 August 2023	1 MMK = 0.0054 GHS
29 August 2023	1 MMK = 0.0055 GHS
30 August 2023	1 MMK = 0.0055 GHS
31 August 2023	1 MMK = 0.0055 GHS

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.

16/09/2019: Ghana Goes Cashless

The government launched the Ghana.Gov payment platform, aimed at promoting electronic payments and reducing cash transactions.

23/04/2015: Foreign Exchange Market Liberalization

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

05/07/2012: GHS Symbol Change

The Bank of Ghana introduced a new currency symbol for the cedi, changing it from GHȼ to GHS.

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.

03/07/2007: Decimals Dropped

The Bank of Ghana dropped four decimal places, making 1 new Ghanaian cedi = 1 GHȼ.

01/07/2002: Replacement of New Cedi

The new Ghanaian cedi, denoted as GHC, replaced the second cedi at a rate of 1 cedi = 10,000 cedis.

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.

17/07/1978: Second Cedi Introduced

Due to high inflation, the second Ghanaian cedi was introduced with a new currency code, GHS.

19/07/1965: Cedi Introduced

The Ghanaian pound was replaced by the Ghanaian cedi at a rate of 1 pound = 2.4 cedis, symbolizing economic independence.

01/12/1964: Kyat Revalued

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

06/03/1957: Ghana's Independence

Ghana gained independence from British colonial rule, leading to the introduction of the Ghanaian pound as its currency.

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.

Historic Burmese kyat Ghana Cedi