Burmese kyat kazakhstani tenge exchange rate history (MMK KZT) November 2023

Burmese kyat kazakhstani tenge history for November 2023. The highest quote for this month is 0.22473 (01/11/2023) and the lowest 0.22473 (01/11/2023). The difference between high and low is 0.

MMK KZT average rate for November 2023 is 0.22157, the change between 01/11/2023 and 30/11/2023 is +2.1 %.

01 November 2023	1 MMK = 0.2242 KZT
02 November 2023	1 MMK = 0.2247 KZT
03 November 2023	1 MMK = 0.2232 KZT
06 November 2023	1 MMK = 0.2223 KZT
07 November 2023	1 MMK = 0.2217 KZT
08 November 2023	1 MMK = 0.2226 KZT
09 November 2023	1 MMK = 0.2240 KZT
10 November 2023	1 MMK = 0.2241 KZT
12 November 2023	1 MMK = 0.2231 KZT
13 November 2023	1 MMK = 0.2234 KZT
14 November 2023	1 MMK = 0.2225 KZT
15 November 2023	1 MMK = 0.2217 KZT
16 November 2023	1 MMK = 0.2214 KZT
17 November 2023	1 MMK = 0.2207 KZT
18 November 2023	1 MMK = 0.2203 KZT
19 November 2023	1 MMK = 0.2203 KZT
20 November 2023	1 MMK = 0.2218 KZT
21 November 2023	1 MMK = 0.2212 KZT
22 November 2023	1 MMK = 0.2193 KZT
23 November 2023	1 MMK = 0.2187 KZT
24 November 2023	1 MMK = 0.2206 KZT
26 November 2023	1 MMK = 0.2193 KZT
27 November 2023	1 MMK = 0.2206 KZT
28 November 2023	1 MMK = 0.2196 KZT
29 November 2023	1 MMK = 0.2200 KZT
30 November 2023	1 MMK = 0.2195 KZT

13/12/2021: Introduction of New Banknotes and Coins

New banknotes and coins were introduced, featuring updated designs, improved security features, and denominations. This aims to enhance the efficiency of cash transactions.

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.

03/04/2017: Transition to Free Float

After gradually reducing interventions, Kazakhstan fully transitioned to a free float exchange rate for the tenge, allowing the market to determine its value.

20/08/2015: Tenge Devaluation

Kazakhstan devalued the tenge by around 30% due to falling oil prices and economic instability. This move aimed to boost exports and protect 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.

19/04/2004: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs were introduced to combat counterfeiting and modernize the currency.

04/10/1999: Floating Exchange Rate

Kazakhstan switched to a floating exchange rate regime, allowing the tenge to fluctuate freely based on market supply and demand.

15/02/1994: Denomination of Tenge

The tenge underwent a 10,000-fold denomination, where 1 new tenge was equal to 10,000 old tenge. This was done to simplify currency handling and eliminate excessive zeros.

15/11/1993: Introduction of Kazakhstani Tenge

The Kazakhstani tenge was introduced as the new currency of Kazakhstan, replacing the Soviet ruble. The exchange rate was set at 1 tenge = 500 rubles.

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.

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 Kazakhstani tenge