Burmese kyat malaysian ringgit exchange rate history (MMK MYR) November 2023

Burmese kyat malaysian ringgit history for November 2023. The highest quote for this month is 0.002297 (01/11/2023) and the lowest 0.002294 (02/11/2023). The difference between high and low is 0.13.

MMK MYR average rate for November 2023 is 0.00225, the change between 01/11/2023 and 30/11/2023 is +1.92 %.

01 November 2023	1 MMK = 0.0023 MYR
02 November 2023	1 MMK = 0.0023 MYR
03 November 2023	1 MMK = 0.0023 MYR
06 November 2023	1 MMK = 0.0023 MYR
07 November 2023	1 MMK = 0.0022 MYR
08 November 2023	1 MMK = 0.0022 MYR
09 November 2023	1 MMK = 0.0023 MYR
10 November 2023	1 MMK = 0.0023 MYR
12 November 2023	1 MMK = 0.0022 MYR
13 November 2023	1 MMK = 0.0023 MYR
14 November 2023	1 MMK = 0.0023 MYR
15 November 2023	1 MMK = 0.0023 MYR
16 November 2023	1 MMK = 0.0022 MYR
17 November 2023	1 MMK = 0.0022 MYR
18 November 2023	1 MMK = 0.0022 MYR
19 November 2023	1 MMK = 0.0022 MYR
20 November 2023	1 MMK = 0.0023 MYR
21 November 2023	1 MMK = 0.0022 MYR
22 November 2023	1 MMK = 0.0022 MYR
23 November 2023	1 MMK = 0.0022 MYR
24 November 2023	1 MMK = 0.0022 MYR
26 November 2023	1 MMK = 0.0022 MYR
27 November 2023	1 MMK = 0.0023 MYR
28 November 2023	1 MMK = 0.0023 MYR
29 November 2023	1 MMK = 0.0022 MYR
30 November 2023	1 MMK = 0.0022 MYR

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.

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

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.

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

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.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.

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 Malaysian ringgit