Burmese kyat maldivian rufiyaa exchange rate history (MMK MVR) November 2023

Burmese kyat maldivian rufiyaa history for November 2023. The highest quote for this month is 0.007416 (20/11/2023) and the lowest 0.00741 (06/11/2023). The difference between high and low is 0.08.

MMK MVR average rate for November 2023 is 0.00734, the change between 01/11/2023 and 30/11/2023 is -0.11 %.

01 November 2023	1 MMK = 0.0073 MVR
02 November 2023	1 MMK = 0.0073 MVR
03 November 2023	1 MMK = 0.0073 MVR
06 November 2023	1 MMK = 0.0074 MVR
07 November 2023	1 MMK = 0.0073 MVR
08 November 2023	1 MMK = 0.0073 MVR
09 November 2023	1 MMK = 0.0073 MVR
10 November 2023	1 MMK = 0.0073 MVR
12 November 2023	1 MMK = 0.0074 MVR
13 November 2023	1 MMK = 0.0073 MVR
14 November 2023	1 MMK = 0.0073 MVR
15 November 2023	1 MMK = 0.0073 MVR
16 November 2023	1 MMK = 0.0073 MVR
17 November 2023	1 MMK = 0.0074 MVR
18 November 2023	1 MMK = 0.0074 MVR
19 November 2023	1 MMK = 0.0074 MVR
20 November 2023	1 MMK = 0.0075 MVR
21 November 2023	1 MMK = 0.0074 MVR
22 November 2023	1 MMK = 0.0074 MVR
23 November 2023	1 MMK = 0.0074 MVR
24 November 2023	1 MMK = 0.0073 MVR
26 November 2023	1 MMK = 0.0074 MVR
27 November 2023	1 MMK = 0.0073 MVR
28 November 2023	1 MMK = 0.0073 MVR
29 November 2023	1 MMK = 0.0073 MVR
30 November 2023	1 MMK = 0.0073 MVR

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.

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

23/04/2015: Foreign Exchange Market Liberalization

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

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

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.

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

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.

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the currency.

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.

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese Rupee.

Historic Burmese kyat Maldivian rufiyaa