Burmese kyat mexican peso exchange rate history (MMK MXN) December 2023

Burmese kyat mexican peso history for December 2023. The highest quote for this month is 0.008421 (05/12/2023) and the lowest 0.008374 (05/12/2023). The difference between high and low is 0.56.

MMK MXN average rate for December 2023 is 0.00824, the change between 01/12/2023 and 31/12/2023 is +2.96 %.

01 December 2023	1 MMK = 0.0084 MXN
02 December 2023	1 MMK = 0.0082 MXN
03 December 2023	1 MMK = 0.0082 MXN
04 December 2023	1 MMK = 0.0083 MXN
05 December 2023	1 MMK = 0.0084 MXN
06 December 2023	1 MMK = 0.0083 MXN
07 December 2023	1 MMK = 0.0083 MXN
08 December 2023	1 MMK = 0.0084 MXN
10 December 2023	1 MMK = 0.0083 MXN
11 December 2023	1 MMK = 0.0083 MXN
12 December 2023	1 MMK = 0.0083 MXN
13 December 2023	1 MMK = 0.0083 MXN
14 December 2023	1 MMK = 0.0083 MXN
15 December 2023	1 MMK = 0.0083 MXN
16 December 2023	1 MMK = 0.0082 MXN
17 December 2023	1 MMK = 0.0082 MXN
18 December 2023	1 MMK = 0.0082 MXN
19 December 2023	1 MMK = 0.0083 MXN
20 December 2023	1 MMK = 0.0082 MXN
21 December 2023	1 MMK = 0.0082 MXN
22 December 2023	1 MMK = 0.0082 MXN
23 December 2023	1 MMK = 0.0081 MXN
24 December 2023	1 MMK = 0.0081 MXN
25 December 2023	1 MMK = 0.0082 MXN
26 December 2023	1 MMK = 0.0082 MXN
27 December 2023	1 MMK = 0.0081 MXN
28 December 2023	1 MMK = 0.0081 MXN
29 December 2023	1 MMK = 0.0081 MXN

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.

20/06/2012: Mexican Peso Becomes the Most Traded Emerging Market Currency

The Mexican peso surpassed the Brazilian real to become the most traded currency among emerging markets, reflecting Mexico's growing economic importance.

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.

01/01/2003: Introduction of the New Peso Symbol

The Mexican peso adopted a new symbol, replacing the old symbol (₱) with a capital 'P' with double horizontal lines (MXN) to symbolize the currency.

20/12/1994: Tequila Crisis

Mexico experienced a severe economic crisis and an abrupt devaluation of the peso as a result of the devaluation of the Thai baht, causing investors to flee emerging markets.

01/01/1993: Implementation of the North American Free Trade Agreement (NAFTA)

NAFTA came into effect, promoting trade and investment between Mexico, the United States, and Canada, leading to increased stability and growth in the Mexican economy.

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.

06/07/1988: Introduction of the New Peso

Due to hyperinflation and currency devaluation, Mexico introduced a new currency, called the New Peso, where 1000 old pesos were replaced by 1 new peso.

01/09/1987: Second Kyat Revalued

Due to hyperinflation, the Burmese kyat was again revalued, with 1 kyat replacing 10 new kyats.

12/08/1982: Mexican Debt Crisis

Mexico defaulted on its external debt, leading to a sharp devaluation of the peso and a severe economic crisis, requiring an emergency loan from the International Monetary Fund (IMF).

13/08/1970: Devaluation of the Peso

In response to global inflation, the Mexican government devalued the peso by 20% against the US dollar, leading to economic instability and a decline in purchasing power.

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 Mexican peso