Burmese kyat romanian leu exchange rate history (MMK RON) October 2023

Burmese kyat romanian leu history for October 2023. The highest quote for this month is 0.002286 (04/10/2023) and the lowest 0.002277 (03/10/2023). The difference between high and low is 0.39.

MMK RON average rate for October 2023 is 0.00226, the change between 01/10/2023 and 31/10/2023 is -0.18 %.

01 October 2023	1 MMK = 0.0022 RON
02 October 2023	1 MMK = 0.0022 RON
03 October 2023	1 MMK = 0.0023 RON
04 October 2023	1 MMK = 0.0023 RON
05 October 2023	1 MMK = 0.0023 RON
06 October 2023	1 MMK = 0.0023 RON
09 October 2023	1 MMK = 0.0023 RON
10 October 2023	1 MMK = 0.0023 RON
11 October 2023	1 MMK = 0.0022 RON
12 October 2023	1 MMK = 0.0022 RON
13 October 2023	1 MMK = 0.0023 RON
16 October 2023	1 MMK = 0.0023 RON
17 October 2023	1 MMK = 0.0023 RON
18 October 2023	1 MMK = 0.0023 RON
19 October 2023	1 MMK = 0.0023 RON
20 October 2023	1 MMK = 0.0023 RON
21 October 2023	1 MMK = 0.0022 RON
22 October 2023	1 MMK = 0.0022 RON
23 October 2023	1 MMK = 0.0023 RON
24 October 2023	1 MMK = 0.0022 RON
25 October 2023	1 MMK = 0.0023 RON
26 October 2023	1 MMK = 0.0023 RON
27 October 2023	1 MMK = 0.0023 RON
29 October 2023	1 MMK = 0.0022 RON
30 October 2023	1 MMK = 0.0023 RON
31 October 2023	1 MMK = 0.0022 RON

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.

01/04/2019: Romania plans to adopt the euro

The Romanian government announces its intention to join the Eurozone and set a target date for adopting the euro as the national currency.

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.

01/06/2005: Currency redenomination

Romania underwent a currency redenomination, with 10,000 old lei being exchanged for 1 new leu, to simplify transactions and eliminate zeros.

01/07/2003: Romania joins EU Accession

As part of joining the European Union, Romania pledges to adopt the euro in the future, aiming for greater economic integration.

28/02/1991: End of communist era

As communism collapsed, Romania undergoes economic reforms and introduces a free-floating exchange rate system for the leu.

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.

30/12/1947: Communist regime introduces new leu

In an attempt to devalue the currency and control the economy, the Communist regime introduces a new leu at a ratio of 1:20,000.

01/03/1901: Introduction of the gold standard

Romanian leu was tied to the gold standard, ensuring the stability of the currency and attracting foreign investments.

01/04/1867: Creation of the Romanian leu

The leu was established as the official currency of Romania, replacing the previous currencies in circulation.

Historic Burmese kyat Romanian leu