Historic Burmese kyat Rwandan franc

Burmese kyat rwandan franc history for August 2023. The highest quote for this month is 0.57158 (21/08/2023) and the lowest 0.56676 (31/08/2023). The difference between high and low is 0.84.

MMK RWF average rate for August 2023 is 0.56241, the change between 01/08/2023 and 31/08/2023 is -1.17 %.

01 August 20231 MMK = 0.5602 RWF
02 August 20231 MMK = 0.5608 RWF
03 August 20231 MMK = 0.5587 RWF
04 August 20231 MMK = 0.5604 RWF
07 August 20231 MMK = 0.5595 RWF
08 August 20231 MMK = 0.5579 RWF
09 August 20231 MMK = 0.5598 RWF
10 August 20231 MMK = 0.5601 RWF
11 August 20231 MMK = 0.5604 RWF
12 August 20231 MMK = 0.5598 RWF
14 August 20231 MMK = 0.5607 RWF
15 August 20231 MMK = 0.5632 RWF
16 August 20231 MMK = 0.5639 RWF
17 August 20231 MMK = 0.5634 RWF
18 August 20231 MMK = 0.5644 RWF
19 August 20231 MMK = 0.5614 RWF
20 August 20231 MMK = 0.5614 RWF
21 August 20231 MMK = 0.5623 RWF
22 August 20231 MMK = 0.5658 RWF
23 August 20231 MMK = 0.5654 RWF
24 August 20231 MMK = 0.5655 RWF
25 August 20231 MMK = 0.5664 RWF
28 August 20231 MMK = 0.5641 RWF
29 August 20231 MMK = 0.5642 RWF
30 August 20231 MMK = 0.5661 RWF
31 August 20231 MMK = 0.5668 RWF

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.

24/06/2020: Rwandan Franc Devaluation

The central bank of Rwanda announced a gradual devaluation of the Rwandan franc to enhance export competitiveness and stimulate economic growth.

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.

03/12/2008: New Currency Series

A new series of Rwandan franc banknotes was introduced, featuring updated security features and designs.

01/01/2004: East African Community

Rwanda joined the East African Community, leading to increased economic integration and cooperation within the region.

03/12/1998: Currency Redenomination

The Rwandan franc underwent a redenomination, with 100 old francs being replaced by 1 new franc.

07/04/1995: Rwandan Genocide

The Rwandan Genocide began, causing economic instability and inflation for the Rwandan franc.

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.

01/12/1973: Currency Reform

A currency reform was implemented, introducing a new series of Rwandan franc banknotes.

01/12/1964: Kyat Revalued

The Burmese kyat underwent a major revaluation, with 1 new kyat replacing 100 old kyats to combat inflation.

25/06/1964: Introduction of the Rwandan Franc

The Rwandan franc was introduced as the official currency of Rwanda, replacing the East African shilling.

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.