Historic Burmese kyat Rwandan franc

Burmese kyat rwandan franc history for November 2023. The highest quote for this month is 0.59441 (15/11/2023) and the lowest 0.59078 (01/11/2023). The difference between high and low is 0.61.

MMK RWF average rate for November 2023 is 0.58752, the change between 01/11/2023 and 30/11/2023 is -1.13 %.

01 November 20231 MMK = 0.5854 RWF
02 November 20231 MMK = 0.5861 RWF
03 November 20231 MMK = 0.5880 RWF
06 November 20231 MMK = 0.5836 RWF
07 November 20231 MMK = 0.5857 RWF
08 November 20231 MMK = 0.5862 RWF
09 November 20231 MMK = 0.5864 RWF
10 November 20231 MMK = 0.5872 RWF
12 November 20231 MMK = 0.5836 RWF
13 November 20231 MMK = 0.5845 RWF
14 November 20231 MMK = 0.5916 RWF
15 November 20231 MMK = 0.5884 RWF
16 November 20231 MMK = 0.5881 RWF
17 November 20231 MMK = 0.5887 RWF
18 November 20231 MMK = 0.5851 RWF
19 November 20231 MMK = 0.5851 RWF
20 November 20231 MMK = 0.5864 RWF
21 November 20231 MMK = 0.5897 RWF
22 November 20231 MMK = 0.5893 RWF
23 November 20231 MMK = 0.5886 RWF
24 November 20231 MMK = 0.5877 RWF
26 November 20231 MMK = 0.5872 RWF
27 November 20231 MMK = 0.5878 RWF
28 November 20231 MMK = 0.5908 RWF
29 November 20231 MMK = 0.5923 RWF
30 November 20231 MMK = 0.5920 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.