Burmese kyat rwandan franc exchange rate history (MMK RWF) October 2023

Burmese kyat rwandan franc history for October 2023. The highest quote for this month is 0.59051 (31/10/2023) and the lowest 0.58665 (25/10/2023). The difference between high and low is 0.65.

MMK RWF average rate for October 2023 is 0.58112, the change between 01/10/2023 and 31/10/2023 is -1.95 %.

01 October 2023	1 MMK = 0.5746 RWF
02 October 2023	1 MMK = 0.5804 RWF
03 October 2023	1 MMK = 0.5788 RWF
04 October 2023	1 MMK = 0.5794 RWF
05 October 2023	1 MMK = 0.5811 RWF
06 October 2023	1 MMK = 0.5771 RWF
07 October 2023	1 MMK = 0.5775 RWF
09 October 2023	1 MMK = 0.5786 RWF
10 October 2023	1 MMK = 0.5871 RWF
11 October 2023	1 MMK = 0.5816 RWF
12 October 2023	1 MMK = 0.5795 RWF
13 October 2023	1 MMK = 0.5819 RWF
16 October 2023	1 MMK = 0.5795 RWF
17 October 2023	1 MMK = 0.5823 RWF
18 October 2023	1 MMK = 0.5827 RWF
19 October 2023	1 MMK = 0.5801 RWF
20 October 2023	1 MMK = 0.5831 RWF
21 October 2023	1 MMK = 0.5798 RWF
22 October 2023	1 MMK = 0.5798 RWF
23 October 2023	1 MMK = 0.5806 RWF
24 October 2023	1 MMK = 0.5836 RWF
25 October 2023	1 MMK = 0.5843 RWF
26 October 2023	1 MMK = 0.5839 RWF
27 October 2023	1 MMK = 0.5838 RWF
29 October 2023	1 MMK = 0.5813 RWF
30 October 2023	1 MMK = 0.5823 RWF
31 October 2023	1 MMK = 0.5857 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.

Historic Burmese kyat Rwandan franc