Burmese kyat somali shilling history for August 2023. The highest quote for this month is 0.27225 (07/08/2023) and the lowest 0.27329 (24/08/2023). The difference between high and low is -0.38.
MMK SOS average rate for August 2023 is 0.27192, the change between 01/08/2023 and 31/08/2023 is -0.01 %.
| 01 August 2023 | 1 MMK = 0.2715 SOS |
| 02 August 2023 | 1 MMK = 0.2715 SOS |
| 03 August 2023 | 1 MMK = 0.2713 SOS |
| 04 August 2023 | 1 MMK = 0.2723 SOS |
| 07 August 2023 | 1 MMK = 0.2739 SOS |
| 08 August 2023 | 1 MMK = 0.2723 SOS |
| 09 August 2023 | 1 MMK = 0.2722 SOS |
| 10 August 2023 | 1 MMK = 0.2721 SOS |
| 11 August 2023 | 1 MMK = 0.2721 SOS |
| 14 August 2023 | 1 MMK = 0.2711 SOS |
| 15 August 2023 | 1 MMK = 0.2720 SOS |
| 16 August 2023 | 1 MMK = 0.2721 SOS |
| 17 August 2023 | 1 MMK = 0.2716 SOS |
| 18 August 2023 | 1 MMK = 0.2716 SOS |
| 21 August 2023 | 1 MMK = 0.2724 SOS |
| 22 August 2023 | 1 MMK = 0.2723 SOS |
| 23 August 2023 | 1 MMK = 0.2721 SOS |
| 24 August 2023 | 1 MMK = 0.2717 SOS |
| 25 August 2023 | 1 MMK = 0.2717 SOS |
| 28 August 2023 | 1 MMK = 0.2715 SOS |
| 29 August 2023 | 1 MMK = 0.2717 SOS |
| 30 August 2023 | 1 MMK = 0.2717 SOS |
| 31 August 2023 | 1 MMK = 0.2715 SOS |
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.
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.
01/04/1990: 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.