Burmese kyat somali shilling history for December 2023. The highest quote for this month is 0.27324 (19/12/2023) and the lowest 0.27598 (14/12/2023). The difference between high and low is -1.
MMK SOS average rate for December 2023 is 0.27285, the change between 01/12/2023 and 31/12/2023 is +0.52 %.
| 01 December 2023 | 1 MMK = 0.2731 SOS |
| 04 December 2023 | 1 MMK = 0.2729 SOS |
| 05 December 2023 | 1 MMK = 0.2730 SOS |
| 06 December 2023 | 1 MMK = 0.2731 SOS |
| 07 December 2023 | 1 MMK = 0.2728 SOS |
| 08 December 2023 | 1 MMK = 0.2729 SOS |
| 11 December 2023 | 1 MMK = 0.2727 SOS |
| 12 December 2023 | 1 MMK = 0.2729 SOS |
| 13 December 2023 | 1 MMK = 0.2731 SOS |
| 14 December 2023 | 1 MMK = 0.2731 SOS |
| 15 December 2023 | 1 MMK = 0.2732 SOS |
| 18 December 2023 | 1 MMK = 0.2716 SOS |
| 19 December 2023 | 1 MMK = 0.2731 SOS |
| 20 December 2023 | 1 MMK = 0.2733 SOS |
| 21 December 2023 | 1 MMK = 0.2731 SOS |
| 22 December 2023 | 1 MMK = 0.2731 SOS |
| 25 December 2023 | 1 MMK = 0.2728 SOS |
| 26 December 2023 | 1 MMK = 0.2728 SOS |
| 27 December 2023 | 1 MMK = 0.2726 SOS |
| 28 December 2023 | 1 MMK = 0.2731 SOS |
| 29 December 2023 | 1 MMK = 0.2717 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.