Burmese kyat somali shilling history for February 2024. The highest quote for this month is 0.27325 (15/02/2024) and the lowest 0.27474 (02/02/2024). The difference between high and low is -0.55.
MMK SOS average rate for February 2024 is 0.27315, the change between 01/02/2024 and 29/02/2024 is -0.03 %.
01 February 2024 | 1 MMK = 0.2736 SOS |
02 February 2024 | 1 MMK = 0.2732 SOS |
05 February 2024 | 1 MMK = 0.2702 SOS |
06 February 2024 | 1 MMK = 0.2723 SOS |
07 February 2024 | 1 MMK = 0.2730 SOS |
08 February 2024 | 1 MMK = 0.2731 SOS |
09 February 2024 | 1 MMK = 0.2730 SOS |
12 February 2024 | 1 MMK = 0.2734 SOS |
13 February 2024 | 1 MMK = 0.2732 SOS |
14 February 2024 | 1 MMK = 0.2731 SOS |
15 February 2024 | 1 MMK = 0.2732 SOS |
16 February 2024 | 1 MMK = 0.2747 SOS |
19 February 2024 | 1 MMK = 0.2746 SOS |
20 February 2024 | 1 MMK = 0.2732 SOS |
21 February 2024 | 1 MMK = 0.2731 SOS |
22 February 2024 | 1 MMK = 0.2731 SOS |
23 February 2024 | 1 MMK = 0.2730 SOS |
26 February 2024 | 1 MMK = 0.2734 SOS |
27 February 2024 | 1 MMK = 0.2732 SOS |
28 February 2024 | 1 MMK = 0.2732 SOS |
29 February 2024 | 1 MMK = 0.2737 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.