Historic Burmese kyat Somali shilling

Burmese kyat somali shilling history for January 2024. The highest quote for this month is 0.27323 (08/01/2024) and the lowest 0.27392 (08/01/2024). The difference between high and low is -0.25.

MMK SOS average rate for January 2024 is 0.27312, the change between 01/01/2024 and 31/01/2024 is -0.22 %.

01 January 20241 MMK = 0.2725 SOS
02 January 20241 MMK = 0.2723 SOS
03 January 20241 MMK = 0.2730 SOS
04 January 20241 MMK = 0.2733 SOS
05 January 20241 MMK = 0.2731 SOS
08 January 20241 MMK = 0.2739 SOS
09 January 20241 MMK = 0.2732 SOS
10 January 20241 MMK = 0.2732 SOS
11 January 20241 MMK = 0.2731 SOS
12 January 20241 MMK = 0.2730 SOS
15 January 20241 MMK = 0.2735 SOS
16 January 20241 MMK = 0.2734 SOS
17 January 20241 MMK = 0.2727 SOS
18 January 20241 MMK = 0.2731 SOS
19 January 20241 MMK = 0.2731 SOS
22 January 20241 MMK = 0.2733 SOS
23 January 20241 MMK = 0.2732 SOS
24 January 20241 MMK = 0.2732 SOS
25 January 20241 MMK = 0.2732 SOS
26 January 20241 MMK = 0.2730 SOS
29 January 20241 MMK = 0.2729 SOS
30 January 20241 MMK = 0.2733 SOS
31 January 20241 MMK = 0.2731 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.