Historic Burmese kyat Somali shilling

Burmese kyat somali shilling history for September 2023. The highest quote for this month is 0.27233 (25/09/2023) and the lowest 0.27328 (13/09/2023). The difference between high and low is -0.35.

MMK SOS average rate for September 2023 is 0.27202, the change between 01/09/2023 and 30/09/2023 is -0.2 %.

01 September 20231 MMK = 0.2716 SOS
04 September 20231 MMK = 0.2704 SOS
05 September 20231 MMK = 0.2715 SOS
06 September 20231 MMK = 0.2713 SOS
07 September 20231 MMK = 0.2719 SOS
08 September 20231 MMK = 0.2723 SOS
11 September 20231 MMK = 0.2725 SOS
12 September 20231 MMK = 0.2726 SOS
13 September 20231 MMK = 0.2721 SOS
14 September 20231 MMK = 0.2721 SOS
15 September 20231 MMK = 0.2717 SOS
18 September 20231 MMK = 0.2726 SOS
19 September 20231 MMK = 0.2722 SOS
20 September 20231 MMK = 0.2722 SOS
21 September 20231 MMK = 0.2716 SOS
22 September 20231 MMK = 0.2720 SOS
25 September 20231 MMK = 0.2732 SOS
26 September 20231 MMK = 0.2723 SOS
27 September 20231 MMK = 0.2722 SOS
28 September 20231 MMK = 0.2719 SOS
29 September 20231 MMK = 0.2722 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.