Burmese kyat tanzanian shilling exchange rate history (MMK TZS) August 2023

Burmese kyat tanzanian shilling history for August 2023. The highest quote for this month is 1.2053 (21/08/2023) and the lowest 1.2092 (30/08/2023). The difference between high and low is -0.32.

MMK TZS average rate for August 2023 is 1.1974, the change between 01/08/2023 and 31/08/2023 is -2.05 %.

01 August 2023	1 MMK = 1.180 TZS
02 August 2023	1 MMK = 1.180 TZS
03 August 2023	1 MMK = 1.179 TZS
04 August 2023	1 MMK = 1.191 TZS
07 August 2023	1 MMK = 1.204 TZS
08 August 2023	1 MMK = 1.191 TZS
09 August 2023	1 MMK = 1.190 TZS
10 August 2023	1 MMK = 1.202 TZS
11 August 2023	1 MMK = 1.199 TZS
12 August 2023	1 MMK = 1.191 TZS
14 August 2023	1 MMK = 1.197 TZS
15 August 2023	1 MMK = 1.204 TZS
16 August 2023	1 MMK = 1.205 TZS
17 August 2023	1 MMK = 1.199 TZS
18 August 2023	1 MMK = 1.204 TZS
19 August 2023	1 MMK = 1.194 TZS
20 August 2023	1 MMK = 1.194 TZS
21 August 2023	1 MMK = 1.208 TZS
22 August 2023	1 MMK = 1.205 TZS
23 August 2023	1 MMK = 1.204 TZS
24 August 2023	1 MMK = 1.200 TZS
25 August 2023	1 MMK = 1.205 TZS
28 August 2023	1 MMK = 1.200 TZS
29 August 2023	1 MMK = 1.202 TZS
30 August 2023	1 MMK = 1.202 TZS
31 August 2023	1 MMK = 1.204 TZS

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.