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

Burmese kyat tanzanian shilling history for December 2023. The highest quote for this month is 1.2116 (20/12/2023) and the lowest 1.2171 (14/12/2023). The difference between high and low is -0.45.

MMK TZS average rate for December 2023 is 1.20063, the change between 01/12/2023 and 31/12/2023 is -0.02 %.

01 December 2023	1 MMK = 1.204 TZS
02 December 2023	1 MMK = 1.198 TZS
03 December 2023	1 MMK = 1.198 TZS
04 December 2023	1 MMK = 1.182 TZS
05 December 2023	1 MMK = 1.204 TZS
06 December 2023	1 MMK = 1.202 TZS
07 December 2023	1 MMK = 1.204 TZS
08 December 2023	1 MMK = 1.204 TZS
10 December 2023	1 MMK = 1.197 TZS
11 December 2023	1 MMK = 1.182 TZS
12 December 2023	1 MMK = 1.204 TZS
13 December 2023	1 MMK = 1.203 TZS
14 December 2023	1 MMK = 1.204 TZS
15 December 2023	1 MMK = 1.210 TZS
16 December 2023	1 MMK = 1.194 TZS
17 December 2023	1 MMK = 1.194 TZS
18 December 2023	1 MMK = 1.182 TZS
19 December 2023	1 MMK = 1.205 TZS
20 December 2023	1 MMK = 1.210 TZS
21 December 2023	1 MMK = 1.209 TZS
22 December 2023	1 MMK = 1.209 TZS
23 December 2023	1 MMK = 1.198 TZS
24 December 2023	1 MMK = 1.198 TZS
25 December 2023	1 MMK = 1.187 TZS
26 December 2023	1 MMK = 1.210 TZS
27 December 2023	1 MMK = 1.209 TZS
28 December 2023	1 MMK = 1.210 TZS
29 December 2023	1 MMK = 1.205 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.