Historic Burmese kyat Tanzanian Shilling

Burmese kyat tanzanian shilling history for January 2024. The highest quote for this month is 1.2275 (29/01/2024) and the lowest 1.2127 (28/01/2024). The difference between high and low is 1.21.

MMK TZS average rate for January 2024 is 1.20476, the change between 01/01/2024 and 31/01/2024 is -3 %.

01 January 20241 MMK = 1.188 TZS
02 January 20241 MMK = 1.188 TZS
03 January 20241 MMK = 1.209 TZS
04 January 20241 MMK = 1.210 TZS
05 January 20241 MMK = 1.209 TZS
06 January 20241 MMK = 1.199 TZS
07 January 20241 MMK = 1.199 TZS
08 January 20241 MMK = 1.188 TZS
09 January 20241 MMK = 1.210 TZS
10 January 20241 MMK = 1.210 TZS
11 January 20241 MMK = 1.209 TZS
12 January 20241 MMK = 1.209 TZS
14 January 20241 MMK = 1.198 TZS
15 January 20241 MMK = 1.187 TZS
16 January 20241 MMK = 1.208 TZS
17 January 20241 MMK = 1.190 TZS
18 January 20241 MMK = 1.214 TZS
19 January 20241 MMK = 1.209 TZS
22 January 20241 MMK = 1.187 TZS
23 January 20241 MMK = 1.212 TZS
24 January 20241 MMK = 1.210 TZS
25 January 20241 MMK = 1.212 TZS
26 January 20241 MMK = 1.209 TZS
28 January 20241 MMK = 1.213 TZS
29 January 20241 MMK = 1.202 TZS
30 January 20241 MMK = 1.224 TZS
31 January 20241 MMK = 1.224 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.