Historic Burmese kyat Thai baht

Burmese kyat thai baht history for November 2023. The highest quote for this month is 0.017483 (01/11/2023) and the lowest 0.017369 (01/11/2023). The difference between high and low is 0.65.

MMK THB average rate for November 2023 is 0.01704, the change between 01/11/2023 and 30/11/2023 is +3.62 %.

01 November 20231 MMK = 0.0174 THB
02 November 20231 MMK = 0.0173 THB
03 November 20231 MMK = 0.0173 THB
06 November 20231 MMK = 0.0172 THB
07 November 20231 MMK = 0.0171 THB
08 November 20231 MMK = 0.0171 THB
09 November 20231 MMK = 0.0171 THB
10 November 20231 MMK = 0.0172 THB
12 November 20231 MMK = 0.0172 THB
13 November 20231 MMK = 0.0174 THB
14 November 20231 MMK = 0.0173 THB
15 November 20231 MMK = 0.0171 THB
16 November 20231 MMK = 0.0171 THB
17 November 20231 MMK = 0.0169 THB
18 November 20231 MMK = 0.0168 THB
19 November 20231 MMK = 0.0168 THB
20 November 20231 MMK = 0.0170 THB
21 November 20231 MMK = 0.0169 THB
22 November 20231 MMK = 0.0169 THB
23 November 20231 MMK = 0.0170 THB
24 November 20231 MMK = 0.0169 THB
26 November 20231 MMK = 0.0169 THB
27 November 20231 MMK = 0.0171 THB
28 November 20231 MMK = 0.0168 THB
29 November 20231 MMK = 0.0167 THB
30 November 20231 MMK = 0.0167 THB

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.

15/04/2019: Coronation of King Rama X

King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.

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.

19/09/2006: 2006 Thai coup d'état

The military staged a coup overthrowing the government, causing political instability and affecting the currency.

02/07/1997: Asian Financial Crisis

The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.

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.

01/01/1980: Currency Floatation

The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.

14/10/1973: October 14 Uprising

A popular uprising against the military dictatorship led to political reforms and an increase in public participation.

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.

01/01/1942: Japanese Occupation

During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.

24/06/1932: Siamese Revolution

The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.
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