Burmese kyat united states dollar exchange rate history (MMK USD) November 2023

Burmese kyat united states dollar history for November 2023. The highest quote for this month is 0.000481 (01/11/2023) and the lowest 0.000488 (15/11/2023). The difference between high and low is -1.46.

MMK USD average rate for November 2023 is 0.00048, the change between 01/11/2023 and 30/11/2023 is 0 %.

01 November 2023	1 MMK = 0.0005 USD
06 November 2023	1 MMK = 0.0005 USD
07 November 2023	1 MMK = 0.0005 USD
08 November 2023	1 MMK = 0.0005 USD
09 November 2023	1 MMK = 0.0005 USD
10 November 2023	1 MMK = 0.0005 USD
12 November 2023	1 MMK = 0.0005 USD
13 November 2023	1 MMK = 0.0005 USD
14 November 2023	1 MMK = 0.0005 USD
15 November 2023	1 MMK = 0.0005 USD
16 November 2023	1 MMK = 0.0005 USD
17 November 2023	1 MMK = 0.0005 USD
18 November 2023	1 MMK = 0.0005 USD
19 November 2023	1 MMK = 0.0005 USD
20 November 2023	1 MMK = 0.0005 USD
21 November 2023	1 MMK = 0.0005 USD
22 November 2023	1 MMK = 0.0005 USD
23 November 2023	1 MMK = 0.0005 USD
26 November 2023	1 MMK = 0.0005 USD
27 November 2023	1 MMK = 0.0005 USD
28 November 2023	1 MMK = 0.0005 USD
29 November 2023	1 MMK = 0.0005 USD
30 November 2023	1 MMK = 0.0005 USD

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.