Namibian dollar burmese kyat exchange rate history (NAD MMK) December 2023

Namibian dollar burmese kyat history for December 2023. The highest quote for this month is 114.6 (18/12/2023) and the lowest 114.67 (23/12/2023). The difference between high and low is -0.06.

NAD MMK average rate for December 2023 is 111.9125, the change between 01/12/2023 and 31/12/2023 is -2.27 %.

01 December 2023	1 NAD = 111.2 MMK
02 December 2023	1 NAD = 112.4 MMK
03 December 2023	1 NAD = 112.4 MMK
04 December 2023	1 NAD = 111.9 MMK
05 December 2023	1 NAD = 111.9 MMK
06 December 2023	1 NAD = 109.6 MMK
07 December 2023	1 NAD = 110.2 MMK
08 December 2023	1 NAD = 111.1 MMK
10 December 2023	1 NAD = 110.5 MMK
11 December 2023	1 NAD = 109.8 MMK
12 December 2023	1 NAD = 109.1 MMK
13 December 2023	1 NAD = 109.1 MMK
14 December 2023	1 NAD = 109.0 MMK
15 December 2023	1 NAD = 109.0 MMK
16 December 2023	1 NAD = 114.1 MMK
17 December 2023	1 NAD = 114.1 MMK
18 December 2023	1 NAD = 109.6 MMK
19 December 2023	1 NAD = 113.8 MMK
20 December 2023	1 NAD = 113.7 MMK
21 December 2023	1 NAD = 113.9 MMK
22 December 2023	1 NAD = 113.9 MMK
23 December 2023	1 NAD = 113.8 MMK
24 December 2023	1 NAD = 113.5 MMK
25 December 2023	1 NAD = 113.5 MMK
26 December 2023	1 NAD = 113.5 MMK
27 December 2023	1 NAD = 111.9 MMK
28 December 2023	1 NAD = 113.2 MMK
29 December 2023	1 NAD = 113.8 MMK

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.

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

23/04/2015: Foreign Exchange Market Liberalization

Restrictions on foreign exchange were lifted, allowing a more liberalized foreign exchange market in Myanmar.

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

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.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

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.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

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.

Historic Namibian dollar Burmese kyat