Historic Omani rial Burmese kyat

Omani rial burmese kyat history for August 2023. The highest quote for this month is 5450.53 (25/08/2023) and the lowest 5439.34 (12/08/2023). The difference between high and low is 0.21.

OMR MMK average rate for August 2023 is 5435.08115, the change between 01/08/2023 and 31/08/2023 is +0.02 %.

01 August 20231 OMR = 5425.39 MMK
02 August 20231 OMR = 5424.13 MMK
03 August 20231 OMR = 5429.48 MMK
04 August 20231 OMR = 5418.86 MMK
07 August 20231 OMR = 5381.63 MMK
08 August 20231 OMR = 5418.46 MMK
09 August 20231 OMR = 5420.27 MMK
10 August 20231 OMR = 5422.25 MMK
11 August 20231 OMR = 5422.02 MMK
12 August 20231 OMR = 5439.34 MMK
14 August 20231 OMR = 5586.61 MMK
15 August 20231 OMR = 5425.10 MMK
16 August 20231 OMR = 5422.33 MMK
17 August 20231 OMR = 5422.82 MMK
18 August 20231 OMR = 5422.82 MMK
19 August 20231 OMR = 5437.92 MMK
20 August 20231 OMR = 5437.92 MMK
21 August 20231 OMR = 5587.93 MMK
22 August 20231 OMR = 5418.13 MMK
23 August 20231 OMR = 5421.98 MMK
24 August 20231 OMR = 5420.49 MMK
25 August 20231 OMR = 5421.17 MMK
28 August 20231 OMR = 5418.76 MMK
29 August 20231 OMR = 5421.88 MMK
30 August 20231 OMR = 5419.85 MMK
31 August 20231 OMR = 5424.57 MMK

16/03/2021: New 5 Rial Polymer Banknote Introduced

A new polymer banknote with a denomination of 5 rials was introduced, enhancing durability and security features of the currency.

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.

15/01/2003: New Omani Rial Banknotes Issued

New series of Omani rial banknotes were introduced, featuring enhanced security features and updated designs.

12/06/1994: Smaller Denomination Coins Issued

Small denomination coins, including 5, 10, 25, and 50 baisa coins, were issued in order to facilitate everyday transactions.

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.

17/03/1986: 200 Baisa Coin Introduced

A new 200 baisa coin was introduced, becoming the highest denomination coin in circulation at that time.

11/11/1975: 1/8 Rial Copper-Nickel Coin Introduced

A new 1/8 rial coin made of copper-nickel was introduced, representing a fractional value of the rial currency.

02/03/1973: Rial Oman Pegged to US Dollar

The Omani rial was officially pegged to the United States dollar, with an exchange rate of 1 OMR = 2.895 USD.

27/07/1970: Rial Oman is Introduced

The Omani rial was introduced, replacing the Gulf rupee at a rate of 1 rial = 2.6008 rupees.

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.
OMR MMK August 2023
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