Historic Omani rial Burmese kyat

Omani rial burmese kyat history for February 2024. The highest quote for this month is 5473.81 (05/02/2024) and the lowest 5587.58 (12/02/2024). The difference between high and low is -2.08.

OMR MMK average rate for February 2024 is 5425.83519, the change between 01/02/2024 and 29/02/2024 is +0.02 %.

01 February 20241 OMR = 5412.32 MMK
02 February 20241 OMR = 5420.00 MMK
03 February 20241 OMR = 5438.13 MMK
04 February 20241 OMR = 5438.13 MMK
05 February 20241 OMR = 5466.38 MMK
06 February 20241 OMR = 5428.51 MMK
07 February 20241 OMR = 5425.32 MMK
08 February 20241 OMR = 5422.58 MMK
09 February 20241 OMR = 5424.73 MMK
12 February 20241 OMR = 5411.07 MMK
13 February 20241 OMR = 5420.69 MMK
14 February 20241 OMR = 5422.40 MMK
15 February 20241 OMR = 5421.51 MMK
16 February 20241 OMR = 5419.50 MMK
17 February 20241 OMR = 5438.13 MMK
18 February 20241 OMR = 5438.13 MMK
19 February 20241 OMR = 5416.46 MMK
20 February 20241 OMR = 5421.05 MMK
21 February 20241 OMR = 5422.42 MMK
22 February 20241 OMR = 5421.52 MMK
23 February 20241 OMR = 5424.18 MMK
24 February 20241 OMR = 5439.54 MMK
25 February 20241 OMR = 5439.54 MMK
26 February 20241 OMR = 5411.72 MMK
27 February 20241 OMR = 5421.86 MMK
28 February 20241 OMR = 5420.71 MMK
29 February 20241 OMR = 5411.02 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 July 2023
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