Philippine peso burmese kyat exchange rate history (PHP MMK) October 2023

Philippine peso burmese kyat history for October 2023. The highest quote for this month is 36.983 (07/10/2023) and the lowest 37.747 (12/10/2023). The difference between high and low is -2.07.

PHP MMK average rate for October 2023 is 36.6805, the change between 01/10/2023 and 31/10/2023 is +0.79 %.

01 October 2023	1 PHP = 36.93 MMK
02 October 2023	1 PHP = 36.75 MMK
03 October 2023	1 PHP = 36.65 MMK
04 October 2023	1 PHP = 36.60 MMK
05 October 2023	1 PHP = 36.69 MMK
06 October 2023	1 PHP = 36.61 MMK
07 October 2023	1 PHP = 36.94 MMK
09 October 2023	1 PHP = 36.52 MMK
10 October 2023	1 PHP = 36.54 MMK
11 October 2023	1 PHP = 36.64 MMK
12 October 2023	1 PHP = 36.79 MMK
13 October 2023	1 PHP = 36.63 MMK
16 October 2023	1 PHP = 36.62 MMK
17 October 2023	1 PHP = 36.73 MMK
18 October 2023	1 PHP = 36.68 MMK
19 October 2023	1 PHP = 36.59 MMK
20 October 2023	1 PHP = 36.62 MMK
21 October 2023	1 PHP = 36.89 MMK
22 October 2023	1 PHP = 36.89 MMK
23 October 2023	1 PHP = 36.57 MMK
24 October 2023	1 PHP = 36.69 MMK
25 October 2023	1 PHP = 36.69 MMK
26 October 2023	1 PHP = 36.63 MMK
27 October 2023	1 PHP = 36.56 MMK
28 October 2023	1 PHP = 36.75 MMK
29 October 2023	1 PHP = 36.75 MMK
30 October 2023	1 PHP = 36.48 MMK
31 October 2023	1 PHP = 36.64 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.

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.

11/09/1970: Introduction of the New Peso

The New Central Bank Act is enacted, leading to the introduction of a new currency called the New Peso, with a conversion rate of 1 New Peso to 2 old pesos.

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.

04/07/1949: Central Bank of the Philippines

The Central Bank of the Philippines is established with the task of issuing and managing the Philippine currency.

20/10/1944: Introduction of the Philippine Liberation Peso

The United States-issued Philippine Liberation Peso is introduced to replace the Japanese-issued currency, serving as a transitional currency.

02/01/1942: Japanese Occupation

During World War II, the Japanese forces occupy the Philippines and introduce the Japanese-issued Philippine peso, known as Mickey Mouse money.

24/12/1933: Introduction of the Commonwealth Peso

The Commonwealth Act No. 265 is passed, creating a new Philippine currency called the Commonwealth Peso to replace the previous Peso.

12/06/1898: Philippine Independence

The Philippines declares independence from Spanish rule, leading to the establishment of the First Philippine Republic and the issuance of new currency.

01/05/1852: Introduction of the Peso

The Spanish colonial government issues the first official currency of the Philippines, known as the Peso, with a conversion rate of 2 Spanish reales to 1 Peso.

Historic Philippine peso Burmese kyat