Historic Rwandan franc Burmese kyat

Rwandan franc burmese kyat history for October 2023. The highest quote for this month is 1.7405 (01/10/2023) and the lowest 1.7405 (01/10/2023). The difference between high and low is 0.

RWF MMK average rate for October 2023 is 1.72087, the change between 01/10/2023 and 31/10/2023 is +1.91 %.

01 October 20231 RWF = 1.741 MMK
02 October 20231 RWF = 1.723 MMK
03 October 20231 RWF = 1.728 MMK
04 October 20231 RWF = 1.726 MMK
05 October 20231 RWF = 1.721 MMK
06 October 20231 RWF = 1.733 MMK
07 October 20231 RWF = 1.732 MMK
09 October 20231 RWF = 1.728 MMK
10 October 20231 RWF = 1.703 MMK
11 October 20231 RWF = 1.719 MMK
12 October 20231 RWF = 1.726 MMK
13 October 20231 RWF = 1.719 MMK
16 October 20231 RWF = 1.726 MMK
17 October 20231 RWF = 1.717 MMK
18 October 20231 RWF = 1.716 MMK
19 October 20231 RWF = 1.724 MMK
20 October 20231 RWF = 1.715 MMK
21 October 20231 RWF = 1.725 MMK
22 October 20231 RWF = 1.725 MMK
23 October 20231 RWF = 1.722 MMK
24 October 20231 RWF = 1.714 MMK
25 October 20231 RWF = 1.712 MMK
26 October 20231 RWF = 1.713 MMK
27 October 20231 RWF = 1.713 MMK
29 October 20231 RWF = 1.720 MMK
30 October 20231 RWF = 1.717 MMK
31 October 20231 RWF = 1.707 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.

24/06/2020: Rwandan Franc Devaluation

The central bank of Rwanda announced a gradual devaluation of the Rwandan franc to enhance export competitiveness and stimulate economic growth.

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.

03/12/2008: New Currency Series

A new series of Rwandan franc banknotes was introduced, featuring updated security features and designs.

01/01/2004: East African Community

Rwanda joined the East African Community, leading to increased economic integration and cooperation within the region.

03/12/1998: Currency Redenomination

The Rwandan franc underwent a redenomination, with 100 old francs being replaced by 1 new franc.

07/04/1995: Rwandan Genocide

The Rwandan Genocide began, causing economic instability and inflation for the Rwandan franc.

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.

01/12/1973: Currency Reform

A currency reform was implemented, introducing a new series of Rwandan franc banknotes.

01/12/1964: Kyat Revalued

The Burmese kyat underwent a major revaluation, with 1 new kyat replacing 100 old kyats to combat inflation.

25/06/1964: Introduction of the Rwandan Franc

The Rwandan franc was introduced as the official currency of Rwanda, replacing the East African shilling.

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.