Historic Tanzanian Shilling Burmese kyat

Tanzanian Shilling burmese kyat history for December 2023. The highest quote for this month is 0.83778 (16/12/2023) and the lowest 0.84413 (06/12/2023). The difference between high and low is -0.76.

TZS MMK average rate for December 2023 is 0.83293, the change between 01/12/2023 and 31/12/2023 is +0.01 %.

01 December 20231 TZS = 0.8304 MMK
02 December 20231 TZS = 0.8344 MMK
03 December 20231 TZS = 0.8344 MMK
04 December 20231 TZS = 0.8458 MMK
05 December 20231 TZS = 0.8307 MMK
06 December 20231 TZS = 0.8318 MMK
07 December 20231 TZS = 0.8303 MMK
08 December 20231 TZS = 0.8308 MMK
10 December 20231 TZS = 0.8354 MMK
11 December 20231 TZS = 0.8458 MMK
12 December 20231 TZS = 0.8309 MMK
13 December 20231 TZS = 0.8316 MMK
14 December 20231 TZS = 0.8303 MMK
15 December 20231 TZS = 0.8267 MMK
16 December 20231 TZS = 0.8378 MMK
17 December 20231 TZS = 0.8378 MMK
18 December 20231 TZS = 0.8457 MMK
19 December 20231 TZS = 0.8302 MMK
20 December 20231 TZS = 0.8263 MMK
21 December 20231 TZS = 0.8270 MMK
22 December 20231 TZS = 0.8269 MMK
23 December 20231 TZS = 0.8344 MMK
24 December 20231 TZS = 0.8344 MMK
25 December 20231 TZS = 0.8422 MMK
26 December 20231 TZS = 0.8265 MMK
27 December 20231 TZS = 0.8271 MMK
28 December 20231 TZS = 0.8264 MMK
29 December 20231 TZS = 0.8302 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.

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.