Thai baht burmese kyat exchange rate history (THB MMK) October 2023

Thai baht burmese kyat history for October 2023. The highest quote for this month is 58.011 (28/10/2023) and the lowest 58.011 (28/10/2023). The difference between high and low is 0.

THB MMK average rate for October 2023 is 57.07136, the change between 01/10/2023 and 31/10/2023 is -0.67 %.

01 October 2023	1 THB = 57.48 MMK
02 October 2023	1 THB = 56.82 MMK
03 October 2023	1 THB = 56.19 MMK
04 October 2023	1 THB = 56.08 MMK
05 October 2023	1 THB = 56.26 MMK
06 October 2023	1 THB = 56.13 MMK
07 October 2023	1 THB = 56.77 MMK
09 October 2023	1 THB = 56.03 MMK
10 October 2023	1 THB = 56.32 MMK
11 October 2023	1 THB = 56.90 MMK
12 October 2023	1 THB = 57.10 MMK
13 October 2023	1 THB = 57.13 MMK
16 October 2023	1 THB = 57.48 MMK
17 October 2023	1 THB = 57.30 MMK
18 October 2023	1 THB = 57.11 MMK
19 October 2023	1 THB = 57.24 MMK
20 October 2023	1 THB = 57.17 MMK
21 October 2023	1 THB = 57.53 MMK
22 October 2023	1 THB = 57.38 MMK
23 October 2023	1 THB = 56.82 MMK
24 October 2023	1 THB = 57.28 MMK
25 October 2023	1 THB = 57.51 MMK
26 October 2023	1 THB = 57.40 MMK
27 October 2023	1 THB = 57.41 MMK
28 October 2023	1 THB = 58.01 MMK
29 October 2023	1 THB = 57.83 MMK
30 October 2023	1 THB = 57.47 MMK
31 October 2023	1 THB = 57.86 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.

15/04/2019: Coronation of King Rama X

King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.

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.

19/09/2006: 2006 Thai coup d'état

The military staged a coup overthrowing the government, causing political instability and affecting the currency.

02/07/1997: Asian Financial Crisis

The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.

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.

01/01/1980: Currency Floatation

The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.

14/10/1973: October 14 Uprising

A popular uprising against the military dictatorship led to political reforms and an increase in public participation.

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.

01/01/1942: Japanese Occupation

During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.

24/06/1932: Siamese Revolution

The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.

Historic Thai baht Burmese kyat