United States dollar burmese kyat exchange rate history (USD MMK) October 2023

United States dollar burmese kyat history for October 2023. The highest quote for this month is 2094.98 (13/10/2023) and the lowest 2093.6 (01/10/2023). The difference between high and low is 0.07.

USD MMK average rate for October 2023 is 2081.676, the change between 01/10/2023 and 31/10/2023 is +0.76 %.

01 October 2023	1 USD = 2093.60 MMK
03 October 2023	1 USD = 2080.29 MMK
04 October 2023	1 USD = 2079.93 MMK
06 October 2023	1 USD = 2073.32 MMK
07 October 2023	1 USD = 2093.60 MMK
09 October 2023	1 USD = 2069.89 MMK
10 October 2023	1 USD = 2078.63 MMK
11 October 2023	1 USD = 2080.37 MMK
13 October 2023	1 USD = 2079.40 MMK
16 October 2023	1 USD = 2079.99 MMK
17 October 2023	1 USD = 2079.75 MMK
18 October 2023	1 USD = 2076.57 MMK
19 October 2023	1 USD = 2079.30 MMK
20 October 2023	1 USD = 2078.49 MMK
21 October 2023	1 USD = 2093.60 MMK
22 October 2023	1 USD = 2093.60 MMK
23 October 2023	1 USD = 2075.44 MMK
24 October 2023	1 USD = 2078.46 MMK
25 October 2023	1 USD = 2079.53 MMK
26 October 2023	1 USD = 2079.15 MMK
27 October 2023	1 USD = 2079.47 MMK
28 October 2023	1 USD = 2093.60 MMK
29 October 2023	1 USD = 2093.60 MMK
30 October 2023	1 USD = 2074.58 MMK
31 October 2023	1 USD = 2077.74 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.