Historic Bangladeshi Taka Burmese kyat

Bangladeshi Taka burmese kyat history for October 2023. The highest quote for this month is 19.156 (05/10/2023) and the lowest 19.157 (05/10/2023). The difference between high and low is -0.01.

BDT MMK average rate for October 2023 is 19.12981, the change between 01/10/2023 and 31/10/2023 is -0.61 %.

01 October 20231 BDT = 19.04 MMK
02 October 20231 BDT = 19.15 MMK
03 October 20231 BDT = 19.16 MMK
04 October 20231 BDT = 19.16 MMK
05 October 20231 BDT = 19.16 MMK
06 October 20231 BDT = 19.16 MMK
07 October 20231 BDT = 19.04 MMK
09 October 20231 BDT = 19.16 MMK
10 October 20231 BDT = 19.16 MMK
11 October 20231 BDT = 19.16 MMK
12 October 20231 BDT = 19.15 MMK
13 October 20231 BDT = 19.16 MMK
16 October 20231 BDT = 19.16 MMK
17 October 20231 BDT = 19.16 MMK
18 October 20231 BDT = 19.16 MMK
19 October 20231 BDT = 19.16 MMK
20 October 20231 BDT = 19.16 MMK
21 October 20231 BDT = 19.00 MMK
22 October 20231 BDT = 19.00 MMK
23 October 20231 BDT = 19.15 MMK
24 October 20231 BDT = 19.15 MMK
25 October 20231 BDT = 19.15 MMK
26 October 20231 BDT = 19.15 MMK
27 October 20231 BDT = 19.16 MMK
29 October 20231 BDT = 19.03 MMK
30 October 20231 BDT = 19.16 MMK
31 October 20231 BDT = 19.15 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.

20/03/2020: Banned Old Notes

Bangladesh bans the circulation of old 1000 Taka notes to combat counterfeit currency and encourage the use of new security-enhanced banknotes.

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.

12/06/2011: Denomination Revamp

Bangladesh revalues its currency by dropping two zeros from the denominations, making 1000 Taka equal to 10 Taka.

01/07/2007: Introduction of Polymer Banknotes

Bangladesh introduces polymer banknotes for the first time, enhancing durability, security, and public acceptance of the Bangladeshi Taka.

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.

02/03/1976: Introduction of Decimal System

Bangladesh transitions from the Indian Rupee-based monetary system to the decimal-based system, resulting in the issuance of new banknotes and coins.

15/08/1975: Assassination of Sheikh Mujibur Rahman

The assassination of Sheikh Mujibur Rahman, the founding father of Bangladesh and the advocate for the Bangladeshi Taka, creates political instability and economic challenges.

04/01/1972: Introduction of Bangladeshi Taka

The Bangladeshi Taka is introduced as the national currency replacing the Pakistani Rupee at par.

25/03/1971: Declaration of Independence

Bangladesh declares independence from Pakistan, leading to the establishment of the Bangladeshi Taka as the official currency.

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.