Historic Barbadian dollar Burmese kyat

Barbadian dollar burmese kyat history for February 2024. The highest quote for this month is 1054.26 (15/02/2024) and the lowest 1054.27 (05/02/2024). The difference between high and low is 0.

BBD MMK average rate for February 2024 is 1052.53407, the change between 01/02/2024 and 29/02/2024 is 0 %.

01 February 20241 BBD = 1054.10 MMK
02 February 20241 BBD = 1054.17 MMK
03 February 20241 BBD = 1046.84 MMK
04 February 20241 BBD = 1046.84 MMK
05 February 20241 BBD = 1054.06 MMK
06 February 20241 BBD = 1054.25 MMK
07 February 20241 BBD = 1054.19 MMK
08 February 20241 BBD = 1054.17 MMK
09 February 20241 BBD = 1054.21 MMK
12 February 20241 BBD = 1054.17 MMK
13 February 20241 BBD = 1054.18 MMK
14 February 20241 BBD = 1054.18 MMK
15 February 20241 BBD = 1054.26 MMK
16 February 20241 BBD = 1054.26 MMK
17 February 20241 BBD = 1046.84 MMK
18 February 20241 BBD = 1046.84 MMK
19 February 20241 BBD = 1054.18 MMK
20 February 20241 BBD = 1054.17 MMK
21 February 20241 BBD = 1054.17 MMK
22 February 20241 BBD = 1054.17 MMK
23 February 20241 BBD = 1054.10 MMK
24 February 20241 BBD = 1046.84 MMK
25 February 20241 BBD = 1046.84 MMK
26 February 20241 BBD = 1054.12 MMK
27 February 20241 BBD = 1054.08 MMK
28 February 20241 BBD = 1054.06 MMK
29 February 20241 BBD = 1054.13 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.

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

23/04/2015: Foreign Exchange Market Liberalization

Restrictions on foreign exchange were lifted, allowing a more liberalized foreign exchange market in Myanmar.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

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.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

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.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

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.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.