Bermudian dollar burmese kyat exchange rate history (BMD MMK) September 2023

Bermudian dollar burmese kyat history for September 2023. The highest quote for this month is 2097.73 (15/09/2023) and the lowest 2093.6 (23/09/2023). The difference between high and low is 0.2.

BMD MMK average rate for September 2023 is 2081.24958, the change between 01/09/2023 and 30/09/2023 is -0.65 %.

01 September 2023	1 BMD = 2080.00 MMK
04 September 2023	1 BMD = 2089.19 MMK
05 September 2023	1 BMD = 2081.40 MMK
06 September 2023	1 BMD = 2082.72 MMK
07 September 2023	1 BMD = 2077.98 MMK
08 September 2023	1 BMD = 2078.85 MMK
11 September 2023	1 BMD = 2076.91 MMK
12 September 2023	1 BMD = 2076.45 MMK
13 September 2023	1 BMD = 2080.00 MMK
14 September 2023	1 BMD = 2080.12 MMK
15 September 2023	1 BMD = 2079.35 MMK
18 September 2023	1 BMD = 2075.98 MMK
19 September 2023	1 BMD = 2079.12 MMK
20 September 2023	1 BMD = 2079.56 MMK
21 September 2023	1 BMD = 2080.43 MMK
22 September 2023	1 BMD = 2080.65 MMK
23 September 2023	1 BMD = 2093.60 MMK
24 September 2023	1 BMD = 2093.60 MMK
25 September 2023	1 BMD = 2071.95 MMK
26 September 2023	1 BMD = 2078.36 MMK
27 September 2023	1 BMD = 2079.28 MMK
28 September 2023	1 BMD = 2081.36 MMK
29 September 2023	1 BMD = 2079.53 MMK
30 September 2023	1 BMD = 2093.60 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.

01/01/2019: Switch to the Bermuda dollar symbol

Bermuda officially adopted a new currency symbol for the Bermudian dollar, replacing the British pound sign used previously.

23/04/2015: Foreign Exchange Market Liberalization

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

16/03/2015: Redesign of banknotes

The Bermuda Monetary Authority unveiled a redesigned series of banknotes featuring enhanced security features and updated designs.

01/05/2012: Introduction of polymer banknotes

Bermuda introduced polymer banknotes to replace paper currency for better durability and security.

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.

01/01/1997: Incorporation into Federal Reserve System

The US Federal Reserve System incorporated the Bermuda Monetary Authority into its banking system.

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.

06/01/1982: New notes and coins

Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.

25/02/1972: Introduction of decimal coins

Bermuda introduced a decimal currency system, replacing the old pounds, shillings, and pence.

06/07/1970: Currency Board Agreement

Bermuda established a Currency Board System, pegging the Bermudian dollar at par with the US dollar.

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.

Historic Bermudian dollar Burmese kyat