Pound sterling burmese kyat exchange rate history (GBP MMK) February 2024

Pound sterling burmese kyat history for February 2024. The highest quote for this month is 2653.18 (25/02/2024) and the lowest 2653.18 (25/02/2024). The difference between high and low is 0.

GBP MMK average rate for February 2024 is 2629.34087, the change between 01/02/2024 and 29/02/2024 is +0.15 %.

01 February 2024	1 GBP = 2632.03 MMK
02 February 2024	1 GBP = 2650.19 MMK
05 February 2024	1 GBP = 2649.19 MMK
06 February 2024	1 GBP = 2609.63 MMK
07 February 2024	1 GBP = 2623.31 MMK
08 February 2024	1 GBP = 2626.35 MMK
09 February 2024	1 GBP = 2626.03 MMK
12 February 2024	1 GBP = 2625.56 MMK
13 February 2024	1 GBP = 2625.64 MMK
14 February 2024	1 GBP = 2618.45 MMK
15 February 2024	1 GBP = 2613.51 MMK
16 February 2024	1 GBP = 2618.97 MMK
18 February 2024	1 GBP = 2638.24 MMK
19 February 2024	1 GBP = 2622.74 MMK
20 February 2024	1 GBP = 2617.20 MMK
21 February 2024	1 GBP = 2626.28 MMK
22 February 2024	1 GBP = 2628.10 MMK
23 February 2024	1 GBP = 2634.72 MMK
25 February 2024	1 GBP = 2653.18 MMK
26 February 2024	1 GBP = 2633.23 MMK
27 February 2024	1 GBP = 2637.52 MMK
28 February 2024	1 GBP = 2636.63 MMK
29 February 2024	1 GBP = 2628.14 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.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

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.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal 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.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.

Historic Pound sterling Burmese kyat