Historic Pound sterling Burmese kyat

Pound sterling burmese kyat history for January 2024. The highest quote for this month is 2670.34 (14/01/2024) and the lowest 2670.34 (14/01/2024). The difference between high and low is 0.

GBP MMK average rate for January 2024 is 2645.01654, the change between 01/01/2024 and 31/01/2024 is +0.49 %.

01 January 20241 GBP = 2653.09 MMK
02 January 20241 GBP = 2655.24 MMK
03 January 20241 GBP = 2626.28 MMK
04 January 20241 GBP = 2633.68 MMK
05 January 20241 GBP = 2637.91 MMK
07 January 20241 GBP = 2662.70 MMK
08 January 20241 GBP = 2637.68 MMK
09 January 20241 GBP = 2649.50 MMK
10 January 20241 GBP = 2643.15 MMK
11 January 20241 GBP = 2650.74 MMK
12 January 20241 GBP = 2658.12 MMK
14 January 20241 GBP = 2670.34 MMK
15 January 20241 GBP = 2645.35 MMK
16 January 20241 GBP = 2642.21 MMK
17 January 20241 GBP = 2632.29 MMK
18 January 20241 GBP = 2636.36 MMK
19 January 20241 GBP = 2643.33 MMK
22 January 20241 GBP = 2639.33 MMK
23 January 20241 GBP = 2641.98 MMK
24 January 20241 GBP = 2638.40 MMK
25 January 20241 GBP = 2644.74 MMK
26 January 20241 GBP = 2644.25 MMK
28 January 20241 GBP = 2657.97 MMK
29 January 20241 GBP = 2643.19 MMK
30 January 20241 GBP = 2642.58 MMK
31 January 20241 GBP = 2640.02 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.
GBP MMK January 2024
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