Historic Brunei dollar Burmese kyat

Brunei dollar burmese kyat history for February 2024. The highest quote for this month is 1584.81 (02/02/2024) and the lowest 1577.75 (02/02/2024). The difference between high and low is 0.45.

BND MMK average rate for February 2024 is 1570.56185, the change between 01/02/2024 and 29/02/2024 is +0.45 %.

01 February 20241 BND = 1578.92 MMK
02 February 20241 BND = 1577.74 MMK
03 February 20241 BND = 1560.35 MMK
04 February 20241 BND = 1560.35 MMK
05 February 20241 BND = 1584.82 MMK
06 February 20241 BND = 1572.52 MMK
07 February 20241 BND = 1572.21 MMK
08 February 20241 BND = 1575.73 MMK
09 February 20241 BND = 1571.66 MMK
12 February 20241 BND = 1572.04 MMK
13 February 20241 BND = 1573.42 MMK
14 February 20241 BND = 1573.15 MMK
15 February 20241 BND = 1567.70 MMK
16 February 20241 BND = 1570.52 MMK
17 February 20241 BND = 1555.25 MMK
18 February 20241 BND = 1555.95 MMK
19 February 20241 BND = 1572.25 MMK
20 February 20241 BND = 1572.48 MMK
21 February 20241 BND = 1573.17 MMK
22 February 20241 BND = 1573.79 MMK
23 February 20241 BND = 1577.88 MMK
24 February 20241 BND = 1559.19 MMK
25 February 20241 BND = 1559.19 MMK
26 February 20241 BND = 1573.73 MMK
27 February 20241 BND = 1574.18 MMK
28 February 20241 BND = 1575.10 MMK
29 February 20241 BND = 1571.88 MMK

01/01/2022: Removal of monarchy symbol

Brunei currency no longer featured the portrait of the Sultan as part of efforts to modernize the banknotes.

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.

21/07/2017: Commencement of New Series Polymer Banknotes

New series of polymer banknotes with modern designs entered circulation.

23/04/2015: Foreign Exchange Market Liberalization

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

05/05/2013: Upgrade of polymer banknotes

Introduction of new polymer banknotes with enhanced security features.

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.

01/07/2011: Introduction of Brunei-Indonesia Currency Agreement

Brunei dollar became interchangeable with Indonesian rupiah in specified regions.

18/03/1996: Change in currency regime

Brunei dollar became fully backed by foreign exchange reserves instead of gold.

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.

12/06/1973: Establishment of Brunei Currency Board

Currency Board assumed responsibility for the issuance and management of Brunei dollar.

27/07/1967: Introduction of Brunei and Singapore Currency Interchangeability Agreement

Brunei and Singapore dollars became interchangeable at par.

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.