Canadian dollar burmese kyat exchange rate history (CAD MMK) February 2024

Canadian dollar burmese kyat history for February 2024. The highest quote for this month is 1555.48 (03/02/2024) and the lowest 1556.76 (04/02/2024). The difference between high and low is -0.08.

CAD MMK average rate for February 2024 is 1544.33556, the change between 01/02/2024 and 29/02/2024 is +1.07 %.

01 February 2024	1 CAD = 1545.15 MMK
02 February 2024	1 CAD = 1553.48 MMK
03 February 2024	1 CAD = 1555.48 MMK
04 February 2024	1 CAD = 1556.64 MMK
05 February 2024	1 CAD = 1558.17 MMK
06 February 2024	1 CAD = 1537.30 MMK
07 February 2024	1 CAD = 1542.64 MMK
08 February 2024	1 CAD = 1544.77 MMK
09 February 2024	1 CAD = 1545.88 MMK
12 February 2024	1 CAD = 1543.81 MMK
13 February 2024	1 CAD = 1545.34 MMK
14 February 2024	1 CAD = 1533.03 MMK
15 February 2024	1 CAD = 1535.92 MMK
16 February 2024	1 CAD = 1543.73 MMK
17 February 2024	1 CAD = 1552.71 MMK
18 February 2024	1 CAD = 1552.25 MMK
19 February 2024	1 CAD = 1543.06 MMK
20 February 2024	1 CAD = 1540.36 MMK
21 February 2024	1 CAD = 1538.12 MMK
22 February 2024	1 CAD = 1540.72 MMK
23 February 2024	1 CAD = 1543.26 MMK
24 February 2024	1 CAD = 1550.30 MMK
25 February 2024	1 CAD = 1551.45 MMK
26 February 2024	1 CAD = 1538.35 MMK
27 February 2024	1 CAD = 1540.09 MMK
28 February 2024	1 CAD = 1536.46 MMK
29 February 2024	1 CAD = 1528.59 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.

23/04/2015: Foreign Exchange Market Liberalization

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

07/11/2013: Change in banknote design and security features

The Bank of Canada introduced new polymer banknotes with enhanced security features and redesigned motifs, replacing the paper-based notes in circulation since 1935.

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.

01/04/1990: 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.

15/08/1971: Canada switches to a floating exchange rate

Canada abandoned its fixed exchange rate system and adopted a floating exchange rate, allowing the value of the Canadian dollar to fluctuate in response to market forces.

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.

01/03/1950: Introduction of the Canadian dollar's decimalization

Canada adopted a decimal currency system, dividing the dollar into 100 cents, replacing the previous system based on pounds, shillings, and pence.

01/01/1933: Currency depreciation during the Great Depression

The Canadian dollar experienced significant depreciation during the Great Depression due to economic uncertainty and a decrease in international trade.

02/01/1914: Introduction of the Canadian Dollar Act

The Canadian Dollar Act established the Canadian dollar as the sole currency of Canada and gave the government control over its issuance.

01/01/1858: Introduction of the Canadian dollar

The Canadian pound was replaced by the Canadian dollar as the official currency of Canada, helping to unify the currency across the country.

01/01/1841: Introduction of the Canadian pound

The first Canadian currency was the Canadian pound, which was introduced to replace British pounds in the Province of Canada.

Historic Canadian dollar Burmese kyat