Historic Colombian Peso Burmese kyat

Colombian Peso burmese kyat history for September 2023. The highest quote for this month is 0.53304 (15/09/2023) and the lowest 0.53917 (19/09/2023). The difference between high and low is -1.15.

COP MMK average rate for September 2023 is 0.51974, the change between 01/09/2023 and 30/09/2023 is -0.89 %.

01 September 20231 COP = 0.5090 MMK
04 September 20231 COP = 0.5144 MMK
05 September 20231 COP = 0.5134 MMK
06 September 20231 COP = 0.5099 MMK
07 September 20231 COP = 0.5113 MMK
08 September 20231 COP = 0.5162 MMK
11 September 20231 COP = 0.5173 MMK
12 September 20231 COP = 0.5210 MMK
13 September 20231 COP = 0.5223 MMK
14 September 20231 COP = 0.5253 MMK
15 September 20231 COP = 0.5308 MMK
18 September 20231 COP = 0.5285 MMK
19 September 20231 COP = 0.5337 MMK
20 September 20231 COP = 0.5303 MMK
21 September 20231 COP = 0.5326 MMK
22 September 20231 COP = 0.5279 MMK
23 September 20231 COP = 0.5256 MMK
24 September 20231 COP = 0.5243 MMK
25 September 20231 COP = 0.5200 MMK
26 September 20231 COP = 0.5172 MMK
27 September 20231 COP = 0.5114 MMK
28 September 20231 COP = 0.5073 MMK
29 September 20231 COP = 0.5108 MMK
30 September 20231 COP = 0.5135 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.

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

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.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high inflation.

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.

01/12/1964: Kyat Revalued

The Burmese kyat underwent a major revaluation, with 1 new kyat replacing 100 old kyats to combat inflation.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

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.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.