Historic Comorian Franc Burmese kyat

Comorian Franc burmese kyat history for February 2024. The highest quote for this month is 4.609 (05/02/2024) and the lowest 26.588 (16/02/2024). The difference between high and low is -476.87.

KMF MMK average rate for February 2024 is 4.57027, the change between 01/02/2024 and 29/02/2024 is +0.09 %.

01 February 20241 KMF = 4.577 MMK
02 February 20241 KMF = 4.590 MMK
03 February 20241 KMF = 4.591 MMK
04 February 20241 KMF = 4.591 MMK
05 February 20241 KMF = 4.603 MMK
06 February 20241 KMF = 4.566 MMK
07 February 20241 KMF = 4.544 MMK
08 February 20241 KMF = 4.552 MMK
09 February 20241 KMF = 4.557 MMK
12 February 20241 KMF = 4.556 MMK
13 February 20241 KMF = 4.560 MMK
14 February 20241 KMF = 4.527 MMK
15 February 20241 KMF = 4.535 MMK
16 February 20241 KMF = 4.549 MMK
17 February 20241 KMF = 4.572 MMK
18 February 20241 KMF = 4.572 MMK
19 February 20241 KMF = 4.551 MMK
20 February 20241 KMF = 4.560 MMK
21 February 20241 KMF = 4.569 MMK
22 February 20241 KMF = 4.568 MMK
23 February 20241 KMF = 4.578 MMK
24 February 20241 KMF = 4.608 MMK
25 February 20241 KMF = 4.608 MMK
26 February 20241 KMF = 4.572 MMK
27 February 20241 KMF = 4.586 MMK
28 February 20241 KMF = 4.586 MMK
29 February 20241 KMF = 4.573 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.

18/01/2021: Suspension of Eco adoption

The Central Bank of the Comoros suspended the adoption of the Eco currency, retaining the Comorian Franc as the official currency.

01/01/2019: Replacement of the Franc by the Eco

Comoros agreed to replace the Comorian Franc with the proposed Eco currency, along with other West African countries.

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.

01/07/1997: Revaluation of the Comorian Franc

The Comorian Franc was revalued at a ratio of 1 new Franc to 75 old Francs, reducing the value of the currency.

20/06/1994: Introduction of the New Comorian Franc

Comoros introduced a new series of banknotes and coins, replacing the old Comorian Franc.

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.

01/01/1976: Establishment of the Central Bank of Comoros

The Central Bank of Comoros was established to manage the monetary policies and issue the Comorian Franc.

06/07/1975: Independence of Comoros

Comoros gained independence from France, but continued using the Comorian Franc as its 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.

01/01/1920: Introduction of the Comorian Franc

The Comorian Franc was introduced as the official currency of Comoros by the French colonial administration.
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