Historic Danish Krone Burmese kyat

Danish Krone burmese kyat history for September 2023. The highest quote for this month is 302.55 (04/09/2023) and the lowest 303.65 (01/09/2023). The difference between high and low is -0.36.

DKK MMK average rate for September 2023 is 298.04409, the change between 01/09/2023 and 30/09/2023 is +2.67 %.

01 September 20231 DKK = 302.6 MMK
04 September 20231 DKK = 302.1 MMK
05 September 20231 DKK = 301.4 MMK
06 September 20231 DKK = 299.7 MMK
07 September 20231 DKK = 298.9 MMK
08 September 20231 DKK = 298.1 MMK
11 September 20231 DKK = 298.5 MMK
12 September 20231 DKK = 299.2 MMK
13 September 20231 DKK = 299.9 MMK
14 September 20231 DKK = 299.3 MMK
15 September 20231 DKK = 296.6 MMK
18 September 20231 DKK = 297.0 MMK
19 September 20231 DKK = 298.2 MMK
20 September 20231 DKK = 298.0 MMK
21 September 20231 DKK = 297.3 MMK
22 September 20231 DKK = 297.6 MMK
23 September 20231 DKK = 299.0 MMK
25 September 20231 DKK = 295.9 MMK
26 September 20231 DKK = 295.2 MMK
27 September 20231 DKK = 294.7 MMK
28 September 20231 DKK = 293.3 MMK
29 September 20231 DKK = 294.6 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.

04/02/2021: Ending of Intervention Policy

Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.

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.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

31/12/1998: Euro peg

Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.

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.

24/03/1982: Floating Exchange Rate

Denmark switched to a floating exchange rate regime, allowing the Krone's value to be determined by 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.

21/07/1944: Bretton Woods Agreement

Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.
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