Historic Guatemalan quetzal Burmese kyat

Guatemalan quetzal burmese kyat history for August 2023. The highest quote for this month is 271.35 (23/08/2023) and the lowest 271.33 (22/08/2023). The difference between high and low is 0.01.

GTQ MMK average rate for August 2023 is 270.50346, the change between 01/08/2023 and 31/08/2023 is -0.02 %.

01 August 20231 GTQ = 271.1 MMK
02 August 20231 GTQ = 270.8 MMK
03 August 20231 GTQ = 270.8 MMK
04 August 20231 GTQ = 270.9 MMK
07 August 20231 GTQ = 270.8 MMK
08 August 20231 GTQ = 270.8 MMK
09 August 20231 GTQ = 270.7 MMK
10 August 20231 GTQ = 270.7 MMK
11 August 20231 GTQ = 270.7 MMK
12 August 20231 GTQ = 266.5 MMK
14 August 20231 GTQ = 270.7 MMK
15 August 20231 GTQ = 271.0 MMK
16 August 20231 GTQ = 271.1 MMK
17 August 20231 GTQ = 271.1 MMK
18 August 20231 GTQ = 271.1 MMK
19 August 20231 GTQ = 266.7 MMK
20 August 20231 GTQ = 266.7 MMK
21 August 20231 GTQ = 271.3 MMK
22 August 20231 GTQ = 271.3 MMK
23 August 20231 GTQ = 271.4 MMK
24 August 20231 GTQ = 271.2 MMK
25 August 20231 GTQ = 271.2 MMK
28 August 20231 GTQ = 271.1 MMK
29 August 20231 GTQ = 271.1 MMK
30 August 20231 GTQ = 271.1 MMK
31 August 20231 GTQ = 271.1 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.

14/09/2020: Centenary of the Quetzal

The Guatemalan Quetzal celebrated its centenary, marking 100 years as the national currency of Guatemala.

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.

30/05/2011: New banknotes

New banknotes were introduced to incorporate modern security features and commemorate the 20th anniversary of Quetzal's reintroduction.

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.

09/02/1987: Quetzal devaluation

The Quetzal was devalued by 66% as part of an economic stabilization plan.

13/09/1967: Decree Law 17-67

Decree Law 17-67 was enacted, establishing a fixed exchange rate between the Quetzal and the US dollar.

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.

08/04/1951: Monetary Reform

Guatemala underwent a monetary reform, with the introduction of the Quetzal as the sole currency.

25/06/1946: The Quetzalé bill

The Quetzalé bill, equivalent to 1,000 Quetzales, was introduced to combat hyperinflation.

22/06/1925: Introduction of the Quetzal

The Guatemalan Quetzal was introduced as the official currency, replacing the Guatemalan peso.