Guyanese dollar burmese kyat exchange rate history (GYD MMK) August 2023

Guyanese dollar burmese kyat history for August 2023. The highest quote for this month is 10.4 (28/08/2023) and the lowest 10.401 (25/08/2023). The difference between high and low is -0.01.

GYD MMK average rate for August 2023 is 10.35185, the change between 01/08/2023 and 31/08/2023 is +0.04 %.

01 August 2023	1 GYD = 10.39 MMK
02 August 2023	1 GYD = 10.39 MMK
03 August 2023	1 GYD = 10.39 MMK
04 August 2023	1 GYD = 10.40 MMK
07 August 2023	1 GYD = 10.40 MMK
08 August 2023	1 GYD = 10.39 MMK
09 August 2023	1 GYD = 10.39 MMK
10 August 2023	1 GYD = 10.39 MMK
11 August 2023	1 GYD = 10.39 MMK
12 August 2023	1 GYD = 10.07 MMK
14 August 2023	1 GYD = 10.39 MMK
15 August 2023	1 GYD = 10.40 MMK
16 August 2023	1 GYD = 10.30 MMK
17 August 2023	1 GYD = 10.40 MMK
18 August 2023	1 GYD = 10.40 MMK
19 August 2023	1 GYD = 10.07 MMK
20 August 2023	1 GYD = 10.07 MMK
21 August 2023	1 GYD = 10.39 MMK
22 August 2023	1 GYD = 10.40 MMK
23 August 2023	1 GYD = 10.39 MMK
24 August 2023	1 GYD = 10.40 MMK
25 August 2023	1 GYD = 10.39 MMK
28 August 2023	1 GYD = 10.40 MMK
29 August 2023	1 GYD = 10.40 MMK
30 August 2023	1 GYD = 10.39 MMK
31 August 2023	1 GYD = 10.39 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.

01/01/2020: Transition to Polymer Banknotes

Polymer banknotes were introduced in Guyana, enhancing the durability and security features of the Guyanese dollar.

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.

03/02/2003: Redenomination of the Currency

The Guyanese dollar underwent a redenomination, with old banknotes replaced by new notes at a rate of 1,000 old dollars to 1 new dollar.

05/10/1992: Resumption of Banking System

The resumption of the banking system in Guyana significantly improved the stability and accessibility of the Guyanese dollar.

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.

26/05/1966: Independence of Guyana

Following Guyana's independence from Britain, the currency was renamed from British Guiana dollar to Guyanese 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.

12/09/1951: Currency Board Established

A Currency Board was established to manage the British Guiana dollar, ensuring its stability and convertibility.

06/08/1917: Currency Act of 1917

The British Guiana dollar was revalued at a rate of 4.80 dollars to 1 U.S. dollar, following the Currency Act of 1917.

18/01/1839: Introduction of the British Guiana dollar

British Guiana dollar introduced as the official currency of British Guiana, replacing the Spanish and Portuguese coins previously in circulation.

Historic Guyanese dollar Burmese kyat