Hungarian forint burmese kyat exchange rate history (HUF MMK) December 2023

Hungarian forint burmese kyat history for December 2023. The highest quote for this month is 6.0564 (24/12/2023) and the lowest 6.0703 (23/12/2023). The difference between high and low is -0.23.

HUF MMK average rate for December 2023 is 5.96927, the change between 01/12/2023 and 31/12/2023 is -1.43 %.

01 December 2023	1 HUF = 5.96 MMK
02 December 2023	1 HUF = 6.02 MMK
03 December 2023	1 HUF = 6.02 MMK
04 December 2023	1 HUF = 5.99 MMK
05 December 2023	1 HUF = 5.94 MMK
06 December 2023	1 HUF = 5.91 MMK
07 December 2023	1 HUF = 5.90 MMK
08 December 2023	1 HUF = 5.89 MMK
10 December 2023	1 HUF = 5.91 MMK
11 December 2023	1 HUF = 5.90 MMK
12 December 2023	1 HUF = 5.85 MMK
13 December 2023	1 HUF = 5.88 MMK
14 December 2023	1 HUF = 5.97 MMK
15 December 2023	1 HUF = 6.03 MMK
16 December 2023	1 HUF = 5.97 MMK
17 December 2023	1 HUF = 5.97 MMK
18 December 2023	1 HUF = 5.97 MMK
19 December 2023	1 HUF = 5.91 MMK
20 December 2023	1 HUF = 5.94 MMK
21 December 2023	1 HUF = 5.93 MMK
22 December 2023	1 HUF = 5.99 MMK
23 December 2023	1 HUF = 6.06 MMK
24 December 2023	1 HUF = 6.06 MMK
25 December 2023	1 HUF = 6.03 MMK
26 December 2023	1 HUF = 6.02 MMK
27 December 2023	1 HUF = 6.03 MMK
28 December 2023	1 HUF = 6.05 MMK
29 December 2023	1 HUF = 6.05 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.

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.

09/03/2012: Introduction of New Banknotes

Hungary introduced new banknotes with enhanced security features, aiming to combat counterfeiting and improve the forint's credibility.

23/10/2008: Global Financial Crisis

The global financial crisis had a significant impact on the Hungarian forint, resulting in a significant depreciation against major foreign currencies.

01/05/2004: Accession to the European Union

Hungary joined the European Union, bringing the forint closer to the eurozone and influencing its future trajectory as an EU currency.

28/02/2001: Currency Exchange Rate Stability

The Hungarian government adopted a policy of maintaining a stable exchange rate for the forint against the euro, contributing to the currency's stability.

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.

16/06/1989: Transition to a Market Economy

Hungary implemented economic reforms, including the transition from a planned economy to a market economy, with significant impacts on the forint's value and exchange rate.

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.

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.

20/08/1949: Forint becomes a planned economy currency

Hungary's currency, including the forint, became part of the planned socialist economy under the control of the Hungarian Workers' Party.

03/08/1946: Introduction of the Forint

The forint was introduced as the official currency of Hungary, replacing the previous pengő, which had been severely devalued during World War II.

Historic Hungarian forint Burmese kyat