Historic Liberian dollar Burmese kyat

Liberian dollar burmese kyat history for February 2024. The highest quote for this month is 11.114 (05/02/2024) and the lowest 11.099 (03/02/2024). The difference between high and low is 0.13.

LRD MMK average rate for February 2024 is 10.99472, the change between 01/02/2024 and 29/02/2024 is +0.45 %.

01 February 20241 LRD = 10.98 MMK
02 February 20241 LRD = 11.00 MMK
03 February 20241 LRD = 11.07 MMK
04 February 20241 LRD = 11.07 MMK
05 February 20241 LRD = 11.10 MMK
06 February 20241 LRD = 11.01 MMK
07 February 20241 LRD = 11.01 MMK
08 February 20241 LRD = 11.00 MMK
09 February 20241 LRD = 11.01 MMK
12 February 20241 LRD = 10.98 MMK
13 February 20241 LRD = 10.99 MMK
14 February 20241 LRD = 10.98 MMK
15 February 20241 LRD = 10.97 MMK
16 February 20241 LRD = 10.98 MMK
17 February 20241 LRD = 11.05 MMK
19 February 20241 LRD = 10.98 MMK
20 February 20241 LRD = 10.97 MMK
21 February 20241 LRD = 10.97 MMK
22 February 20241 LRD = 10.97 MMK
23 February 20241 LRD = 10.97 MMK
24 February 20241 LRD = 11.03 MMK
26 February 20241 LRD = 10.95 MMK
27 February 20241 LRD = 10.96 MMK
28 February 20241 LRD = 10.95 MMK
29 February 20241 LRD = 10.94 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.

29/06/2020: Introduction of New Banknotes

Liberia introduces new banknotes with enhanced security features to combat counterfeiting and improve confidence in the currency.

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.

14/10/2000: ECOWAS Intervention

ECOWAS forces intervene in Liberia, leading to improved stability and gradual recovery of the Liberian dollar.

19/07/1997: Liberian Dollar Depreciation

The Liberian dollar experiences a significant depreciation due to economic mismanagement and the aftermath of the civil war.

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.

26/01/1982: Liberian Civil War Begins

The Liberian civil war begins, leading to significant economic instability and devaluation of the Liberian 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.

23/03/1907: Liberian Dollar Pegged to US Dollar

The Liberian dollar is pegged to the U.S. dollar at a ratio of 2:1, maintaining a fixed exchange rate for many years.

10/07/1849: Introduction of Liberian Dollar

The Liberian dollar is introduced as the official currency of Liberia, replacing the use of foreign currencies in the country.

26/07/1847: Liberian Independence

Liberia declares independence from the American Colonization Society, establishing the first republic in Africa.
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