Historic Moroccan dirham Burmese kyat

Moroccan dirham burmese kyat history for February 2024. The highest quote for this month is 213.84 (13/02/2024) and the lowest 214.14 (12/02/2024). The difference between high and low is -0.14.

MAD MMK average rate for February 2024 is 208.9363, the change between 01/02/2024 and 29/02/2024 is -1.96 %.

01 February 20241 MAD = 207.6 MMK
02 February 20241 MAD = 207.8 MMK
03 February 20241 MAD = 208.6 MMK
04 February 20241 MAD = 208.6 MMK
05 February 20241 MAD = 215.0 MMK
06 February 20241 MAD = 213.4 MMK
07 February 20241 MAD = 206.6 MMK
08 February 20241 MAD = 206.8 MMK
09 February 20241 MAD = 207.2 MMK
12 February 20241 MAD = 214.1 MMK
13 February 20241 MAD = 207.2 MMK
14 February 20241 MAD = 206.6 MMK
15 February 20241 MAD = 206.5 MMK
16 February 20241 MAD = 206.7 MMK
17 February 20241 MAD = 208.1 MMK
18 February 20241 MAD = 208.1 MMK
19 February 20241 MAD = 213.4 MMK
20 February 20241 MAD = 212.9 MMK
21 February 20241 MAD = 206.3 MMK
22 February 20241 MAD = 206.4 MMK
23 February 20241 MAD = 206.9 MMK
24 February 20241 MAD = 208.3 MMK
25 February 20241 MAD = 208.3 MMK
26 February 20241 MAD = 213.8 MMK
27 February 20241 MAD = 207.6 MMK
28 February 20241 MAD = 206.7 MMK
29 February 20241 MAD = 211.7 MMK

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

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.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

01/12/1964: Kyat Revalued

The Burmese kyat underwent a major revaluation, with 1 new kyat replacing 100 old kyats to combat inflation.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

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.
MAD MMK July 2023
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MAD MMK February 2024
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