Historic Moroccan dirham Burmese kyat

Moroccan dirham burmese kyat history for November 2023. The highest quote for this month is 211.87 (22/11/2023) and the lowest 213.46 (30/11/2023). The difference between high and low is -0.75.

MAD MMK average rate for November 2023 is 206.44885, the change between 01/11/2023 and 30/11/2023 is -2.42 %.

01 November 20231 MAD = 202.2 MMK
02 November 20231 MAD = 201.7 MMK
03 November 20231 MAD = 209.1 MMK
06 November 20231 MAD = 208.7 MMK
07 November 20231 MAD = 203.8 MMK
08 November 20231 MAD = 203.2 MMK
09 November 20231 MAD = 204.3 MMK
10 November 20231 MAD = 203.4 MMK
12 November 20231 MAD = 205.0 MMK
13 November 20231 MAD = 209.6 MMK
14 November 20231 MAD = 203.7 MMK
15 November 20231 MAD = 205.1 MMK
16 November 20231 MAD = 205.0 MMK
17 November 20231 MAD = 205.0 MMK
18 November 20231 MAD = 206.2 MMK
19 November 20231 MAD = 206.2 MMK
20 November 20231 MAD = 211.6 MMK
21 November 20231 MAD = 205.3 MMK
22 November 20231 MAD = 205.2 MMK
23 November 20231 MAD = 211.7 MMK
24 November 20231 MAD = 212.0 MMK
26 November 20231 MAD = 207.5 MMK
27 November 20231 MAD = 212.1 MMK
28 November 20231 MAD = 206.3 MMK
29 November 20231 MAD = 207.0 MMK
30 November 20231 MAD = 207.1 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.
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