Historic Burmese kyat Bahamian dollar

Burmese kyat bahamian dollar history for November 2023. The highest quote for this month is 0.000478 (01/11/2023) and the lowest 0.000478 (01/11/2023). The difference between high and low is 0.

MMK BSD average rate for November 2023 is 0.00048, the change between 01/11/2023 and 30/11/2023 is 0 %.

01 November 20231 MMK = 0.0005 BSD
02 November 20231 MMK = 0.0005 BSD
03 November 20231 MMK = 0.0005 BSD
06 November 20231 MMK = 0.0005 BSD
07 November 20231 MMK = 0.0005 BSD
08 November 20231 MMK = 0.0005 BSD
09 November 20231 MMK = 0.0005 BSD
10 November 20231 MMK = 0.0005 BSD
12 November 20231 MMK = 0.0005 BSD
13 November 20231 MMK = 0.0005 BSD
14 November 20231 MMK = 0.0005 BSD
15 November 20231 MMK = 0.0005 BSD
16 November 20231 MMK = 0.0005 BSD
17 November 20231 MMK = 0.0005 BSD
18 November 20231 MMK = 0.0005 BSD
19 November 20231 MMK = 0.0005 BSD
20 November 20231 MMK = 0.0005 BSD
21 November 20231 MMK = 0.0005 BSD
22 November 20231 MMK = 0.0005 BSD
23 November 20231 MMK = 0.0005 BSD
24 November 20231 MMK = 0.0005 BSD
26 November 20231 MMK = 0.0005 BSD
27 November 20231 MMK = 0.0005 BSD
28 November 20231 MMK = 0.0005 BSD
29 November 20231 MMK = 0.0005 BSD
30 November 20231 MMK = 0.0005 BSD

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.

29/12/2014: Introduction of new Bahamian dollar variants

New variants of the Bahamian dollar banknotes, featuring improved security features, were introduced to combat counterfeit money.

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.

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.

27/12/1974: Devaluation of the Bahamian dollar

The Bahamian dollar was devalued by 50% to stimulate the country's tourism industry and boost its economy.

10/07/1973: Independence from British rule

The Bahamas gained independence from British rule, maintaining the Bahamian dollar as its currency.

09/09/1969: Currency Board Agreement

The Bahamas entered into a Currency Board Agreement with the Eastern Caribbean Currency Authority, establishing fixed exchange rates for their currencies.

01/01/1966: Introduction of the Bahamian dollar

The Bahamian dollar was introduced, replacing the British pound as the official currency of the Bahamas.

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.

06/08/1866: Adoption of the British pound

The Bahamas officially adopted the British pound sterling as their currency, replacing the Bahamian pound.

06/06/1853: Introduction of the Bahamian pound

The Bahamian pound was introduced as the official currency of the Bahamas, replacing the Spanish dollar.