Burmese kyat bangladeshi taka exchange rate history (MMK BDT) August 2023

Burmese kyat bangladeshi taka history for August 2023. The highest quote for this month is 0.052254 (19/08/2023) and the lowest 0.052254 (19/08/2023). The difference between high and low is 0.

MMK BDT average rate for August 2023 is 0.0518, the change between 01/08/2023 and 31/08/2023 is -0.68 %.

01 August 2023	1 MMK = 0.0514 BDT
02 August 2023	1 MMK = 0.0514 BDT
03 August 2023	1 MMK = 0.0518 BDT
04 August 2023	1 MMK = 0.0516 BDT
07 August 2023	1 MMK = 0.0516 BDT
08 August 2023	1 MMK = 0.0518 BDT
09 August 2023	1 MMK = 0.0518 BDT
10 August 2023	1 MMK = 0.0518 BDT
11 August 2023	1 MMK = 0.0518 BDT
12 August 2023	1 MMK = 0.0519 BDT
14 August 2023	1 MMK = 0.0518 BDT
15 August 2023	1 MMK = 0.0518 BDT
16 August 2023	1 MMK = 0.0518 BDT
17 August 2023	1 MMK = 0.0518 BDT
18 August 2023	1 MMK = 0.0518 BDT
19 August 2023	1 MMK = 0.0523 BDT
20 August 2023	1 MMK = 0.0523 BDT
21 August 2023	1 MMK = 0.0518 BDT
22 August 2023	1 MMK = 0.0518 BDT
23 August 2023	1 MMK = 0.0517 BDT
24 August 2023	1 MMK = 0.0518 BDT
25 August 2023	1 MMK = 0.0517 BDT
28 August 2023	1 MMK = 0.0517 BDT
29 August 2023	1 MMK = 0.0517 BDT
30 August 2023	1 MMK = 0.0518 BDT
31 August 2023	1 MMK = 0.0517 BDT

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.

20/03/2020: Banned Old Notes

Bangladesh bans the circulation of old 1000 Taka notes to combat counterfeit currency and encourage the use of new security-enhanced banknotes.

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.

12/06/2011: Denomination Revamp

Bangladesh revalues its currency by dropping two zeros from the denominations, making 1000 Taka equal to 10 Taka.

01/07/2007: Introduction of Polymer Banknotes

Bangladesh introduces polymer banknotes for the first time, enhancing durability, security, and public acceptance of the Bangladeshi Taka.

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.

02/03/1976: Introduction of Decimal System

Bangladesh transitions from the Indian Rupee-based monetary system to the decimal-based system, resulting in the issuance of new banknotes and coins.

15/08/1975: Assassination of Sheikh Mujibur Rahman

The assassination of Sheikh Mujibur Rahman, the founding father of Bangladesh and the advocate for the Bangladeshi Taka, creates political instability and economic challenges.

04/01/1972: Introduction of Bangladeshi Taka

The Bangladeshi Taka is introduced as the national currency replacing the Pakistani Rupee at par.

25/03/1971: Declaration of Independence

Bangladesh declares independence from Pakistan, leading to the establishment of the Bangladeshi Taka 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.

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.

Historic Burmese kyat Bangladeshi Taka