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.
01/07/2019: Redenomination of the Belarusian Ruble
Belarusian ruble undergoes another redenomination, with 10,000 old rubles being exchanged for 1 new ruble.
01/12/2016: Introduction of new 20 and 50 ruble banknotes
New banknotes with improved security features and modern designs are introduced in denominations of 20 and 50 rubles.
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.
20/05/2009: Devaluation of the Belarusian Ruble
Due to economic crisis, the Belarusian ruble devalues by approximately 20% against major foreign currencies.
28/05/2000: Introduction of New Coins
New coins, denominated in kopeks, are introduced alongside the ruble banknotes.
30/06/1998: Introduction of New Banknotes
New series of banknotes is introduced, featuring improved security features and designs.
24/05/1994: Belarusian Ruble Redenomination
To stabilize the currency, the Belarusian ruble undergoes a redenomination, with 10,000 old rubles being exchanged for 1 new ruble.
20/05/1992: Introduction of the Belarusian Ruble
The Belarusian Ruble is introduced as the official currency of Belarus, replacing the Soviet ruble at a rate of 1 Belarusian ruble to 10 Soviet rubles.
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.
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.