Burmese kyat bermudian dollar exchange rate history (MMK BMD) August 2023

Burmese kyat bermudian dollar history for August 2023. The highest quote for this month is 0.000481 (04/08/2023) and the lowest 0.000484 (07/08/2023). The difference between high and low is -0.62.

MMK BMD average rate for August 2023 is 0.00048, the change between 01/08/2023 and 31/08/2023 is -0.21 %.

01 August 2023	1 MMK = 0.0005 BMD
02 August 2023	1 MMK = 0.0005 BMD
03 August 2023	1 MMK = 0.0005 BMD
04 August 2023	1 MMK = 0.0005 BMD
07 August 2023	1 MMK = 0.0005 BMD
08 August 2023	1 MMK = 0.0005 BMD
09 August 2023	1 MMK = 0.0005 BMD
10 August 2023	1 MMK = 0.0005 BMD
11 August 2023	1 MMK = 0.0005 BMD
12 August 2023	1 MMK = 0.0005 BMD
14 August 2023	1 MMK = 0.0005 BMD
15 August 2023	1 MMK = 0.0005 BMD
16 August 2023	1 MMK = 0.0005 BMD
17 August 2023	1 MMK = 0.0005 BMD
18 August 2023	1 MMK = 0.0005 BMD
20 August 2023	1 MMK = 0.0005 BMD
21 August 2023	1 MMK = 0.0005 BMD
22 August 2023	1 MMK = 0.0005 BMD
23 August 2023	1 MMK = 0.0005 BMD
24 August 2023	1 MMK = 0.0005 BMD
25 August 2023	1 MMK = 0.0005 BMD
28 August 2023	1 MMK = 0.0005 BMD
29 August 2023	1 MMK = 0.0005 BMD
30 August 2023	1 MMK = 0.0005 BMD
31 August 2023	1 MMK = 0.0005 BMD

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.

01/01/2019: Switch to the Bermuda dollar symbol

Bermuda officially adopted a new currency symbol for the Bermudian dollar, replacing the British pound sign used previously.

23/04/2015: Foreign Exchange Market Liberalization

Restrictions on foreign exchange were lifted, allowing a more liberalized foreign exchange market in Myanmar.

16/03/2015: Redesign of banknotes

The Bermuda Monetary Authority unveiled a redesigned series of banknotes featuring enhanced security features and updated designs.

01/05/2012: Introduction of polymer banknotes

Bermuda introduced polymer banknotes to replace paper currency for better durability and security.

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.

01/01/1997: Incorporation into Federal Reserve System

The US Federal Reserve System incorporated the Bermuda Monetary Authority into its banking system.

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.

06/01/1982: New notes and coins

Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.

25/02/1972: Introduction of decimal coins

Bermuda introduced a decimal currency system, replacing the old pounds, shillings, and pence.

06/07/1970: Currency Board Agreement

Bermuda established a Currency Board System, pegging the Bermudian dollar at par with the US dollar.

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 Bermudian dollar