Burmese kyat pound sterling exchange rate history (MMK GBP) January 2024

Burmese kyat pound sterling history for January 2024. The highest quote for this month is 0.000381 (02/01/2024) and the lowest 0.00038 (03/01/2024). The difference between high and low is 0.26.

MMK GBP average rate for January 2024 is 0.00038, the change between 01/01/2024 and 31/01/2024 is -0.53 %.

01 January 2024	1 MMK = 0.0004 GBP
02 January 2024	1 MMK = 0.0004 GBP
03 January 2024	1 MMK = 0.0004 GBP
04 January 2024	1 MMK = 0.0004 GBP
05 January 2024	1 MMK = 0.0004 GBP
07 January 2024	1 MMK = 0.0004 GBP
08 January 2024	1 MMK = 0.0004 GBP
09 January 2024	1 MMK = 0.0004 GBP
10 January 2024	1 MMK = 0.0004 GBP
11 January 2024	1 MMK = 0.0004 GBP
12 January 2024	1 MMK = 0.0004 GBP
14 January 2024	1 MMK = 0.0004 GBP
15 January 2024	1 MMK = 0.0004 GBP
16 January 2024	1 MMK = 0.0004 GBP
17 January 2024	1 MMK = 0.0004 GBP
18 January 2024	1 MMK = 0.0004 GBP
19 January 2024	1 MMK = 0.0004 GBP
22 January 2024	1 MMK = 0.0004 GBP
23 January 2024	1 MMK = 0.0004 GBP
24 January 2024	1 MMK = 0.0004 GBP
25 January 2024	1 MMK = 0.0004 GBP
26 January 2024	1 MMK = 0.0004 GBP
28 January 2024	1 MMK = 0.0004 GBP
29 January 2024	1 MMK = 0.0004 GBP
30 January 2024	1 MMK = 0.0004 GBP
31 January 2024	1 MMK = 0.0004 GBP

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.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

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.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal 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.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.

Historic Burmese kyat Pound sterling