Historic Burmese kyat Brunei dollar

Burmese kyat brunei dollar history for August 2023. The highest quote for this month is 0.000648 (19/08/2023) and the lowest 0.000648 (19/08/2023). The difference between high and low is 0.

MMK BND average rate for August 2023 is 0.00064, the change between 01/08/2023 and 31/08/2023 is -1.91 %.

01 August 20231 MMK = 0.0006 BND
02 August 20231 MMK = 0.0006 BND
03 August 20231 MMK = 0.0006 BND
04 August 20231 MMK = 0.0006 BND
07 August 20231 MMK = 0.0006 BND
08 August 20231 MMK = 0.0006 BND
09 August 20231 MMK = 0.0006 BND
10 August 20231 MMK = 0.0006 BND
11 August 20231 MMK = 0.0006 BND
12 August 20231 MMK = 0.0006 BND
14 August 20231 MMK = 0.0006 BND
15 August 20231 MMK = 0.0006 BND
16 August 20231 MMK = 0.0006 BND
17 August 20231 MMK = 0.0006 BND
18 August 20231 MMK = 0.0006 BND
19 August 20231 MMK = 0.0006 BND
20 August 20231 MMK = 0.0006 BND
21 August 20231 MMK = 0.0006 BND
22 August 20231 MMK = 0.0006 BND
23 August 20231 MMK = 0.0006 BND
24 August 20231 MMK = 0.0006 BND
25 August 20231 MMK = 0.0006 BND
28 August 20231 MMK = 0.0006 BND
29 August 20231 MMK = 0.0006 BND
30 August 20231 MMK = 0.0006 BND
31 August 20231 MMK = 0.0006 BND

01/01/2022: Removal of monarchy symbol

Brunei currency no longer featured the portrait of the Sultan as part of efforts to modernize the banknotes.

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.

21/07/2017: Commencement of New Series Polymer Banknotes

New series of polymer banknotes with modern designs entered circulation.

23/04/2015: Foreign Exchange Market Liberalization

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

05/05/2013: Upgrade of polymer banknotes

Introduction of new polymer banknotes with enhanced security features.

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.

01/07/2011: Introduction of Brunei-Indonesia Currency Agreement

Brunei dollar became interchangeable with Indonesian rupiah in specified regions.

18/03/1996: Change in currency regime

Brunei dollar became fully backed by foreign exchange reserves instead of gold.

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.

12/06/1973: Establishment of Brunei Currency Board

Currency Board assumed responsibility for the issuance and management of Brunei dollar.

27/07/1967: Introduction of Brunei and Singapore Currency Interchangeability Agreement

Brunei and Singapore dollars became interchangeable at par.

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.
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