Burmese kyat cambodian riel exchange rate history (MMK KHR) December 2023

Burmese kyat cambodian riel history for December 2023. The highest quote for this month is 1.9737 (20/12/2023) and the lowest 1.9652 (26/12/2023). The difference between high and low is 0.43.

MMK KHR average rate for December 2023 is 1.95475, the change between 01/12/2023 and 31/12/2023 is +0.56 %.

01 December 2023	1 MMK = 1.935 KHR
02 December 2023	1 MMK = 1.959 KHR
03 December 2023	1 MMK = 1.959 KHR
04 December 2023	1 MMK = 1.934 KHR
05 December 2023	1 MMK = 1.971 KHR
06 December 2023	1 MMK = 1.974 KHR
07 December 2023	1 MMK = 1.934 KHR
08 December 2023	1 MMK = 1.972 KHR
10 December 2023	1 MMK = 1.960 KHR
11 December 2023	1 MMK = 1.934 KHR
12 December 2023	1 MMK = 1.970 KHR
13 December 2023	1 MMK = 1.931 KHR
14 December 2023	1 MMK = 1.973 KHR
15 December 2023	1 MMK = 1.974 KHR
16 December 2023	1 MMK = 1.959 KHR
17 December 2023	1 MMK = 1.959 KHR
18 December 2023	1 MMK = 1.932 KHR
19 December 2023	1 MMK = 1.972 KHR
20 December 2023	1 MMK = 1.975 KHR
21 December 2023	1 MMK = 1.971 KHR
22 December 2023	1 MMK = 1.968 KHR
23 December 2023	1 MMK = 1.954 KHR
24 December 2023	1 MMK = 1.955 KHR
25 December 2023	1 MMK = 1.929 KHR
26 December 2023	1 MMK = 1.930 KHR
27 December 2023	1 MMK = 1.963 KHR
28 December 2023	1 MMK = 1.964 KHR
29 December 2023	1 MMK = 1.924 KHR

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.

22/04/2020: COVID-19 Impact

The COVID-19 pandemic caused disruptions in the Cambodian economy, leading to a decline in the value of the Riel.

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.

04/01/2001: Riel Redenomination

The Cambodian government redenominated the Riel by removing four zeros, making it easier for transactions.

20/03/1995: Dollarization

Cambodia officially adopted a dual currency system, allowing the use of both Riel and the United States Dollar.

20/03/1994: Currency Stabilization

Cambodia implemented a new currency stabilization plan to control hyperinflation and stabilize the Riel.

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.

07/01/1979: Liberation of Cambodia

Vietnamese forces liberated Cambodia from the Khmer Rouge, leading to the reestablishment of the Riel.

17/04/1975: Khmer Rouge Regime

The Khmer Rouge regime took control of Cambodia, resulting in the abolition of currency and economic collapse.

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.

11/07/1951: Introduction of the Riel

The Riel was established as the official currency of Cambodia, replacing the French Indochinese Piastre.

Historic Burmese kyat Cambodian Riel