Burmese kyat colombian peso exchange rate history (MMK COP) August 2023

Burmese kyat colombian peso history for August 2023. The highest quote for this month is 1.9956 (04/08/2023) and the lowest 1.9826 (04/08/2023). The difference between high and low is 0.65.

MMK COP average rate for August 2023 is 1.95275, the change between 01/08/2023 and 31/08/2023 is -4.89 %.

01 August 2023	1 MMK = 1.877 COP
02 August 2023	1 MMK = 1.907 COP
03 August 2023	1 MMK = 1.940 COP
04 August 2023	1 MMK = 1.980 COP
07 August 2023	1 MMK = 1.979 COP
08 August 2023	1 MMK = 1.937 COP
09 August 2023	1 MMK = 1.947 COP
10 August 2023	1 MMK = 1.948 COP
11 August 2023	1 MMK = 1.917 COP
12 August 2023	1 MMK = 1.897 COP
14 August 2023	1 MMK = 1.898 COP
15 August 2023	1 MMK = 1.941 COP
16 August 2023	1 MMK = 1.969 COP
17 August 2023	1 MMK = 1.982 COP
18 August 2023	1 MMK = 1.969 COP
19 August 2023	1 MMK = 1.966 COP
20 August 2023	1 MMK = 1.966 COP
21 August 2023	1 MMK = 1.985 COP
22 August 2023	1 MMK = 1.954 COP
23 August 2023	1 MMK = 1.977 COP
24 August 2023	1 MMK = 1.968 COP
25 August 2023	1 MMK = 1.962 COP
28 August 2023	1 MMK = 1.980 COP
29 August 2023	1 MMK = 1.982 COP
30 August 2023	1 MMK = 1.976 COP
31 August 2023	1 MMK = 1.969 COP

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.

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

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.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high inflation.

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.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

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.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.

Historic Burmese kyat Colombian Peso