Historic Burmese kyat Colombian Peso

Burmese kyat colombian peso history for February 2024. The highest quote for this month is 1.9061 (26/02/2024) and the lowest 1.9027 (07/02/2024). The difference between high and low is 0.18.

MMK COP average rate for February 2024 is 1.88272, the change between 01/02/2024 and 29/02/2024 is -0.23 %.

01 February 20241 MMK = 1.886 COP
02 February 20241 MMK = 1.869 COP
03 February 20241 MMK = 1.881 COP
04 February 20241 MMK = 1.881 COP
05 February 20241 MMK = 1.847 COP
06 February 20241 MMK = 1.903 COP
07 February 20241 MMK = 1.898 COP
08 February 20241 MMK = 1.901 COP
09 February 20241 MMK = 1.896 COP
12 February 20241 MMK = 1.874 COP
13 February 20241 MMK = 1.881 COP
14 February 20241 MMK = 1.887 COP
15 February 20241 MMK = 1.882 COP
16 February 20241 MMK = 1.880 COP
17 February 20241 MMK = 1.866 COP
18 February 20241 MMK = 1.866 COP
19 February 20241 MMK = 1.858 COP
20 February 20241 MMK = 1.884 COP
21 February 20241 MMK = 1.883 COP
22 February 20241 MMK = 1.887 COP
23 February 20241 MMK = 1.887 COP
24 February 20241 MMK = 1.894 COP
25 February 20241 MMK = 1.894 COP
26 February 20241 MMK = 1.867 COP
27 February 20241 MMK = 1.904 COP
28 February 20241 MMK = 1.890 COP
29 February 20241 MMK = 1.890 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.
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