Historic Burmese kyat Czech koruna

Burmese kyat czech koruna history for December 2023. The highest quote for this month is 0.010935 (12/12/2023) and the lowest 0.010871 (13/12/2023). The difference between high and low is 0.59.

MMK CZK average rate for December 2023 is 0.01074, the change between 01/12/2023 and 31/12/2023 is +0.55 %.

01 December 20231 MMK = 0.0107 CZK
02 December 20231 MMK = 0.0106 CZK
03 December 20231 MMK = 0.0106 CZK
04 December 20231 MMK = 0.0107 CZK
05 December 20231 MMK = 0.0108 CZK
06 December 20231 MMK = 0.0108 CZK
07 December 20231 MMK = 0.0108 CZK
08 December 20231 MMK = 0.0108 CZK
10 December 20231 MMK = 0.0108 CZK
11 December 20231 MMK = 0.0108 CZK
12 December 20231 MMK = 0.0109 CZK
13 December 20231 MMK = 0.0109 CZK
14 December 20231 MMK = 0.0108 CZK
15 December 20231 MMK = 0.0107 CZK
16 December 20231 MMK = 0.0107 CZK
17 December 20231 MMK = 0.0107 CZK
18 December 20231 MMK = 0.0107 CZK
19 December 20231 MMK = 0.0108 CZK
20 December 20231 MMK = 0.0107 CZK
21 December 20231 MMK = 0.0108 CZK
22 December 20231 MMK = 0.0107 CZK
23 December 20231 MMK = 0.0106 CZK
24 December 20231 MMK = 0.0107 CZK
25 December 20231 MMK = 0.0107 CZK
26 December 20231 MMK = 0.0107 CZK
27 December 20231 MMK = 0.0107 CZK
28 December 20231 MMK = 0.0107 CZK
29 December 20231 MMK = 0.0107 CZK

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.

05/04/2016: End of currency intervention

The Czech National Bank ended its currency intervention policy, allowing the koruna to float freely and be determined by market forces.

23/04/2015: Foreign Exchange Market Liberalization

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

06/11/2013: Currency intervention

The Czech National Bank implemented a currency intervention policy to weaken the koruna and stimulate the country's economy.

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.

09/10/2008: Global financial crisis impact

The koruna experienced significant depreciation during the global financial crisis, reflecting the economic challenges faced by the Czech Republic.

30/04/2007: EU membership benefits

The Czech Republic became a member of the European Union's economic and monetary union, allowing for greater stability and cooperation for the koruna.

30/04/2004: EU Accession

The Czech Republic joined the European Union, paving the way for further integration of the koruna with European monetary policies.

30/06/1993: Currency conversion

The Czech Republic adopted a new currency regime, shifting from a fixed exchange rate to a floating exchange rate for the koruna.

07/02/1993: Establishment of Czech koruna

The Czech koruna was introduced as the official currency of the Czech Republic following the dissolution of Czechoslovakia.

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.

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.