Historic Burmese kyat Danish Krone

Burmese kyat danish krone history for February 2024. The highest quote for this month is 0.003349 (13/02/2024) and the lowest 0.003339 (14/02/2024). The difference between high and low is 0.3.

MMK DKK average rate for February 2024 is 0.00332, the change between 01/02/2024 and 29/02/2024 is +0.33 %.

01 February 20241 MMK = 0.0033 DKK
02 February 20241 MMK = 0.0033 DKK
03 February 20241 MMK = 0.0033 DKK
04 February 20241 MMK = 0.0033 DKK
05 February 20241 MMK = 0.0033 DKK
06 February 20241 MMK = 0.0033 DKK
07 February 20241 MMK = 0.0033 DKK
08 February 20241 MMK = 0.0033 DKK
09 February 20241 MMK = 0.0033 DKK
12 February 20241 MMK = 0.0033 DKK
13 February 20241 MMK = 0.0033 DKK
14 February 20241 MMK = 0.0033 DKK
15 February 20241 MMK = 0.0033 DKK
16 February 20241 MMK = 0.0033 DKK
17 February 20241 MMK = 0.0033 DKK
18 February 20241 MMK = 0.0033 DKK
19 February 20241 MMK = 0.0033 DKK
20 February 20241 MMK = 0.0033 DKK
21 February 20241 MMK = 0.0033 DKK
22 February 20241 MMK = 0.0033 DKK
23 February 20241 MMK = 0.0033 DKK
25 February 20241 MMK = 0.0033 DKK
26 February 20241 MMK = 0.0033 DKK
27 February 20241 MMK = 0.0033 DKK
28 February 20241 MMK = 0.0033 DKK
29 February 20241 MMK = 0.0033 DKK

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.

04/02/2021: Ending of Intervention Policy

Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.

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.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

31/12/1998: Euro peg

Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.

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.

24/03/1982: Floating Exchange Rate

Denmark switched to a floating exchange rate regime, allowing the Krone's value to be determined by market forces.

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.

21/07/1944: Bretton Woods Agreement

Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.
MMK DKK August 2023
MMK DKK September 2023
MMK DKK October 2023
MMK DKK November 2023
MMK DKK December 2023
MMK DKK January 2024
MMK DKK February 2024
MMK DKK March 2024
MMK DKK April 2024
MMK DKK May 2024
MMK DKK June 2024
MMK DKK July 2024
MMK DKK August 2024