Historic Burmese kyat Egyptian Pound

Burmese kyat egyptian pound history for February 2024. The highest quote for this month is 0.014876 (15/02/2024) and the lowest 0.014882 (02/02/2024). The difference between high and low is -0.04.

MMK EGP average rate for February 2024 is 0.01482, the change between 01/02/2024 and 29/02/2024 is -0.14 %.

01 February 20241 MMK = 0.0149 EGP
02 February 20241 MMK = 0.0148 EGP
03 February 20241 MMK = 0.0147 EGP
04 February 20241 MMK = 0.0147 EGP
05 February 20241 MMK = 0.0148 EGP
06 February 20241 MMK = 0.0148 EGP
07 February 20241 MMK = 0.0148 EGP
08 February 20241 MMK = 0.0148 EGP
09 February 20241 MMK = 0.0148 EGP
12 February 20241 MMK = 0.0148 EGP
13 February 20241 MMK = 0.0148 EGP
14 February 20241 MMK = 0.0148 EGP
15 February 20241 MMK = 0.0148 EGP
16 February 20241 MMK = 0.0149 EGP
17 February 20241 MMK = 0.0147 EGP
18 February 20241 MMK = 0.0147 EGP
19 February 20241 MMK = 0.0148 EGP
20 February 20241 MMK = 0.0148 EGP
21 February 20241 MMK = 0.0149 EGP
22 February 20241 MMK = 0.0148 EGP
23 February 20241 MMK = 0.0148 EGP
24 February 20241 MMK = 0.0147 EGP
25 February 20241 MMK = 0.0148 EGP
26 February 20241 MMK = 0.0149 EGP
27 February 20241 MMK = 0.0149 EGP
28 February 20241 MMK = 0.0148 EGP
29 February 20241 MMK = 0.0149 EGP

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.

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

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.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

01/12/1964: Kyat Revalued

The Burmese kyat underwent a major revaluation, with 1 new kyat replacing 100 old kyats to combat inflation.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

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.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.
MMK EGP January 2024
MMK EGP February 2024
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