Historic Burmese kyat Euro

Burmese kyat euro history for November 2023. The highest quote for this month is 0.000457 (01/11/2023) and the lowest 0.000455 (01/11/2023). The difference between high and low is 0.44.

MMK EUR average rate for November 2023 is 0.00045, the change between 01/11/2023 and 30/11/2023 is +3.74 %.

01 November 20231 MMK = 0.0005 EUR
02 November 20231 MMK = 0.0005 EUR
03 November 20231 MMK = 0.0005 EUR
06 November 20231 MMK = 0.0005 EUR
07 November 20231 MMK = 0.0004 EUR
08 November 20231 MMK = 0.0005 EUR
09 November 20231 MMK = 0.0004 EUR
10 November 20231 MMK = 0.0005 EUR
12 November 20231 MMK = 0.0004 EUR
13 November 20231 MMK = 0.0005 EUR
14 November 20231 MMK = 0.0004 EUR
15 November 20231 MMK = 0.0004 EUR
16 November 20231 MMK = 0.0004 EUR
17 November 20231 MMK = 0.0004 EUR
19 November 20231 MMK = 0.0004 EUR
20 November 20231 MMK = 0.0004 EUR
21 November 20231 MMK = 0.0004 EUR
22 November 20231 MMK = 0.0004 EUR
23 November 20231 MMK = 0.0004 EUR
24 November 20231 MMK = 0.0004 EUR
26 November 20231 MMK = 0.0004 EUR
27 November 20231 MMK = 0.0004 EUR
28 November 20231 MMK = 0.0004 EUR
29 November 20231 MMK = 0.0004 EUR
30 November 20231 MMK = 0.0004 EUR

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.

13/07/2015: Greek debt bailout agreement

A third bailout deal was reached between Greece and its creditors, avoiding a potential Greek exit from the Eurozone.

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.

02/05/2010: Greek debt crisis

Greece's financial crisis threatened the stability of the Eurozone, requiring massive bailout packages to prevent a default.

15/10/2008: Global financial crisis

The Euro faced significant economic challenges following the collapse of Lehman Brothers, leading to a recession in many Eurozone countries.

01/05/2004: Eurozone expansion

10 more countries joined the Eurozone, bringing the total number of participating countries to 24.

01/01/2002: Euro banknotes and coins

Physical banknotes and coins in Euro were introduced, replacing national currencies in 12 European countries.

01/01/1999: Introduction of the Euro

The Euro was officially introduced as an electronic currency for banking and financial transactions.

07/02/1992: The Maastricht Treaty

The treaty was signed, which officially established the European Union and laid the groundwork for the creation of the Euro.

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.