Historic Burmese kyat Fijian Dollar

Burmese kyat fijian dollar history for February 2024. The highest quote for this month is 0.001087 (29/02/2024) and the lowest 0.001089 (29/02/2024). The difference between high and low is -0.18.

MMK FJD average rate for February 2024 is 0.00108, the change between 01/02/2024 and 29/02/2024 is -1.58 %.

01 February 20241 MMK = 0.0011 FJD
02 February 20241 MMK = 0.0011 FJD
05 February 20241 MMK = 0.0011 FJD
06 February 20241 MMK = 0.0011 FJD
07 February 20241 MMK = 0.0011 FJD
08 February 20241 MMK = 0.0011 FJD
09 February 20241 MMK = 0.0011 FJD
12 February 20241 MMK = 0.0011 FJD
13 February 20241 MMK = 0.0011 FJD
14 February 20241 MMK = 0.0011 FJD
15 February 20241 MMK = 0.0011 FJD
16 February 20241 MMK = 0.0011 FJD
19 February 20241 MMK = 0.0011 FJD
20 February 20241 MMK = 0.0011 FJD
21 February 20241 MMK = 0.0011 FJD
22 February 20241 MMK = 0.0011 FJD
23 February 20241 MMK = 0.0011 FJD
26 February 20241 MMK = 0.0011 FJD
27 February 20241 MMK = 0.0011 FJD
28 February 20241 MMK = 0.0011 FJD
29 February 20241 MMK = 0.0011 FJD

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.

23/04/2015: Foreign Exchange Market Liberalization

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

10/10/2013: Plastic Banknotes Introduced

Polymer banknotes made of plastic were introduced to improve the durability and security of Fijian currency.

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.

28/04/2009: Floating Exchange Rate

Fiji adopted a floating exchange rate regime, allowing the value of the Fijian Dollar to be determined by 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.

14/01/1985: Currency Devaluation

Fijian Dollar was devalued by 20% to combat economic instability caused by a trade deficit.

15/01/1971: Fixed Exchange Rate

Fijian Dollar was pegged to the Australian Dollar at a fixed exchange rate of 1:1.

12/12/1969: Decimalization of Currency

Fiji switched from the pound system to decimal currency, introducing the Fijian Dollar divided into 100 cents.

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.

01/01/1875: Introduction of Fijian Currency

Fijian Coins and Banknotes were introduced as legal tender, replacing Spanish Dollars.

10/10/1873: Devaluation of Spanish Dollars

The Spanish Dollars were devalued by 20% in the British Colony of Fiji, leading to a change in currency.