Historic Burmese kyat Iraqi dinar

Burmese kyat iraqi dinar history for February 2024. The highest quote for this month is 0.62925 (15/02/2024) and the lowest 0.62521 (04/02/2024). The difference between high and low is 0.64.

MMK IQD average rate for February 2024 is 0.62492, the change between 01/02/2024 and 29/02/2024 is +2.15 %.

01 February 20241 MMK = 0.6301 IQD
02 February 20241 MMK = 0.6291 IQD
03 February 20241 MMK = 0.6252 IQD
04 February 20241 MMK = 0.6252 IQD
05 February 20241 MMK = 0.6166 IQD
06 February 20241 MMK = 0.6165 IQD
07 February 20241 MMK = 0.6286 IQD
08 February 20241 MMK = 0.6284 IQD
09 February 20241 MMK = 0.6286 IQD
12 February 20241 MMK = 0.6166 IQD
13 February 20241 MMK = 0.6291 IQD
14 February 20241 MMK = 0.6289 IQD
15 February 20241 MMK = 0.6290 IQD
16 February 20241 MMK = 0.6293 IQD
17 February 20241 MMK = 0.6252 IQD
18 February 20241 MMK = 0.6252 IQD
19 February 20241 MMK = 0.6165 IQD
20 February 20241 MMK = 0.6166 IQD
21 February 20241 MMK = 0.6289 IQD
22 February 20241 MMK = 0.6290 IQD
23 February 20241 MMK = 0.6287 IQD
24 February 20241 MMK = 0.6252 IQD
25 February 20241 MMK = 0.6252 IQD
26 February 20241 MMK = 0.6166 IQD
27 February 20241 MMK = 0.6291 IQD
28 February 20241 MMK = 0.6291 IQD
29 February 20241 MMK = 0.6165 IQD

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.

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

23/04/2015: Foreign Exchange Market Liberalization

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

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

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.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

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.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.
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