Historic Burmese kyat South Korean Won

Burmese kyat south korean won history for February 2024. The highest quote for this month is 0.64448 (13/02/2024) and the lowest 0.64132 (21/02/2024). The difference between high and low is 0.49.

MMK KRW average rate for February 2024 is 0.63929, the change between 01/02/2024 and 29/02/2024 is +0.01 %.

01 February 20241 MMK = 0.6425 KRW
02 February 20241 MMK = 0.6392 KRW
03 February 20241 MMK = 0.6390 KRW
04 February 20241 MMK = 0.6390 KRW
05 February 20241 MMK = 0.6374 KRW
06 February 20241 MMK = 0.6405 KRW
07 February 20241 MMK = 0.6376 KRW
08 February 20241 MMK = 0.6383 KRW
09 February 20241 MMK = 0.6399 KRW
12 February 20241 MMK = 0.6402 KRW
13 February 20241 MMK = 0.6389 KRW
14 February 20241 MMK = 0.6447 KRW
15 February 20241 MMK = 0.6377 KRW
16 February 20241 MMK = 0.6387 KRW
17 February 20241 MMK = 0.6358 KRW
18 February 20241 MMK = 0.6358 KRW
19 February 20241 MMK = 0.6403 KRW
20 February 20241 MMK = 0.6413 KRW
21 February 20241 MMK = 0.6413 KRW
22 February 20241 MMK = 0.6410 KRW
23 February 20241 MMK = 0.6379 KRW
24 February 20241 MMK = 0.6352 KRW
25 February 20241 MMK = 0.6352 KRW
26 February 20241 MMK = 0.6401 KRW
27 February 20241 MMK = 0.6405 KRW
28 February 20241 MMK = 0.6406 KRW
29 February 20241 MMK = 0.6425 KRW

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.

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.

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

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.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

01/12/1964: Kyat Revalued

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

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

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.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.
MMK KRW August 2023
MMK KRW September 2023
MMK KRW October 2023
MMK KRW November 2023
MMK KRW December 2023
MMK KRW January 2024
MMK KRW February 2024
MMK KRW March 2024
MMK KRW April 2024
MMK KRW May 2024
MMK KRW June 2024
MMK KRW July 2024
MMK KRW August 2024