Historic Burmese kyat Mauritian Rupee

Burmese kyat mauritian rupee history for August 2023. The highest quote for this month is 0.021876 (19/08/2023) and the lowest 0.021876 (19/08/2023). The difference between high and low is 0.

MMK MUR average rate for August 2023 is 0.02142, the change between 01/08/2023 and 31/08/2023 is +1.85 %.

01 August 20231 MMK = 0.0218 MUR
02 August 20231 MMK = 0.0212 MUR
03 August 20231 MMK = 0.0212 MUR
04 August 20231 MMK = 0.0213 MUR
07 August 20231 MMK = 0.0213 MUR
08 August 20231 MMK = 0.0211 MUR
09 August 20231 MMK = 0.0215 MUR
10 August 20231 MMK = 0.0215 MUR
11 August 20231 MMK = 0.0211 MUR
12 August 20231 MMK = 0.0215 MUR
14 August 20231 MMK = 0.0212 MUR
15 August 20231 MMK = 0.0213 MUR
16 August 20231 MMK = 0.0213 MUR
17 August 20231 MMK = 0.0214 MUR
18 August 20231 MMK = 0.0216 MUR
19 August 20231 MMK = 0.0219 MUR
20 August 20231 MMK = 0.0219 MUR
21 August 20231 MMK = 0.0217 MUR
22 August 20231 MMK = 0.0213 MUR
23 August 20231 MMK = 0.0211 MUR
24 August 20231 MMK = 0.0214 MUR
25 August 20231 MMK = 0.0215 MUR
28 August 20231 MMK = 0.0216 MUR
29 August 20231 MMK = 0.0215 MUR
30 August 20231 MMK = 0.0214 MUR
31 August 20231 MMK = 0.0214 MUR

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.

15/02/2013: Launch of New MUR Banknotes

New series of Mauritian Rupee banknotes were launched, featuring enhanced security features and updated designs, reflecting the rich cultural heritage of Mauritius.

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.

08/09/2007: Currency Reform and New Coinage System

A currency reform was implemented, introducing new coins denominated in cents, with the aim of streamlining and modernizing the monetary system.

03/08/1999: Establishment of Bank of Mauritius

Bank of Mauritius Act was enacted, establishing the central bank responsible for the formulation and implementation of monetary policy in the country.

01/07/1994: Conversion to Decimal Currency System

Mauritian Rupee adopted the decimal currency system, replacing the previous pound-based system, with 1 Rupee consisting of 100 cents.

01/07/1992: Introduction of Polymer Banknotes

Polymer-based banknotes were introduced in Mauritius, replacing the traditional paper notes, to improve durability and security against counterfeiting.

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.

01/10/1979: Decentralization of Currency Printing

Printing of Mauritian Rupee banknotes was decentralized from the Bank of England to Mauritius, leading to enhanced national monetary control.

12/06/1967: Introduction of Mauritian Rupee

Mauritian Rupee was introduced as the official currency replacing the Mauritian Pound, with an initial exchange rate of 1 Rupee to 10 Shillings.

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.