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.
01/09/2011: Replacement by the Caribbean guilder
The Netherlands Antillean guilder was replaced by the Caribbean guilder as the official currency of Curacao and Sint Maarten.
10/10/2010: Dissolution of the Netherlands Antilles
The Netherlands Antilles were dissolved, resulting in the establishment of separate countries within the Kingdom of the Netherlands, including Curacao and Sint Maarten.
01/01/2001: Introduction of the euro in the Netherlands
The euro was introduced as the official currency in the Netherlands, leading to increased integration with the European Union.
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.
01/12/1986: Pegged to the US dollar
The Netherlands Antillean guilder was pegged to the US dollar at a fixed exchange rate of 1.79 ANG to 1 USD.
01/12/1964: Kyat Revalued
The Burmese kyat underwent a major revaluation, with 1 new kyat replacing 100 old kyats to combat inflation.
01/11/1952: Introduction of the Netherlands Antillean guilder
The Netherlands Antillean guilder was introduced as the currency of the Netherlands Antilles, replacing the Caribbean guilder.
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.
25/11/1942: Curacao introduced the guilder
The guilder was introduced as the official currency of Curacao, replacing the Netherlands Antillean florin.
10/05/1940: German Occupation
During World War II, the Netherlands Antilles came under German occupation, resulting in restrictions and controls on currency usage.