Historic Burmese kyat Philippine peso

Burmese kyat philippine peso history for February 2024. The highest quote for this month is 0.02708 (06/02/2024) and the lowest 0.026979 (29/02/2024). The difference between high and low is 0.37.

MMK PHP average rate for February 2024 is 0.02687, the change between 01/02/2024 and 29/02/2024 is -0.23 %.

01 February 20241 MMK = 0.0270 PHP
02 February 20241 MMK = 0.0269 PHP
03 February 20241 MMK = 0.0267 PHP
04 February 20241 MMK = 0.0267 PHP
05 February 20241 MMK = 0.0268 PHP
06 February 20241 MMK = 0.0270 PHP
07 February 20241 MMK = 0.0270 PHP
08 February 20241 MMK = 0.0269 PHP
09 February 20241 MMK = 0.0269 PHP
12 February 20241 MMK = 0.0269 PHP
13 February 20241 MMK = 0.0269 PHP
14 February 20241 MMK = 0.0269 PHP
15 February 20241 MMK = 0.0269 PHP
16 February 20241 MMK = 0.0269 PHP
17 February 20241 MMK = 0.0267 PHP
18 February 20241 MMK = 0.0267 PHP
19 February 20241 MMK = 0.0269 PHP
20 February 20241 MMK = 0.0269 PHP
21 February 20241 MMK = 0.0269 PHP
22 February 20241 MMK = 0.0268 PHP
23 February 20241 MMK = 0.0268 PHP
24 February 20241 MMK = 0.0267 PHP
25 February 20241 MMK = 0.0267 PHP
26 February 20241 MMK = 0.0269 PHP
27 February 20241 MMK = 0.0269 PHP
28 February 20241 MMK = 0.0270 PHP
29 February 20241 MMK = 0.0271 PHP

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.

01/04/1990: 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.

11/09/1970: Introduction of the New Peso

The New Central Bank Act is enacted, leading to the introduction of a new currency called the New Peso, with a conversion rate of 1 New Peso to 2 old pesos.

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.

04/07/1949: Central Bank of the Philippines

The Central Bank of the Philippines is established with the task of issuing and managing the Philippine currency.

20/10/1944: Introduction of the Philippine Liberation Peso

The United States-issued Philippine Liberation Peso is introduced to replace the Japanese-issued currency, serving as a transitional currency.

02/01/1942: Japanese Occupation

During World War II, the Japanese forces occupy the Philippines and introduce the Japanese-issued Philippine peso, known as Mickey Mouse money.

24/12/1933: Introduction of the Commonwealth Peso

The Commonwealth Act No. 265 is passed, creating a new Philippine currency called the Commonwealth Peso to replace the previous Peso.

12/06/1898: Philippine Independence

The Philippines declares independence from Spanish rule, leading to the establishment of the First Philippine Republic and the issuance of new currency.

01/05/1852: Introduction of the Peso

The Spanish colonial government issues the first official currency of the Philippines, known as the Peso, with a conversion rate of 2 Spanish reales to 1 Peso.
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