Historic Burmese kyat Singapore dollar

Burmese kyat singapore dollar history for September 2023. The highest quote for this month is 0.000658 (22/09/2023) and the lowest 0.000657 (21/09/2023). The difference between high and low is 0.15.

MMK SGD average rate for September 2023 is 0.00066, the change between 01/09/2023 and 30/09/2023 is -0.46 %.

01 September 20231 MMK = 0.0006 SGD
04 September 20231 MMK = 0.0006 SGD
05 September 20231 MMK = 0.0007 SGD
06 September 20231 MMK = 0.0007 SGD
07 September 20231 MMK = 0.0007 SGD
08 September 20231 MMK = 0.0007 SGD
11 September 20231 MMK = 0.0007 SGD
12 September 20231 MMK = 0.0007 SGD
13 September 20231 MMK = 0.0007 SGD
14 September 20231 MMK = 0.0007 SGD
15 September 20231 MMK = 0.0007 SGD
18 September 20231 MMK = 0.0007 SGD
19 September 20231 MMK = 0.0007 SGD
20 September 20231 MMK = 0.0007 SGD
21 September 20231 MMK = 0.0007 SGD
22 September 20231 MMK = 0.0007 SGD
25 September 20231 MMK = 0.0007 SGD
26 September 20231 MMK = 0.0007 SGD
27 September 20231 MMK = 0.0007 SGD
28 September 20231 MMK = 0.0007 SGD
29 September 20231 MMK = 0.0007 SGD
30 September 20231 MMK = 0.0007 SGD

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.

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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.