Historic Burmese kyat Swedish krona

Burmese kyat swedish krona history for October 2023. The highest quote for this month is 0.005394 (27/10/2023) and the lowest 0.005358 (27/10/2023). The difference between high and low is 0.67.

MMK SEK average rate for October 2023 is 0.0053, the change between 01/10/2023 and 31/10/2023 is -2.31 %.

02 October 20231 MMK = 0.0052 SEK
03 October 20231 MMK = 0.0053 SEK
04 October 20231 MMK = 0.0053 SEK
05 October 20231 MMK = 0.0053 SEK
06 October 20231 MMK = 0.0053 SEK
09 October 20231 MMK = 0.0053 SEK
10 October 20231 MMK = 0.0053 SEK
11 October 20231 MMK = 0.0052 SEK
12 October 20231 MMK = 0.0052 SEK
13 October 20231 MMK = 0.0053 SEK
16 October 20231 MMK = 0.0053 SEK
17 October 20231 MMK = 0.0053 SEK
18 October 20231 MMK = 0.0053 SEK
19 October 20231 MMK = 0.0053 SEK
20 October 20231 MMK = 0.0053 SEK
23 October 20231 MMK = 0.0053 SEK
24 October 20231 MMK = 0.0053 SEK
25 October 20231 MMK = 0.0053 SEK
26 October 20231 MMK = 0.0054 SEK
27 October 20231 MMK = 0.0054 SEK
30 October 20231 MMK = 0.0054 SEK
31 October 20231 MMK = 0.0054 SEK

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.

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.