Historic Burmese kyat Swiss franc

Burmese kyat swiss franc history for February 2024. The highest quote for this month is 0.000427 (13/02/2024) and the lowest 0.000426 (14/02/2024). The difference between high and low is 0.23.

MMK CHF average rate for February 2024 is 0.00042, the change between 01/02/2024 and 29/02/2024 is -1.93 %.

01 February 20241 MMK = 0.0004 CHF
02 February 20241 MMK = 0.0004 CHF
04 February 20241 MMK = 0.0004 CHF
05 February 20241 MMK = 0.0004 CHF
06 February 20241 MMK = 0.0004 CHF
07 February 20241 MMK = 0.0004 CHF
08 February 20241 MMK = 0.0004 CHF
09 February 20241 MMK = 0.0004 CHF
12 February 20241 MMK = 0.0004 CHF
13 February 20241 MMK = 0.0004 CHF
14 February 20241 MMK = 0.0004 CHF
15 February 20241 MMK = 0.0004 CHF
16 February 20241 MMK = 0.0004 CHF
19 February 20241 MMK = 0.0004 CHF
20 February 20241 MMK = 0.0004 CHF
21 February 20241 MMK = 0.0004 CHF
22 February 20241 MMK = 0.0004 CHF
23 February 20241 MMK = 0.0004 CHF
24 February 20241 MMK = 0.0004 CHF
25 February 20241 MMK = 0.0004 CHF
26 February 20241 MMK = 0.0004 CHF
27 February 20241 MMK = 0.0004 CHF
28 February 20241 MMK = 0.0004 CHF
29 February 20241 MMK = 0.0004 CHF

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.

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

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.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.

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.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

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.

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.
MMK CHF December 2023
MMK CHF January 2024
MMK CHF February 2024
MMK CHF March 2024
MMK CHF April 2024
MMK CHF May 2024
MMK CHF June 2024
MMK CHF July 2024
MMK CHF August 2024
MMK CHF September 2024
MMK CHF October 2024
MMK CHF November 2024
MMK CHF December 2024