Burmese kyat thai baht exchange rate history (MMK THB) August 2023

Burmese kyat thai baht history for August 2023. The highest quote for this month is 0.017038 (17/08/2023) and the lowest 0.016993 (17/08/2023). The difference between high and low is 0.26.

MMK THB average rate for August 2023 is 0.01682, the change between 01/08/2023 and 31/08/2023 is -2.23 %.

01 August 2023	1 MMK = 0.0164 THB
02 August 2023	1 MMK = 0.0165 THB
03 August 2023	1 MMK = 0.0165 THB
04 August 2023	1 MMK = 0.0166 THB
07 August 2023	1 MMK = 0.0168 THB
08 August 2023	1 MMK = 0.0168 THB
09 August 2023	1 MMK = 0.0168 THB
10 August 2023	1 MMK = 0.0169 THB
11 August 2023	1 MMK = 0.0169 THB
12 August 2023	1 MMK = 0.0167 THB
14 August 2023	1 MMK = 0.0168 THB
15 August 2023	1 MMK = 0.0169 THB
16 August 2023	1 MMK = 0.0170 THB
17 August 2023	1 MMK = 0.0171 THB
18 August 2023	1 MMK = 0.0171 THB
20 August 2023	1 MMK = 0.0169 THB
21 August 2023	1 MMK = 0.0171 THB
22 August 2023	1 MMK = 0.0169 THB
23 August 2023	1 MMK = 0.0168 THB
24 August 2023	1 MMK = 0.0168 THB
25 August 2023	1 MMK = 0.0168 THB
28 August 2023	1 MMK = 0.0169 THB
29 August 2023	1 MMK = 0.0169 THB
30 August 2023	1 MMK = 0.0168 THB
31 August 2023	1 MMK = 0.0168 THB

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.

15/04/2019: Coronation of King Rama X

King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.

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.

19/09/2006: 2006 Thai coup d'état

The military staged a coup overthrowing the government, causing political instability and affecting the currency.

02/07/1997: Asian Financial Crisis

The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.

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.

01/01/1980: Currency Floatation

The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.

14/10/1973: October 14 Uprising

A popular uprising against the military dictatorship led to political reforms and an increase in public participation.

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.

01/01/1942: Japanese Occupation

During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.

24/06/1932: Siamese Revolution

The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.

Historic Burmese kyat Thai baht