Historic Burmese kyat Thai baht

Burmese kyat thai baht history for February 2024. The highest quote for this month is 0.017407 (15/02/2024) and the lowest 0.017351 (16/02/2024). The difference between high and low is 0.32.

MMK THB average rate for February 2024 is 0.0172, the change between 01/02/2024 and 29/02/2024 is -1.17 %.

01 February 20241 MMK = 0.0171 THB
02 February 20241 MMK = 0.0170 THB
03 February 20241 MMK = 0.0170 THB
04 February 20241 MMK = 0.0170 THB
05 February 20241 MMK = 0.0170 THB
06 February 20241 MMK = 0.0172 THB
07 February 20241 MMK = 0.0171 THB
08 February 20241 MMK = 0.0171 THB
09 February 20241 MMK = 0.0172 THB
12 February 20241 MMK = 0.0173 THB
13 February 20241 MMK = 0.0173 THB
14 February 20241 MMK = 0.0173 THB
15 February 20241 MMK = 0.0173 THB
16 February 20241 MMK = 0.0173 THB
17 February 20241 MMK = 0.0172 THB
18 February 20241 MMK = 0.0173 THB
19 February 20241 MMK = 0.0173 THB
20 February 20241 MMK = 0.0174 THB
21 February 20241 MMK = 0.0173 THB
22 February 20241 MMK = 0.0172 THB
23 February 20241 MMK = 0.0173 THB
24 February 20241 MMK = 0.0171 THB
25 February 20241 MMK = 0.0172 THB
26 February 20241 MMK = 0.0173 THB
27 February 20241 MMK = 0.0173 THB
28 February 20241 MMK = 0.0173 THB
29 February 20241 MMK = 0.0173 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.
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