Historic Burmese kyat United States dollar

Burmese kyat united states dollar history for February 2024. The highest quote for this month is 0.000481 (02/02/2024) and the lowest 0.000484 (02/02/2024). The difference between high and low is -0.62.

MMK USD average rate for February 2024 is 0.00048, the change between 01/02/2024 and 29/02/2024 is 0 %.

01 February 20241 MMK = 0.0005 USD
02 February 20241 MMK = 0.0005 USD
03 February 20241 MMK = 0.0005 USD
04 February 20241 MMK = 0.0005 USD
05 February 20241 MMK = 0.0005 USD
06 February 20241 MMK = 0.0005 USD
07 February 20241 MMK = 0.0005 USD
08 February 20241 MMK = 0.0005 USD
09 February 20241 MMK = 0.0005 USD
12 February 20241 MMK = 0.0005 USD
13 February 20241 MMK = 0.0005 USD
14 February 20241 MMK = 0.0005 USD
15 February 20241 MMK = 0.0005 USD
16 February 20241 MMK = 0.0005 USD
17 February 20241 MMK = 0.0005 USD
18 February 20241 MMK = 0.0005 USD
19 February 20241 MMK = 0.0005 USD
20 February 20241 MMK = 0.0005 USD
21 February 20241 MMK = 0.0005 USD
22 February 20241 MMK = 0.0005 USD
23 February 20241 MMK = 0.0005 USD
24 February 20241 MMK = 0.0005 USD
25 February 20241 MMK = 0.0005 USD
26 February 20241 MMK = 0.0005 USD
27 February 20241 MMK = 0.0005 USD
28 February 20241 MMK = 0.0005 USD
29 February 20241 MMK = 0.0005 USD

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.
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