Burmese kyat yemeni rial exchange rate history (MMK YER) February 2024

Burmese kyat yemeni rial history for February 2024. The highest quote for this month is 0.1202 (15/02/2024) and the lowest 0.12083 (02/02/2024). The difference between high and low is -0.52.

MMK YER average rate for February 2024 is 0.11995, the change between 01/02/2024 and 29/02/2024 is -0.01 %.

01 February 2024	1 MMK = 0.1204 YER
02 February 2024	1 MMK = 0.1202 YER
03 February 2024	1 MMK = 0.1194 YER
04 February 2024	1 MMK = 0.1194 YER
05 February 2024	1 MMK = 0.1190 YER
06 February 2024	1 MMK = 0.1200 YER
07 February 2024	1 MMK = 0.1200 YER
08 February 2024	1 MMK = 0.1201 YER
09 February 2024	1 MMK = 0.1201 YER
12 February 2024	1 MMK = 0.1203 YER
13 February 2024	1 MMK = 0.1202 YER
14 February 2024	1 MMK = 0.1201 YER
15 February 2024	1 MMK = 0.1202 YER
16 February 2024	1 MMK = 0.1202 YER
17 February 2024	1 MMK = 0.1194 YER
18 February 2024	1 MMK = 0.1194 YER
19 February 2024	1 MMK = 0.1201 YER
20 February 2024	1 MMK = 0.1202 YER
21 February 2024	1 MMK = 0.1201 YER
22 February 2024	1 MMK = 0.1202 YER
23 February 2024	1 MMK = 0.1201 YER
24 February 2024	1 MMK = 0.1194 YER
25 February 2024	1 MMK = 0.1194 YER
26 February 2024	1 MMK = 0.1202 YER
27 February 2024	1 MMK = 0.1201 YER
28 February 2024	1 MMK = 0.1202 YER
29 February 2024	1 MMK = 0.1204 YER

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.

11/02/2020: Currency Devaluation

The Yemeni Rial witnessed another devaluation as the Central Bank of Yemen devalued the currency by 25% to ease foreign currency shortages and stabilize the economy.

13/10/2016: Central Bank Relocation

The internationally recognized government of Yemen relocated the Central Bank from Sana'a to Aden, causing further fragmentation in the value and availability of the Yemeni Rial.

16/09/2015: Houthi Takeover and Currency Instability

Following the Houthi rebel's takeover of the capital Sana'a, the Yemeni Rial faced further instability, resulting in hyperinflation and a depreciation of its value.

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.

27/09/2009: Government Decision

The Yemeni government announced a 9.3% devaluation of the rial as a measure to cope with the economic crisis and declining oil revenues.

04/05/1994: Civil War and Currency Devaluation

During the Yemeni Civil War, the Yemeni Rial experienced a significant devaluation, with the exchange rate reaching around 200 rials for 1 US dollar.

22/05/1990: Yemeni Unification

The Yemeni Rial became the official currency of the newly unified country of Yemen after the merger of the Yemen Arab Republic (North Yemen) and People's Democratic Republic of Yemen (South Yemen).

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.

26/08/1948: Currency Introduction

The Yemeni Rial (YER) was first introduced as the official currency of North Yemen, replacing the Yemeni Riyal at a rate of 1 rial = 1,000 Riyals.

Historic Burmese kyat Yemeni Rial