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.
31/07/2013: Polymer Banknotes Issued
Polymer banknotes were issued in Paraguay, enhancing durability and counterfeit resistance of currency notes.
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.
24/10/2011: Currency Redenomination
A currency redenomination took place, where 1,000 old Guaraní became equal to 1 new Guaraní.
12/06/1995: Introduction of New Banknotes
New banknotes were introduced, featuring enhanced security features and updated designs.
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.
01/03/1990: New Currency Symbol
A new currency symbol, ₲, was officially adopted for the Paraguayan Guaraní.
01/09/1987: Second Kyat Revalued
Due to hyperinflation, the Burmese kyat was again revalued, with 1 kyat replacing 10 new kyats.
12/04/1982: Decree on Currency Stability
The Paraguayan government issued a decree to maintain the stability of the Paraguayan Guaraní.
01/12/1964: Kyat Revalued
The Burmese kyat underwent a major revaluation, with 1 new kyat replacing 100 old kyats to combat inflation.
30/10/1953: Monetary Reform
A new monetary reform was implemented, replacing existing banknotes with new designs.
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.
04/03/1943: Paraguayan Guaraní Introduced
The Paraguayan government introduced the Paraguayan Guaraní as the official currency of Paraguay.