Historic Peruvian sol Burmese kyat

Peruvian sol burmese kyat history for December 2023. The highest quote for this month is 574.62 (25/12/2023) and the lowest 574.61 (27/12/2023). The difference between high and low is 0.

PEN MMK average rate for December 2023 is 561.79964, the change between 01/12/2023 and 31/12/2023 is +0.68 %.

01 December 20231 PEN = 568.8 MMK
02 December 20231 PEN = 560.5 MMK
03 December 20231 PEN = 560.5 MMK
04 December 20231 PEN = 567.1 MMK
05 December 20231 PEN = 568.0 MMK
06 December 20231 PEN = 565.4 MMK
07 December 20231 PEN = 554.5 MMK
08 December 20231 PEN = 554.4 MMK
10 December 20231 PEN = 557.7 MMK
11 December 20231 PEN = 564.6 MMK
12 December 20231 PEN = 551.7 MMK
13 December 20231 PEN = 561.6 MMK
14 December 20231 PEN = 548.8 MMK
15 December 20231 PEN = 552.5 MMK
16 December 20231 PEN = 556.8 MMK
17 December 20231 PEN = 556.8 MMK
18 December 20231 PEN = 563.1 MMK
19 December 20231 PEN = 563.9 MMK
20 December 20231 PEN = 555.0 MMK
21 December 20231 PEN = 561.5 MMK
22 December 20231 PEN = 561.3 MMK
23 December 20231 PEN = 564.2 MMK
24 December 20231 PEN = 568.5 MMK
25 December 20231 PEN = 574.5 MMK
26 December 20231 PEN = 574.5 MMK
27 December 20231 PEN = 565.2 MMK
28 December 20231 PEN = 564.1 MMK
29 December 20231 PEN = 564.9 MMK

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.

27/07/2020: Transition to Sol

Peru announced the removal of 'Nuevo' from the currency's name, making it officially known as the Sol once again.

15/12/2015: Introduction of New Sol Banknotes

New series of banknotes featuring improved security features and designs were introduced for the Nuevo Sol.

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.

01/10/1995: Introduction of Nuevo Sol

The Peruvian Sol was revalued and renamed as the Nuevo Sol, with a new currency code of PEN.

01/07/1991: Return to the Sol

Peru reintroduced the Sol as its official currency, replacing the Inti at a rate of 1 million Intis to 1 Sol.

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.

01/02/1985: Creation of the Inti

The Peruvian Inti was created to replace the Sol as the official currency as part of an economic reform plan.

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.

01/07/1880: Adoption of the Sol de Oro Standard

Peru adopted the Sol de Oro standard, pegging the Sol to gold at a fixed rate.

23/11/1850: Introducción of Peruvian Sol

The Peruvian Sol was introduced as the official currency of Peru to replace the Spanish real.
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