Historic Romanian leu Burmese kyat

Romanian leu burmese kyat history for February 2024. The highest quote for this month is 455.7 (24/02/2024) and the lowest 455.7 (24/02/2024). The difference between high and low is 0.

RON MMK average rate for February 2024 is 452.34259, the change between 01/02/2024 and 29/02/2024 is -0.45 %.

01 February 20241 RON = 451.3 MMK
02 February 20241 RON = 455.2 MMK
03 February 20241 RON = 454.4 MMK
04 February 20241 RON = 454.8 MMK
05 February 20241 RON = 455.9 MMK
06 February 20241 RON = 450.0 MMK
07 February 20241 RON = 450.3 MMK
08 February 20241 RON = 450.8 MMK
09 February 20241 RON = 451.0 MMK
12 February 20241 RON = 450.3 MMK
13 February 20241 RON = 450.6 MMK
14 February 20241 RON = 448.0 MMK
15 February 20241 RON = 449.0 MMK
16 February 20241 RON = 450.4 MMK
17 February 20241 RON = 453.6 MMK
18 February 20241 RON = 453.5 MMK
19 February 20241 RON = 450.2 MMK
20 February 20241 RON = 450.6 MMK
21 February 20241 RON = 452.4 MMK
22 February 20241 RON = 452.6 MMK
23 February 20241 RON = 453.1 MMK
24 February 20241 RON = 455.7 MMK
25 February 20241 RON = 455.6 MMK
26 February 20241 RON = 452.0 MMK
27 February 20241 RON = 454.3 MMK
28 February 20241 RON = 454.3 MMK
29 February 20241 RON = 453.3 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.

01/04/2019: Romania plans to adopt the euro

The Romanian government announces its intention to join the Eurozone and set a target date for adopting the euro as the national currency.

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.

01/06/2005: Currency redenomination

Romania underwent a currency redenomination, with 10,000 old lei being exchanged for 1 new leu, to simplify transactions and eliminate zeros.

01/07/2003: Romania joins EU Accession

As part of joining the European Union, Romania pledges to adopt the euro in the future, aiming for greater economic integration.

28/02/1991: End of communist era

As communism collapsed, Romania undergoes economic reforms and introduces a free-floating exchange rate system for the leu.

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.

30/12/1947: Communist regime introduces new leu

In an attempt to devalue the currency and control the economy, the Communist regime introduces a new leu at a ratio of 1:20,000.

01/03/1901: Introduction of the gold standard

Romanian leu was tied to the gold standard, ensuring the stability of the currency and attracting foreign investments.

01/04/1867: Creation of the Romanian leu

The leu was established as the official currency of Romania, replacing the previous currencies in circulation.
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