Historic Romanian leu Burmese kyat

Romanian leu burmese kyat history for January 2024. The highest quote for this month is 463.96 (01/01/2024) and the lowest 463.71 (01/01/2024). The difference between high and low is 0.05.

RON MMK average rate for January 2024 is 457.27923, the change between 01/01/2024 and 31/01/2024 is +1.98 %.

01 January 20241 RON = 462.9 MMK
02 January 20241 RON = 463.6 MMK
03 January 20241 RON = 458.5 MMK
04 January 20241 RON = 457.2 MMK
05 January 20241 RON = 458.2 MMK
07 January 20241 RON = 462.2 MMK
08 January 20241 RON = 457.9 MMK
09 January 20241 RON = 458.3 MMK
10 January 20241 RON = 457.6 MMK
11 January 20241 RON = 459.5 MMK
12 January 20241 RON = 459.9 MMK
14 January 20241 RON = 461.2 MMK
15 January 20241 RON = 458.1 MMK
16 January 20241 RON = 457.7 MMK
17 January 20241 RON = 455.7 MMK
18 January 20241 RON = 455.4 MMK
19 January 20241 RON = 455.1 MMK
22 January 20241 RON = 454.6 MMK
23 January 20241 RON = 455.0 MMK
24 January 20241 RON = 454.0 MMK
25 January 20241 RON = 455.1 MMK
26 January 20241 RON = 454.0 MMK
28 January 20241 RON = 456.5 MMK
29 January 20241 RON = 454.5 MMK
30 January 20241 RON = 453.0 MMK
31 January 20241 RON = 453.7 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.
RON MMK January 2024
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