Historic Romanian leu Burmese kyat

Romanian leu burmese kyat history for November 2023. The highest quote for this month is 460.93 (26/11/2023) and the lowest 461.61 (26/11/2023). The difference between high and low is -0.15.

RON MMK average rate for November 2023 is 452.6244, the change between 01/11/2023 and 30/11/2023 is -3.65 %.

01 November 20231 RON = 443.2 MMK
02 November 20231 RON = 443.2 MMK
03 November 20231 RON = 444.0 MMK
06 November 20231 RON = 445.4 MMK
07 November 20231 RON = 449.2 MMK
08 November 20231 RON = 447.8 MMK
09 November 20231 RON = 449.0 MMK
10 November 20231 RON = 446.9 MMK
12 November 20231 RON = 450.4 MMK
13 November 20231 RON = 444.7 MMK
14 November 20231 RON = 448.3 MMK
15 November 20231 RON = 455.3 MMK
16 November 20231 RON = 455.2 MMK
17 November 20231 RON = 455.1 MMK
19 November 20231 RON = 460.0 MMK
20 November 20231 RON = 453.3 MMK
21 November 20231 RON = 458.2 MMK
22 November 20231 RON = 457.2 MMK
23 November 20231 RON = 455.8 MMK
24 November 20231 RON = 457.1 MMK
26 November 20231 RON = 460.9 MMK
27 November 20231 RON = 456.4 MMK
28 November 20231 RON = 459.0 MMK
29 November 20231 RON = 460.6 MMK
30 November 20231 RON = 459.4 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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