Historic Rwandan franc Burmese kyat

Rwandan franc burmese kyat history for February 2024. The highest quote for this month is 1.6584 (03/02/2024) and the lowest 1.6586 (03/02/2024). The difference between high and low is -0.01.

RWF MMK average rate for February 2024 is 1.65112, the change between 01/02/2024 and 29/02/2024 is -0.15 %.

01 February 20241 RWF = 1.645 MMK
02 February 20241 RWF = 1.650 MMK
03 February 20241 RWF = 1.658 MMK
04 February 20241 RWF = 1.658 MMK
05 February 20241 RWF = 1.655 MMK
06 February 20241 RWF = 1.654 MMK
07 February 20241 RWF = 1.648 MMK
08 February 20241 RWF = 1.646 MMK
09 February 20241 RWF = 1.649 MMK
12 February 20241 RWF = 1.654 MMK
13 February 20241 RWF = 1.646 MMK
14 February 20241 RWF = 1.645 MMK
15 February 20241 RWF = 1.660 MMK
16 February 20241 RWF = 1.660 MMK
17 February 20241 RWF = 1.655 MMK
18 February 20241 RWF = 1.655 MMK
19 February 20241 RWF = 1.652 MMK
20 February 20241 RWF = 1.652 MMK
21 February 20241 RWF = 1.660 MMK
22 February 20241 RWF = 1.661 MMK
23 February 20241 RWF = 1.658 MMK
24 February 20241 RWF = 1.652 MMK
25 February 20241 RWF = 1.652 MMK
26 February 20241 RWF = 1.649 MMK
27 February 20241 RWF = 1.644 MMK
28 February 20241 RWF = 1.617 MMK
29 February 20241 RWF = 1.648 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.

24/06/2020: Rwandan Franc Devaluation

The central bank of Rwanda announced a gradual devaluation of the Rwandan franc to enhance export competitiveness and stimulate economic growth.

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.

03/12/2008: New Currency Series

A new series of Rwandan franc banknotes was introduced, featuring updated security features and designs.

01/01/2004: East African Community

Rwanda joined the East African Community, leading to increased economic integration and cooperation within the region.

03/12/1998: Currency Redenomination

The Rwandan franc underwent a redenomination, with 100 old francs being replaced by 1 new franc.

07/04/1995: Rwandan Genocide

The Rwandan Genocide began, causing economic instability and inflation for the Rwandan franc.

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.

01/12/1973: Currency Reform

A currency reform was implemented, introducing a new series of Rwandan franc banknotes.

01/12/1964: Kyat Revalued

The Burmese kyat underwent a major revaluation, with 1 new kyat replacing 100 old kyats to combat inflation.

25/06/1964: Introduction of the Rwandan Franc

The Rwandan franc was introduced as the official currency of Rwanda, replacing the East African shilling.

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.
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