Historic Singapore dollar Burmese kyat

Singapore dollar burmese kyat history for December 2023. The highest quote for this month is 1581.75 (23/12/2023) and the lowest 1585.35 (25/12/2023). The difference between high and low is -0.23.

SGD MMK average rate for December 2023 is 1565.16964, the change between 01/12/2023 and 31/12/2023 is -1.83 %.

01 December 20231 SGD = 1555.80 MMK
02 December 20231 SGD = 1570.24 MMK
03 December 20231 SGD = 1569.89 MMK
04 December 20231 SGD = 1561.89 MMK
05 December 20231 SGD = 1555.61 MMK
06 December 20231 SGD = 1551.43 MMK
07 December 20231 SGD = 1552.21 MMK
08 December 20231 SGD = 1553.54 MMK
10 December 20231 SGD = 1562.15 MMK
11 December 20231 SGD = 1553.03 MMK
12 December 20231 SGD = 1548.85 MMK
13 December 20231 SGD = 1550.69 MMK
14 December 20231 SGD = 1560.49 MMK
15 December 20231 SGD = 1565.22 MMK
16 December 20231 SGD = 1571.89 MMK
17 December 20231 SGD = 1571.89 MMK
18 December 20231 SGD = 1568.55 MMK
19 December 20231 SGD = 1561.18 MMK
20 December 20231 SGD = 1564.47 MMK
21 December 20231 SGD = 1561.83 MMK
22 December 20231 SGD = 1567.67 MMK
23 December 20231 SGD = 1581.75 MMK
24 December 20231 SGD = 1581.75 MMK
25 December 20231 SGD = 1575.17 MMK
26 December 20231 SGD = 1572.03 MMK
27 December 20231 SGD = 1575.11 MMK
28 December 20231 SGD = 1576.20 MMK
29 December 20231 SGD = 1584.22 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.

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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.