Historic Singapore dollar Burmese kyat

Singapore dollar burmese kyat history for February 2024. The highest quote for this month is 1560.12 (03/02/2024) and the lowest 1560.82 (04/02/2024). The difference between high and low is -0.04.

SGD MMK average rate for February 2024 is 1549.59889, the change between 01/02/2024 and 29/02/2024 is +0.44 %.

01 February 20241 SGD = 1548.77 MMK
02 February 20241 SGD = 1555.48 MMK
03 February 20241 SGD = 1560.12 MMK
04 February 20241 SGD = 1560.58 MMK
05 February 20241 SGD = 1562.25 MMK
06 February 20241 SGD = 1545.62 MMK
07 February 20241 SGD = 1548.69 MMK
08 February 20241 SGD = 1548.39 MMK
09 February 20241 SGD = 1544.95 MMK
12 February 20241 SGD = 1544.50 MMK
13 February 20241 SGD = 1546.22 MMK
14 February 20241 SGD = 1539.29 MMK
15 February 20241 SGD = 1542.88 MMK
16 February 20241 SGD = 1544.84 MMK
17 February 20241 SGD = 1555.71 MMK
18 February 20241 SGD = 1555.14 MMK
19 February 20241 SGD = 1545.88 MMK
20 February 20241 SGD = 1544.34 MMK
21 February 20241 SGD = 1547.88 MMK
22 February 20241 SGD = 1547.36 MMK
23 February 20241 SGD = 1549.98 MMK
24 February 20241 SGD = 1558.61 MMK
25 February 20241 SGD = 1559.07 MMK
26 February 20241 SGD = 1546.82 MMK
27 February 20241 SGD = 1546.79 MMK
28 February 20241 SGD = 1547.03 MMK
29 February 20241 SGD = 1541.98 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.
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