Historic Singapore dollar Burmese kyat

Singapore dollar burmese kyat history for January 2024. The highest quote for this month is 1582.32 (01/01/2024) and the lowest 1581.51 (01/01/2024). The difference between high and low is 0.05.

SGD MMK average rate for January 2024 is 1560.36704, the change between 01/01/2024 and 31/01/2024 is +1.73 %.

01 January 20241 SGD = 1580.03 MMK
02 January 20241 SGD = 1581.15 MMK
03 January 20241 SGD = 1568.63 MMK
04 January 20241 SGD = 1564.28 MMK
05 January 20241 SGD = 1564.41 MMK
06 January 20241 SGD = 1575.14 MMK
07 January 20241 SGD = 1575.14 MMK
08 January 20241 SGD = 1559.85 MMK
09 January 20241 SGD = 1564.60 MMK
10 January 20241 SGD = 1562.13 MMK
11 January 20241 SGD = 1562.82 MMK
12 January 20241 SGD = 1564.70 MMK
14 January 20241 SGD = 1572.30 MMK
15 January 20241 SGD = 1559.39 MMK
16 January 20241 SGD = 1557.66 MMK
17 January 20241 SGD = 1551.47 MMK
18 January 20241 SGD = 1546.93 MMK
19 January 20241 SGD = 1547.75 MMK
22 January 20241 SGD = 1550.46 MMK
23 January 20241 SGD = 1549.01 MMK
24 January 20241 SGD = 1550.36 MMK
25 January 20241 SGD = 1552.17 MMK
26 January 20241 SGD = 1552.45 MMK
28 January 20241 SGD = 1561.63 MMK
29 January 20241 SGD = 1551.16 MMK
30 January 20241 SGD = 1551.62 MMK
31 January 20241 SGD = 1552.67 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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