Historic Singapore dollar Burmese kyat

Singapore dollar burmese kyat history for November 2023. The highest quote for this month is 1561.92 (26/11/2023) and the lowest 1563.71 (26/11/2023). The difference between high and low is -0.11.

SGD MMK average rate for November 2023 is 1542.30308, the change between 01/11/2023 and 30/11/2023 is -2.77 %.

01 November 20231 SGD = 1518.55 MMK
02 November 20231 SGD = 1520.92 MMK
03 November 20231 SGD = 1520.86 MMK
06 November 20231 SGD = 1523.63 MMK
07 November 20231 SGD = 1539.85 MMK
08 November 20231 SGD = 1533.99 MMK
09 November 20231 SGD = 1534.52 MMK
10 November 20231 SGD = 1528.15 MMK
12 November 20231 SGD = 1539.98 MMK
13 November 20231 SGD = 1523.52 MMK
14 November 20231 SGD = 1531.59 MMK
15 November 20231 SGD = 1540.55 MMK
16 November 20231 SGD = 1541.67 MMK
17 November 20231 SGD = 1544.82 MMK
18 November 20231 SGD = 1559.25 MMK
19 November 20231 SGD = 1558.90 MMK
20 November 20231 SGD = 1540.42 MMK
21 November 20231 SGD = 1554.43 MMK
22 November 20231 SGD = 1554.01 MMK
23 November 20231 SGD = 1548.82 MMK
24 November 20231 SGD = 1552.44 MMK
26 November 20231 SGD = 1562.15 MMK
27 November 20231 SGD = 1547.07 MMK
28 November 20231 SGD = 1556.65 MMK
29 November 20231 SGD = 1562.53 MMK
30 November 20231 SGD = 1560.61 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.