Singapore dollar burmese kyat exchange rate history (SGD MMK) October 2023

Singapore dollar burmese kyat history for October 2023. The highest quote for this month is 1533.89 (07/10/2023) and the lowest 1533.89 (07/10/2023). The difference between high and low is 0.

SGD MMK average rate for October 2023 is 1520.64429, the change between 01/10/2023 and 31/10/2023 is +0.66 %.

01 October 2023	1 SGD = 1532.56 MMK
02 October 2023	1 SGD = 1524.35 MMK
03 October 2023	1 SGD = 1514.77 MMK
04 October 2023	1 SGD = 1514.41 MMK
05 October 2023	1 SGD = 1514.07 MMK
06 October 2023	1 SGD = 1516.28 MMK
07 October 2023	1 SGD = 1533.89 MMK
09 October 2023	1 SGD = 1515.29 MMK
10 October 2023	1 SGD = 1523.82 MMK
11 October 2023	1 SGD = 1526.59 MMK
12 October 2023	1 SGD = 1526.17 MMK
13 October 2023	1 SGD = 1518.42 MMK
16 October 2023	1 SGD = 1519.32 MMK
17 October 2023	1 SGD = 1519.82 MMK
18 October 2023	1 SGD = 1517.85 MMK
19 October 2023	1 SGD = 1514.53 MMK
20 October 2023	1 SGD = 1514.25 MMK
21 October 2023	1 SGD = 1525.95 MMK
22 October 2023	1 SGD = 1525.77 MMK
23 October 2023	1 SGD = 1512.10 MMK
24 October 2023	1 SGD = 1520.75 MMK
25 October 2023	1 SGD = 1520.18 MMK
26 October 2023	1 SGD = 1515.06 MMK
27 October 2023	1 SGD = 1519.32 MMK
28 October 2023	1 SGD = 1527.95 MMK
29 October 2023	1 SGD = 1527.95 MMK
30 October 2023	1 SGD = 1514.22 MMK
31 October 2023	1 SGD = 1522.40 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.

Historic Singapore dollar Burmese kyat