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

Singapore dollar burmese kyat history for September 2023. The highest quote for this month is 1544.42 (04/09/2023) and the lowest 1543.85 (01/09/2023). The difference between high and low is 0.04.

SGD MMK average rate for September 2023 is 1526.05727, the change between 01/09/2023 and 30/09/2023 is +0.44 %.

01 September 2023	1 SGD = 1540.40 MMK
04 September 2023	1 SGD = 1543.07 MMK
05 September 2023	1 SGD = 1536.09 MMK
06 September 2023	1 SGD = 1530.49 MMK
07 September 2023	1 SGD = 1523.38 MMK
08 September 2023	1 SGD = 1522.45 MMK
11 September 2023	1 SGD = 1523.22 MMK
12 September 2023	1 SGD = 1526.20 MMK
13 September 2023	1 SGD = 1528.66 MMK
14 September 2023	1 SGD = 1528.32 MMK
15 September 2023	1 SGD = 1524.10 MMK
18 September 2023	1 SGD = 1523.38 MMK
19 September 2023	1 SGD = 1524.93 MMK
20 September 2023	1 SGD = 1524.23 MMK
21 September 2023	1 SGD = 1522.74 MMK
22 September 2023	1 SGD = 1522.54 MMK
25 September 2023	1 SGD = 1517.00 MMK
26 September 2023	1 SGD = 1521.26 MMK
27 September 2023	1 SGD = 1518.95 MMK
28 September 2023	1 SGD = 1516.00 MMK
29 September 2023	1 SGD = 1522.30 MMK
30 September 2023	1 SGD = 1533.55 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