Historic Tanzanian Shilling Burmese kyat

Tanzanian Shilling burmese kyat history for January 2024. The highest quote for this month is 0.83447 (14/01/2024) and the lowest 0.84153 (01/01/2024). The difference between high and low is -0.85.

TZS MMK average rate for January 2024 is 0.83011, the change between 01/01/2024 and 31/01/2024 is +2.9 %.

01 January 20241 TZS = 0.8415 MMK
02 January 20241 TZS = 0.8415 MMK
03 January 20241 TZS = 0.8273 MMK
04 January 20241 TZS = 0.8262 MMK
05 January 20241 TZS = 0.8269 MMK
06 January 20241 TZS = 0.8338 MMK
07 January 20241 TZS = 0.8338 MMK
08 January 20241 TZS = 0.8416 MMK
09 January 20241 TZS = 0.8266 MMK
10 January 20241 TZS = 0.8267 MMK
11 January 20241 TZS = 0.8270 MMK
12 January 20241 TZS = 0.8272 MMK
14 January 20241 TZS = 0.8345 MMK
15 January 20241 TZS = 0.8423 MMK
16 January 20241 TZS = 0.8277 MMK
17 January 20241 TZS = 0.8407 MMK
18 January 20241 TZS = 0.8236 MMK
19 January 20241 TZS = 0.8269 MMK
22 January 20241 TZS = 0.8424 MMK
23 January 20241 TZS = 0.8251 MMK
24 January 20241 TZS = 0.8266 MMK
25 January 20241 TZS = 0.8252 MMK
26 January 20241 TZS = 0.8273 MMK
28 January 20241 TZS = 0.8246 MMK
29 January 20241 TZS = 0.8322 MMK
30 January 20241 TZS = 0.8167 MMK
31 January 20241 TZS = 0.8171 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.

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.

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.

01/12/1964: 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.