Tanzanian Shilling burmese kyat history for March 2024. The highest quote for this month is 0.82299 (03/03/2024) and the lowest 0.82911 (07/03/2024). The difference between high and low is -0.74.
TZS MMK average rate for March 2024 is 0.82078, the change between 01/03/2024 and 31/03/2024 is -0.75 %.
| 01 March 2024 | 1 TZS = 0.8159 MMK |
| 03 March 2024 | 1 TZS = 0.8230 MMK |
| 04 March 2024 | 1 TZS = 0.8306 MMK |
| 05 March 2024 | 1 TZS = 0.8159 MMK |
| 06 March 2024 | 1 TZS = 0.8158 MMK |
| 07 March 2024 | 1 TZS = 0.8155 MMK |
| 08 March 2024 | 1 TZS = 0.8156 MMK |
| 10 March 2024 | 1 TZS = 0.8230 MMK |
| 11 March 2024 | 1 TZS = 0.8305 MMK |
| 12 March 2024 | 1 TZS = 0.8220 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.