Thai baht burmese kyat exchange rate history (THB MMK) August 2023

Thai baht burmese kyat history for August 2023. The highest quote for this month is 60.705 (01/08/2023) and the lowest 60.967 (01/08/2023). The difference between high and low is -0.43.

THB MMK average rate for August 2023 is 59.45388, the change between 01/08/2023 and 31/08/2023 is +2.18 %.

01 August 2023	1 THB = 60.79 MMK
02 August 2023	1 THB = 60.68 MMK
03 August 2023	1 THB = 60.46 MMK
04 August 2023	1 THB = 60.15 MMK
07 August 2023	1 THB = 59.68 MMK
08 August 2023	1 THB = 59.70 MMK
09 August 2023	1 THB = 59.41 MMK
10 August 2023	1 THB = 59.34 MMK
11 August 2023	1 THB = 59.23 MMK
12 August 2023	1 THB = 59.75 MMK
14 August 2023	1 THB = 59.51 MMK
15 August 2023	1 THB = 59.07 MMK
16 August 2023	1 THB = 58.74 MMK
17 August 2023	1 THB = 58.65 MMK
18 August 2023	1 THB = 58.65 MMK
20 August 2023	1 THB = 59.18 MMK
21 August 2023	1 THB = 58.65 MMK
22 August 2023	1 THB = 59.06 MMK
23 August 2023	1 THB = 59.39 MMK
24 August 2023	1 THB = 59.58 MMK
25 August 2023	1 THB = 59.44 MMK
28 August 2023	1 THB = 59.34 MMK
29 August 2023	1 THB = 59.04 MMK
30 August 2023	1 THB = 59.41 MMK
31 August 2023	1 THB = 59.47 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.

15/04/2019: Coronation of King Rama X

King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.

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.

19/09/2006: 2006 Thai coup d'état

The military staged a coup overthrowing the government, causing political instability and affecting the currency.

02/07/1997: Asian Financial Crisis

The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.

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.

01/01/1980: Currency Floatation

The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.

14/10/1973: October 14 Uprising

A popular uprising against the military dictatorship led to political reforms and an increase in public participation.

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.

01/01/1942: Japanese Occupation

During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.

24/06/1932: Siamese Revolution

The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.

Historic Thai baht Burmese kyat