Historic Thai baht Burmese kyat

Thai baht burmese kyat history for February 2024. The highest quote for this month is 58.894 (04/02/2024) and the lowest 59.598 (03/02/2024). The difference between high and low is -1.2.

THB MMK average rate for February 2024 is 58.13015, the change between 01/02/2024 and 29/02/2024 is +1.15 %.

01 February 20241 THB = 58.40 MMK
02 February 20241 THB = 58.90 MMK
03 February 20241 THB = 58.89 MMK
04 February 20241 THB = 58.93 MMK
05 February 20241 THB = 59.00 MMK
06 February 20241 THB = 58.22 MMK
07 February 20241 THB = 58.54 MMK
08 February 20241 THB = 58.62 MMK
09 February 20241 THB = 58.07 MMK
12 February 20241 THB = 57.92 MMK
13 February 20241 THB = 57.97 MMK
14 February 20241 THB = 57.67 MMK
15 February 20241 THB = 57.67 MMK
16 February 20241 THB = 57.68 MMK
17 February 20241 THB = 58.19 MMK
18 February 20241 THB = 57.92 MMK
19 February 20241 THB = 57.86 MMK
20 February 20241 THB = 57.56 MMK
21 February 20241 THB = 57.81 MMK
22 February 20241 THB = 58.02 MMK
23 February 20241 THB = 57.91 MMK
24 February 20241 THB = 58.32 MMK
25 February 20241 THB = 58.10 MMK
26 February 20241 THB = 57.82 MMK
27 February 20241 THB = 57.87 MMK
28 February 20241 THB = 57.95 MMK
29 February 20241 THB = 57.73 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.
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