Historic Arab Emirates Dirham Burmese kyat

Arab Emirates Dirham burmese kyat history for February 2024. The highest quote for this month is 572.25 (05/02/2024) and the lowest 570.13 (03/02/2024). The difference between high and low is 0.37.

AED MMK average rate for February 2024 is 567.27037, the change between 01/02/2024 and 29/02/2024 is +0.03 %.

01 February 20241 AED = 565.4 MMK
02 February 20241 AED = 566.2 MMK
03 February 20241 AED = 570.1 MMK
04 February 20241 AED = 570.1 MMK
05 February 20241 AED = 571.6 MMK
06 February 20241 AED = 567.0 MMK
07 February 20241 AED = 566.7 MMK
08 February 20241 AED = 566.4 MMK
09 February 20241 AED = 566.7 MMK
12 February 20241 AED = 565.7 MMK
13 February 20241 AED = 566.3 MMK
14 February 20241 AED = 566.4 MMK
15 February 20241 AED = 566.3 MMK
16 February 20241 AED = 566.1 MMK
17 February 20241 AED = 570.1 MMK
18 February 20241 AED = 570.1 MMK
19 February 20241 AED = 566.3 MMK
20 February 20241 AED = 566.2 MMK
21 February 20241 AED = 566.3 MMK
22 February 20241 AED = 566.3 MMK
23 February 20241 AED = 566.5 MMK
24 February 20241 AED = 570.1 MMK
25 February 20241 AED = 570.1 MMK
26 February 20241 AED = 565.8 MMK
27 February 20241 AED = 566.3 MMK
28 February 20241 AED = 566.2 MMK
29 February 20241 AED = 565.2 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.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

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.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

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.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

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.
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