United States dollar burmese kyat history for March 2024. The highest quote for this month is 2093.68 (03/03/2024) and the lowest 2093.68 (03/03/2024). The difference between high and low is 0.
USD MMK average rate for March 2024 is 2082.314, the change between 01/03/2024 and 31/03/2024 is -0.63 %.
01 March 2024 | 1 USD = 2080.63 MMK |
03 March 2024 | 1 USD = 2093.68 MMK |
04 March 2024 | 1 USD = 2072.78 MMK |
05 March 2024 | 1 USD = 2080.45 MMK |
06 March 2024 | 1 USD = 2080.25 MMK |
07 March 2024 | 1 USD = 2079.59 MMK |
08 March 2024 | 1 USD = 2070.65 MMK |
10 March 2024 | 1 USD = 2093.68 MMK |
11 March 2024 | 1 USD = 2077.75 MMK |
12 March 2024 | 1 USD = 2093.68 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.