Myanmar Kyat US Dollar exchange rate over past six months

Here is the graph that shows the Myanmar kyat exchange rate versus US dollar  since it was floated six months ago. We at Myanmar Today track the exchange rate everyday and plotted it against 1 US dollar. It shows the performance of Myanmar kyat against US dollar.

As can be seen from the graph, as soon as it was floated, the Kyat value drops rapidly from 830 kyats a dollar  to 855 kyats a dollar within two months. From then, kyat value gradually rises and finally it was stable at around 850 kyats per US dollar since around middle of October.