Convert Chinese Yuan to Myanma Kyat
Please provide values below to convert Chinese Yuan [CNY] to Myanma Kyat [MMK], or Convert Myanma Kyat to Chinese Yuan.
How to Convert Chinese Yuan to Myanma Kyat
1 CNY = 0.00341315114889535 MMK
Example: convert 15 CNY to MMK:
15 CNY = 15 × 0.00341315114889535 MMK = 0.0511972672334302 MMK
Chinese Yuan to Myanma Kyat Conversion Table
| Chinese Yuan | Myanma Kyat |
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Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).
Myanma Kyat
The Myanma Kyat (MMK) is the official currency of Myanmar, used for all monetary transactions within the country.
History/Origin
The Kyat was introduced in 1952, replacing the Indian Rupee, and has undergone several reforms and redenominations over the years to stabilize Myanmar's economy.
Current Use
Today, the Kyat is the primary currency in Myanmar, used in everyday transactions, banking, and financial markets, with banknotes and coins issued by the Central Bank of Myanmar.