Convert Cuban Peso to Myanma Kyat
Please provide values below to convert Cuban Peso [CUP] to Myanma Kyat [MMK], or Convert Myanma Kyat to Cuban Peso.
How to Convert Cuban Peso to Myanma Kyat
1 CUP = 0.0114185627864186 MMK
Example: convert 15 CUP to MMK:
15 CUP = 15 × 0.0114185627864186 MMK = 0.171278441796279 MMK
Cuban Peso to Myanma Kyat Conversion Table
| Cuban Peso | Myanma Kyat |
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Cuban Peso
The Cuban Peso (CUP) is the official currency of Cuba, used for everyday transactions within the country.
History/Origin
The Cuban Peso has been the official currency of Cuba since 1960, replacing the Cuban peso convertible (CUC) as the primary currency after the monetary reforms. It has undergone various changes in value and design over the years, reflecting Cuba's economic policies and relations.
Current Use
Today, the Cuban Peso is used mainly for domestic transactions, while the CUC is used for tourism and foreign trade. The CUP remains an essential part of Cuba's monetary system, with recent reforms aiming to unify the currency system.
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.