Convert Myanma Kyat to United States Dollar
Please provide values below to convert Myanma Kyat [MMK] to United States Dollar [USD], or Convert United States Dollar to Myanma Kyat.
How to Convert Myanma Kyat to United States Dollar
1 MMK = 2101.8407 USD
Example: convert 15 MMK to USD:
15 MMK = 15 × 2101.8407 USD = 31527.6105 USD
Myanma Kyat to United States Dollar Conversion Table
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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.
United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.