Convert Mongolian Tugrik to Myanma Kyat
Please provide values below to convert Mongolian Tugrik [MNT] to Myanma Kyat [MMK], or Convert Myanma Kyat to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Myanma Kyat
1 MNT = 1.6888667157316 MMK
Example: convert 15 MNT to MMK:
15 MNT = 15 × 1.6888667157316 MMK = 25.3330007359739 MMK
Mongolian Tugrik to Myanma Kyat Conversion Table
| Mongolian Tugrik | Myanma Kyat |
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Mongolian Tugrik
The Mongolian Tugrik (MNT) is the official currency of Mongolia, used for all monetary transactions within the country.
History/Origin
Introduced in 1925, the Tugrik has undergone various reforms and redenominations, especially after Mongolia's independence from China and during the transition from a socialist economy to a market economy.
Current Use
Today, the Tugrik is widely used in Mongolia for everyday transactions, with banknotes and coins circulating throughout the country. It is also traded in foreign exchange markets.
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.