Convert Malaysian Ringgit to Myanma Kyat
Please provide values below to convert Malaysian Ringgit [MYR] to Myanma Kyat [MMK], or Convert Myanma Kyat to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Myanma Kyat
1 MYR = 0.00201318777393548 MMK
Example: convert 15 MYR to MMK:
15 MYR = 15 × 0.00201318777393548 MMK = 0.0301978166090323 MMK
Malaysian Ringgit to Myanma Kyat Conversion Table
Malaysian Ringgit | Myanma Kyat |
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Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
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.