Convert Peruvian Nuevo Sol to Myanma Kyat
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Myanma Kyat [MMK], or Convert Myanma Kyat to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Myanma Kyat
1 PEN = 0.00169265920105173 MMK
Example: convert 15 PEN to MMK:
15 PEN = 15 × 0.00169265920105173 MMK = 0.0253898880157759 MMK
Peruvian Nuevo Sol to Myanma Kyat Conversion Table
| Peruvian Nuevo Sol | Myanma Kyat |
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Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.
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.