Convert Philippine Peso to Myanma Kyat
Please provide values below to convert Philippine Peso [PHP] to Myanma Kyat [MMK], or Convert Myanma Kyat to Philippine Peso.
How to Convert Philippine Peso to Myanma Kyat
1 PHP = 0.0270916344897118 MMK
Example: convert 15 PHP to MMK:
15 PHP = 15 × 0.0270916344897118 MMK = 0.406374517345677 MMK
Philippine Peso to Myanma Kyat Conversion Table
| Philippine Peso | Myanma Kyat |
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Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.
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.