Convert Saudi Riyal to Myanma Kyat
Please provide values below to convert Saudi Riyal [SAR] to Myanma Kyat [MMK], or Convert Myanma Kyat to Saudi Riyal.
How to Convert Saudi Riyal to Myanma Kyat
1 SAR = 0.0017841504353779 MMK
Example: convert 15 SAR to MMK:
15 SAR = 15 × 0.0017841504353779 MMK = 0.0267622565306686 MMK
Saudi Riyal to Myanma Kyat Conversion Table
Saudi Riyal | Myanma Kyat |
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Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
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.