Convert Myanma Kyat to Mongolian Tugrik
Please provide values below to convert Myanma Kyat [MMK] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Myanma Kyat.
How to Convert Myanma Kyat to Mongolian Tugrik
1 MMK = 0.592113036917074 MNT
Example: convert 15 MMK to MNT:
15 MMK = 15 × 0.592113036917074 MNT = 8.88169555375611 MNT
Myanma Kyat to Mongolian Tugrik Conversion Table
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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.
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.