Convert British Pound Sterling to Myanma Kyat
Please provide values below to convert British Pound Sterling [GBP] to Myanma Kyat [MMK], or Convert Myanma Kyat to British Pound Sterling.
How to Convert British Pound Sterling to Myanma Kyat
1 GBP = 0.000352167507271127 MMK
Example: convert 15 GBP to MMK:
15 GBP = 15 × 0.000352167507271127 MMK = 0.0052825126090669 MMK
British Pound Sterling to Myanma Kyat Conversion Table
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British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency 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.