Convert Macanese Pataca to Myanma Kyat
Please provide values below to convert Macanese Pataca [MOP] to Myanma Kyat [MMK], or Convert Myanma Kyat to Macanese Pataca.
How to Convert Macanese Pataca to Myanma Kyat
1 MOP = 0.00384691380274442 MMK
Example: convert 15 MOP to MMK:
15 MOP = 15 × 0.00384691380274442 MMK = 0.0577037070411663 MMK
Macanese Pataca to Myanma Kyat Conversion Table
Macanese Pataca | Myanma Kyat |
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Macanese Pataca
The Macanese Pataca (MOP) is the official currency of Macau, used for everyday transactions and financial dealings within the region.
History/Origin
Introduced in 1999, the Pataca replaced the Macau pataca, and has since been pegged to the Hong Kong dollar at a fixed rate, reflecting Macau's economic ties with Hong Kong and China.
Current Use
The Pataca remains the primary currency in Macau, widely used for commerce, banking, and tourism-related transactions.
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.