Convert United States Dollar to Myanma Kyat
Please provide values below to convert United States Dollar [USD] to Myanma Kyat [MMK], or Convert Myanma Kyat to United States Dollar.
How to Convert United States Dollar to Myanma Kyat
1 USD = 0.000475773449434108 MMK
Example: convert 15 USD to MMK:
15 USD = 15 × 0.000475773449434108 MMK = 0.00713660174151162 MMK
United States Dollar to Myanma Kyat Conversion Table
| United States Dollar | Myanma Kyat |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international 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.