Convert Myanma Kyat to Australian Dollar
Please provide values below to convert Myanma Kyat [MMK] to Australian Dollar [AUD], or Convert Australian Dollar to Myanma Kyat.
How to Convert Myanma Kyat to Australian Dollar
1 MMK = 1374.47076902956 AUD
Example: convert 15 MMK to AUD:
15 MMK = 15 × 1374.47076902956 AUD = 20617.0615354434 AUD
Myanma Kyat to Australian Dollar 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.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.