Convert Myanma Kyat to Saudi Riyal
Please provide values below to convert Myanma Kyat [MMK] to Saudi Riyal [SAR], or Convert Saudi Riyal to Myanma Kyat.
How to Convert Myanma Kyat to Saudi Riyal
1 MMK = 560.490853333333 SAR
Example: convert 15 MMK to SAR:
15 MMK = 15 × 560.490853333333 SAR = 8407.3628 SAR
Myanma Kyat to Saudi Riyal Conversion Table
| Myanma Kyat | Saudi Riyal |
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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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.