Convert Myanma Kyat to New Zealand Dollar
Please provide values below to convert Myanma Kyat [MMK] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to Myanma Kyat.
How to Convert Myanma Kyat to New Zealand Dollar
1 MMK = 1259.34134212103 NZD
Example: convert 15 MMK to NZD:
15 MMK = 15 × 1259.34134212103 NZD = 18890.1201318155 NZD
Myanma Kyat to New Zealand 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.
New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.