Convert New Zealand Dollar to Myanma Kyat
Please provide values below to convert New Zealand Dollar [NZD] to Myanma Kyat [MMK], or Convert Myanma Kyat to New Zealand Dollar.
How to Convert New Zealand Dollar to Myanma Kyat
1 NZD = 0.000794065887105526 MMK
Example: convert 15 NZD to MMK:
15 NZD = 15 × 0.000794065887105526 MMK = 0.0119109883065829 MMK
New Zealand Dollar to Myanma Kyat Conversion Table
| New Zealand Dollar | Myanma Kyat |
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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.
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.