Pound Sterling to Burmese Kyat — exchange rate

Country of Circulation: United Kingdom, Guernsey, Isle of Man, Jersey

Currency Code, Symbol: GBP, £

Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2

Denominations of banknotes in circulation: £1, £5, £10, £20, £50, £100

History: The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.Read More

Country of Circulation: Myanmar

Currency Code, Symbol: MMK, K

Denominations of coins in circulation: K1, K5, K10, K50, K100

Denominations of banknotes in circulation: K50, K100, K200, K500, K1000, K5000, K10,000

History: The Burmese kyat (К) is the national currency of Myanmar. The country was previously known as Burma. The currency is not used in other states.In international currency exchange, it is called MMK. Pya is used as change for the Burmese kyat. Every MMK has 100 pya. The currency has been officially introduced in circulation in 1952. Before that, the Burmese rupee was used in payment operations. At some point, fluctuations of the American dollar ($) defined the rate of the currency of Myanmar. Now, the currency can float itself.Read More