Burmese Kyat to US Dollar — exchange rate

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

Country of Circulation: United States, British Virgin Islands, Ecuador, Panama and others

Currency Code, Symbol: USD, $

Denominations of coins in circulation: 1¢, 5¢, 10¢, 25¢

Denominations of banknotes in circulation: $1, $2, $5, $10, $20, $50, $100

History: The US dollar ($) is the national currency of the United States of America, one of the global reserve currencies. It is used as an official currency unit in Salvador, Marshall Islands, Panama, Bermuda. USD is used as an abbreviation for convenience and internationalization purposes.The US dollar is subdivided into cents. Every dollar has 100 cents. The currency has existed since 1792. The first dollars were made out of silver, then paper notes appeared. They have had the traditional greenish or grey color from the outset. Around 35 million pieces of dollars of different denomination worth 635 million emigrate to the USA daily. 95% of the banknotes are to replace worn-out notes.Read More