Convert Myanma Kyat to Cayman Islands Dollar
Please provide values below to convert Myanma Kyat [MMK] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to Myanma Kyat.
How to Convert Myanma Kyat to Cayman Islands Dollar
1 MMK = 2522.3097323893 KYD
Example: convert 15 MMK to KYD:
15 MMK = 15 × 2522.3097323893 KYD = 37834.6459858394 KYD
Myanma Kyat to Cayman Islands Dollar Conversion Table
Myanma Kyat | Cayman Islands Dollar |
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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.
Cayman Islands Dollar
The Cayman Islands Dollar (KYD) is the official currency of the Cayman Islands, used for all monetary transactions within the territory.
History/Origin
Introduced in 1972, the Cayman Islands Dollar replaced the Jamaican dollar at par, establishing a stable local currency for the financial sector and tourism industry.
Current Use
The KYD is widely used in the Cayman Islands for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate of 1 KYD = 1.20 USD.