Convert New Taiwan Dollar to Myanma Kyat
Please provide values below to convert New Taiwan Dollar [TWD] to Myanma Kyat [MMK], or Convert Myanma Kyat to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Myanma Kyat
1 TWD = 0.0139710873426326 MMK
Example: convert 15 TWD to MMK:
15 TWD = 15 × 0.0139710873426326 MMK = 0.209566310139489 MMK
New Taiwan Dollar to Myanma Kyat Conversion Table
| New Taiwan Dollar | Myanma Kyat |
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.