Burmese Kyat

Burmese Kyat

The kyat (, US: or ; Burmese: ကျပ် [tɕaʔ]; ISO 4217 code MMK) is the currency of Myanmar (Burma). It is often abbreviated as "K" (singular or plural) or "Ks" (plural), which is placed before or after the numerical value, depending on author preference. The term kyat derives from the ancient Burmese unit kyattha, equal to 16.3 grams of silver.

Danish Krone

Danish Krone

The krone (Danish pronunciation: [ˈkʁoːnə]; plural: kroner; sign: kr.; code: DKK) is the official currency of Denmark, Greenland and the Faroe Islands, introduced on 1 January 1875. Both the ISO code "DKK" and currency sign "kr." are in common use; the former precedes the value, the latter in some contexts follows it. The currency is sometimes referred to as the Danish crown in English, since krone literally means crown. Historically, krone coins have been minted in Denmark since the 17th century. One krone is subdivided into 100 øre (Danish pronunciation: [ˈøːɐ]; singular and plural), the name øre possibly deriving from Latin aureus meaning "gold coin". Altogether there are eleven denominations of the krone, with the smallest being the 50 øre coin, which is valued at one half of a krone. Formerly there were more øre coins, but those were discontinued due to inflation. The krone is pegged to the euro via the ERM II, the European Union's exchange rate mechanism. Adoption of the euro is favoured by some of the major political parties, however a 2000 referendum on joining the Eurozone was defeated with 53.2% voting to maintain the krone and 46.8% voting to join the Eurozone.

242 Burmese Kyat to Danish Krone exchange rates chart

242 MMK to DKK exchange rates graph
242 MMK to DKK Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

242 MMK to DKK exchange rates table

Exchange MMK to DKK
242 Burmese Kyat = 1.031 Danish Krone
484 Burmese Kyat = 2.061 Danish Krone
1210 Burmese Kyat = 5.153 Danish Krone
2420 Burmese Kyat = 10.307 Danish Krone
Exchange Burmese Kyat to Danish Krone
242 Burmese Kyat to Danish Krone Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

242 MMK to DKK exchange rates news

Special Report: In a Muslim lawyer's murder, Myanmar's shattered dream

By Tom LasseterYANGON (Reuters) - As Ko Ni...

14 days indicative negative
Myanmar to host int'l textile, garment expo in Yangon in December

An international textile and garment expo hosted by Myanmar will take place in Myanmar's largest city Yangon from Dec. 6-9, according to the event organizer Monday.

24 days conditional positive
Hight Court rules Reuters journalists can appeal

Myanmar's High Court has ruled that two jailed Reuters reporters can appeal their convictions on charges of violating the country's law that prohibits the gathering of secret documents to help an enemy, VOA reported.

25 days conditional negative
Yoma Bank and Early Dawn Microfinance sign a US$10 mn funding agreement

Yoma Bank and Early Dawn Microfinance Company Limited (DAWN) signed a USD 10M local currency equivalent (circa MMK 13.5B) funding agreement in support of DAWN’s microfinance operations in Myanmar.

about 2 months conditional neutral
Movie Time: Screenings from October 19 to 25

Ta Say Par Lar Bi Directed by R.Peraks, it is a Burmese horror film casting by Pyay Ti Oo, Ei Chaw Po, Nyi Htut Kaung, Khin Hlaing, Aung Zaw Min and other acts.

3 months indicative positive

242 MMK to DKK currency converter