Currency Pair PGK/MMK: Papua New Guinean Kina and Myanmar Kyat

Introduction to Currency Pair PGK/MMK

The currency pair PGK/MMK represents the Papua New Guinean Kina (PGK) and the Myanmar Kyat (MMK). These two currencies are important for trade and economic relations between the two countries. In this article, we will explore the characteristics of each currency and their significance in the global market.

Papua New Guinean Kina (PGK)

The Papua New Guinean Kina is the official currency of Papua New Guinea and is abbreviated as PGK. The currency was introduced in 1975, replacing the previous currency, the Australian dollar. The Kina is divided into 100 toea. Papua New Guinea is rich in natural resources such as gold, copper, and oil, making the currency important for international trade within these sectors.

Myanmar Kyat (MMK)

The Myanmar Kyat, abbreviated as MMK, is the official currency of Myanmar. The Kyat has a long history and has undergone several changes over the years. The modern version of the Kyat was introduced in 1952. Myanmar is known for its agricultural products, natural gas, and minerals, making the Kyat significant for the country's exports and economic growth.

Convert Between Currencies

On our website, you can easily convert between different currencies, including PGK and MMK. Follow these steps to use our currency converter:

Enter the amount you want to convert.
Select the source currency.
Select the target currency.
The conversion will be done automatically.

In addition to converting between PGK and MMK, you can also view a chart with historical figures for the currency pair. This will help you gain a better understanding of the currencies' historical performance and trends.

Summary

The currency pair PGK/MMK is an important part of the economic relations between Papua New Guinea and Myanmar. By using our currency converter, you can easily and quickly convert between these and other currencies, as well as gain insight into their historical development. Explore our website to take advantage of these tools and stay updated with current exchange rates.