Burmese Kyat to Norwegian Krone

The Burmese kyat (sign К, code MMK) is the national currency of Myanmar. The country was previously known as Burma. The currency is not used in other states.

Pya is used as change for the Burmese kyat. Every MMK has 100 pya. The currency was officially introduced in circulation in 1952. Before that, the Burmese rupee had been 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.

The Norwegian krone (symbol: kr, code: NOK, number 578) is the national currency of Norway, valid in the country since 1874 to have replaced the Norwegian daler. Although nominally the krone is subdivided into 100 ore, coins denominations of less than 1 crone have been discontinued, and ore has existed only electronically since 2012. The banknotes design bears traditional Scandinavian decorations depicting ships, lighthouses, sea waves, cod.

The exchange rate varies depending on oil prices and other economic factors. The average inflation index is low,e.g. in autumn 2019 it was only 1.8%. During 2017 - 2019, all old banknotes were replaced in the country. They can be exchanged in banks until 2028.