Burmese Kyat in Cuban convertible peso

MMK Burmese Kyat

Country of application:
Myanmar

Coin denominations in circulation:
1, 5, 10, 50, 100 Burmese Kyat.

Denominations of banknotes in circulation:
50, 100, 200, 500, 1000, 5000, 10,000 Burmese Kyat.

History reference:
The Myanmar Kyat has been the national currency and money of the Republic of the Union of Myanmar since 1989. Replaced the Burmese rupee. Kyat has been known since the middle of the 19th century as a... Tikal payment system for several countries - Burma, Siam, Laos, Cambodia. Myanmar is located in mainland Southeast Asia. In 1989, the ruling military government changed the countrys name to Myanmar, from Burma. However, the description of the adjective is still Burmese, not Myanmar. The first Burmese money were coins - kyat and pya, issued in the second half of the 19th century. These coins were in circulation until April 1, 1892. A year later, Burma falls under the dependence of British India, and the Indian rupee is introduced into the country, which later becomes the Burmese rupee.

CUC Cuban convertible peso

Country of application:
Cuba

Coin denominations in circulation:
5, 10, 25, 50 centavos, 1 Cuban Convertible Peso.

Denominations of banknotes in circulation:
1, 3, 5, 10, 20, 50, 100 Cuban Convertible Pesos.

History reference:
On October 23, 2013, a message was published by the Council of Ministers of Cuba on agreeing on a schedule for the implementation of measures to unify the countrys monetary circulation, providing for... a gradual transition from a system of two currencies to a single Cuban currency[1]. On January 1, 2021, a large-scale reform was launched in the republic to abolish the dual monetary system, announced in December 2020 by Cuban President Miguel Mario Diaz-Canel.[2] From the beginning of 2021, Cuba began to withdraw convertible pesos from circulation, giving citizens 180 days to exchange savings in banks for Cuban pesos at a rate of 1:24