Currency of Myanmar: Myanmar Kyat
Myanmar Kyat ยท MMK ยท National
Who Issues Myanmar Kyat in Myanmar
Myanmar's monetary framework uses the Myanmar Kyat (MMK) as the national unit. Central Bank of Myanmar carries the domestic monetary role, while ISO 4217 records numeric code 104.
In Myanmar, Central Bank of Myanmar manages the monetary framework for the Myanmar Kyat in Myanmar. MMK is therefore a nationally administered currency rather than an externally issued unit. The presentation keeps the reference value properly qualified.
Exchange Rate for MMK
For currency calculations involving Myanmar, the useful benchmark is a dated MMK observation with its currency pair stated explicitly. Reference observations are benchmarks, not guaranteed retail transaction prices.
For reference-rate use in Myanmar, match both the currency pair and the observation date before comparing reference rates. A bank, card network or cash desk may apply its own spread or fee to that benchmark.
Banknotes and Coins
Banknotes
The current kyat note family includes K50, K100, K200, K500, K1,000, K5,000, K10,000 and K20,000. The K20,000 note was introduced in 2023 as an additional denomination.
Coins
The kyat coin family contains K1, K5, K10, K50 and K100 denominations, although notes dominate everyday payments.
Frequently Asked Questions
What currency is used in Myanmar?
For a dated MMK observation, the Myanmar Kyat (MMK) is the national currency, with Central Bank of Myanmar responsible for the domestic monetary framework.
Who manages the currency system in Myanmar?
Central Bank of Myanmar is the main monetary authority identified for Myanmar.
Are the exchange rates for Myanmar real-time?
For Myanmar's Myanmar Kyat, a supported conversion is based on the latest reference observation available to the tool, with the observation date shown. That makes it a reference value rather than a guaranteed transaction rate.
Sources & methodology
The institutional description for Myanmar is grounded in Central Bank of Myanmar and the relevant monetary arrangement. ISO 4217 is used for the MMK identifier; exchange-arrangement facts and dated rate observations are treated as different data layers. It leaves the institutional fact separate from market data.
View sources used for this page
- Central Bank of Myanmar - official website
- SIX - ISO 4217 Maintenance Agency
- IMF - Annual Report on Exchange Arrangements and Exchange Restrictions
- BIS - central bank directory and institutional cross-check
- Frankfurter - latest public reference-rate feed used by the converter
- Myanmar government - Central Bank currency press release