MMK · MMK
Myanmar Kyat (MMK)
The Myanmar Kyat (MMK) is the official currency of Myanmar. This page provides a factual overview of its history, denominations, and role in the economy.
Convert this currency
Converted amount
0.0005 USD
Exchange rate
1 MMK = 0.000478 USD
Updated
8/9/2026 12:00 AM
Source
ApiForex Managed Source 3
MMK · Myanmar Kyat
Myanmar Kyat (MMK): Overview and History
The Myanmar Kyat (MMK) has been the official currency of Myanmar since 1952, replacing the Burmese rupee. The currency is issued and managed by the Central Bank of Myanmar. The name 'kyat' originates from the Burmese unit of weight, reflecting the historical use of silver and other metals as a medium of exchange.
Banknotes are issued in denominations of 50 pyas and 1, 5, 10, 20, 50, 100, 200, 500, 1000, 5000, and 10000 kyats, while coins are available in 10, 50, and 100 kyats. The currency symbol is 'K' and the ISO code is MMK. Due to economic changes, the kyat has undergone several revaluations and demonetizations, with the most recent series introduced in 2012.
The kyat is used for all domestic transactions in Myanmar, though foreign currencies, particularly the US dollar, are sometimes accepted in tourism and certain commercial sectors. The exchange rate is determined by the foreign exchange market, and the Central Bank of Myanmar periodically intervenes to manage volatility. For historical and economic context, the kyat reflects Myanmar's transition from a closed economy to one that is gradually integrating with global markets.
- Code
- MMK
- Symbol
- MMK
- Current rate
- USD / MMK
Currency information
Last updated · 8/7/2026
The kyat was introduced as the official currency of Myanmar in 1952, replacing the Burmese rupee.
- Official name
- Kyat
- Legal tender status
- Legal tender in Myanmar
- Decimal places
- 2
- Minor unit
- Pya · 1 MMK = 100 Pya
- Countries
- Myanmar
- Issuing authority
- Central Bank of Myanmar
- Central bank
- Central Bank of Myanmar · Official website
- Exchange-rate regime
- Managed float
Common banknotes
K 50 · K 100 · K 200 · K 500 · K 1,000 · K 5,000 · K 10,000
Common coins
K 1 · K 5 · K 10 · K 50 · K 100
Also known as
Burmese kyat · Myanmar Kyat · Kyat · MMK · K
Practical notes
- The kyat is divided into 100 pyas, but pyas are rarely used in practice.
- Large denominations like K 10,000 are common.
Priority currency pairs
The most useful conversions for this currency.
Myanmar Kyat questions
What is the MMK exchange rate?
The displayed rate is the latest available reference rate for USD/MMK. It can change throughout the day.
How can I convert MMK online?
Use the converter above to calculate indicative amounts between MMK and the other supported currencies.