New Myanmar kyat note

New Myanmar 5000 kyat

New Myanmar 5000 Kyat

Myanmar (Burmese) state media on September 24 announced the distribution of new currency notes from the central bank of Myanmar. The new notes are in 5000 kyat denomination, and will be started distribution on first October. The new note will be the same size as other notes currently in use in Myanmar. Currently, the largest currency note in Myanmar is 1000 kyat, which is approximately US$ 0.90. Rumors of new 5000 kyat notes had been circulating in Myanmar since 2006. Due to massive inflation in Myanmar, many Myanmar people have to carry hundreds of one thousand kyat notes whenever they go shopping. It is not unusual to see people carrying thousand kyat notes in large plastic bags in the markets of Myanmar. Many people welcome the news of new 5000 kyat notes by the Central Bank. However, it also causes some panic among locals in Myanmar, which causes unofficial (black market) US dollar – Myanmar kyat exchange rate to rise. US dollar exchange rate in Myanmar was 1070 kyat for one dollar before the announcement. The next day, on 25th September, the rate shoots up to 1160 kyat for one US dollar.

In another related news, locally published The Voice Weekly News Journal reports the news of incidents in Yangon where some people put 20 kyat notes in between 1000 kyat packs. The two currencies are of the same size and color, and can be easily mistaken if not checked carefully.

40 comments for “New Myanmar kyat note

  1. Ko Than Aung
    October 16, 2009 at 8:00 pm

    Could you send to me please, any new about Myanmar! I am currently working in Thiland.
    I really normel person who working in thailand. I like to read new about Myanmar.

    • Nui
      November 30, 2009 at 11:17 am

      Where u stay in Thaland

      • robin
        April 25, 2011 at 11:55 am

        I Live in babgkok

  2. Danny
    November 3, 2009 at 3:33 pm

    Where can i find kyats? I would like to collect them… Thanks!

    • muchlis
      December 13, 2010 at 10:50 am

      u could call me at mobile +6281280921515
      i live in jakarta indonesia…

  3. bam
    February 8, 2010 at 7:04 pm

    i have four 1000 mynamar kyats notes and would like to exchange it for australian money….

    • gibson
      July 4, 2011 at 4:04 pm

      how about change for sing dollars or usd …is that..ok!

      • John
        March 22, 2012 at 4:12 pm

        I have 50000 Kyat i want to exchange into any stable currency. Please help.

  4. irfan
    June 12, 2010 at 7:29 pm

    i live in pakistan city dera ismial khan i have 42000 kates you can use this maynmar kates in pakistan.plz tell me

  5. Sothea
    September 18, 2010 at 4:54 pm

    Could you confirm the exchange rate as on today’s date?
    how much 1USD = Kyats?
    I am from Cambodia.

  6. Sothea
    September 18, 2010 at 4:55 pm

    Could I have free VISA if I go to Myanmar?

  7. muchlis
    December 13, 2010 at 10:49 am

    hi..am dian from jakarta indonesia,if u need kyats money.please call me at +6281280921515
    thx…am waiting ur respons

  8. Greg
    January 9, 2011 at 7:17 pm

    Hi,
    Could you please send me photos of Myanmar coins and notes which have been in circulation in 1948-1988.
    Or web address where I can find them.
    Thanks,
    Greg

  9. Muhammad Zubair
    February 23, 2011 at 5:48 pm

    I have (200 x 60 = 12000)kyats and want to change in USD. Plz help me. thanks

    • gibson
      July 4, 2011 at 3:53 pm

      have u change your kyats !

  10. robin
    April 25, 2011 at 11:56 am

    yes., here is also nice here .,

    NNNN

  11. Lara
    April 26, 2011 at 3:55 pm

    Is there anyone who needs to change their $US OR Indonesian Rupiahs to Myanmar Kyat.. I recently went to Myanmar and I still have about 7,600 Kyat.. Please, if you need it you could call me at +6281284761673

  12. sanjeet
    April 30, 2011 at 5:09 pm

    Excuse me plese …… i wanna ask a question still i am on in U. A .E abudhabi how can i send money to myanmar ,, i mean which bank accouant

    • gibson
      July 4, 2011 at 3:49 pm

      what is the amount u want to transfer….

  13. Kookai
    May 20, 2011 at 7:46 am

    Anyone interested Myanmar Kyatts- US$.. I have 7000kyatt and would like to change it in US Dollars..I am currently in Jakarta.. 081284761673..

    • gibson
      July 4, 2011 at 3:51 pm

      i’ll change for u if u happen to in singapore….

      • FENDER
        August 9, 2011 at 8:38 am

        HYE GIBSON, you in singapore?
        i have go to singapore to change KYATS MYANMAR, but all MC there dont want trade KYATS..
        i have about 50 000 kyats..
        help me FENDER…
        im from malaysia.

      • John
        March 22, 2012 at 4:15 pm

        Hi Gibson i am in Singapore i want to exchange my 50,000 Kyats into Singapore Dollar or any other currency. Please reply me. Thanks.

  14. hafizul
    August 6, 2011 at 9:35 pm

    anyine have MYANMAR KYAT to sell?? i need to buy..as much as u have…please email me as soon as possible….x-zero-or-die-x@hotmail.com

  15. FENDER
    August 9, 2011 at 8:36 am

    hye all..
    GIBSON, you in singapore?
    i have go to singapore to change KYATS MYANMAR, but all MC there dont want trade KYATS..
    i have about 50 000 kyats..
    can u help me?
    im from negeri sembilan , malaysia.

    • A.irus
      August 12, 2011 at 2:59 pm

      Im negeri sembilan, please email me, how much you want to sell

      • fairus
        September 19, 2011 at 1:32 pm

        what ur email address..

        • John
          March 22, 2012 at 4:17 pm

          my email irangjoute@gmailcom . Please email me . I have lots of Myanmer Kyats that i want to convert.

    • August 16, 2011 at 12:02 pm

      Fender….

      u got 50k kyats aite?willing to trade with me in RM?if yes, sms/call my number +60122923458

  16. David
    August 27, 2011 at 3:21 pm

    500k Kyat will trade for USD

  17. Michael
    October 24, 2011 at 7:12 pm

    Hi all i have about 22k kyat anyone interested please email me at gambit83.ml@gmail.com (Reside in Singapore)

  18. Alvin
    November 27, 2011 at 9:55 pm

    Can i know whats the rate for Kyats now? I got 3k kyats now and i would like to convert to RM. Thanks

    • Alvin
      November 27, 2011 at 9:59 pm

      Im Sorry. its 30k Kyats. Thanks

  19. Janis
    November 29, 2011 at 3:57 pm

    I want to sell 1 M kyats, please help me. i am in hong kong. i can come to Tai or Singapure.

  20. December 3, 2011 at 12:13 pm

    check ur daily myanmar exchange rate at http://www.myanmar-house.com/rates/

  21. John
    March 22, 2012 at 4:20 pm

    my email irangjoute@gmailcom . Please email me . I have lots of Myanmer Kyats that i want to exchange to Dollar or other currency.

  22. Omar
    April 4, 2012 at 7:05 pm

    Hi. my email is omar.affendi@gmail.com. I had 100k Myanmar Kyat that i want to exchange to Dollar Singapor or Dollar US. Can somebody help me please

  23. September 6, 2014 at 3:21 pm

    Hi. my email is omar.affendi@gmail.com. I had 100k Myanmar Kyat that i want to exchange to Dollar Singapor or Dollar US. Can somebody help me please

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