New Myanmar kyat note

September 25, 2009
New Myanmar 5000 kyat

New Myanmar 5000 Kyat

Myanmar kyat notes

notes

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.

Related posts:

  1. Myanmar Central Bank warns financial institutions of fake kyat notes
  2. Sudden and unexpected rise in the value of Myanmar Kyat
  3. Myanmar currency – kyat and pya
  4. Myanmar Currency Exchange Rate
  5. Update on foreign currency exchange rate

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38 Responses to New Myanmar kyat note

  1. Ko Than Aung on 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.

    Reply
    • Nui on November 30, 2009 at 11:17 am

      Where u stay in Thaland

      Reply
      • robin on April 25, 2011 at 11:55 am

        I Live in babgkok

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

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

    Reply
    • muchlis on December 13, 2010 at 10:50 am

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

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

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

    Reply
    • gibson on July 4, 2011 at 4:04 pm

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

      Reply
      • John on March 22, 2012 at 4:12 pm

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

        Reply
  4. irfan on 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

    Reply
  5. Sothea on 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.

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

    Could I have free VISA if I go to Myanmar?

    Reply
  7. muchlis on 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

    Reply
  8. Greg on 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

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

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

    Reply
    • gibson on July 4, 2011 at 3:53 pm

      have u change your kyats !

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

    yes., here is also nice here .,

    NNNN

    Reply
  11. Lara on 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

    Reply
  12. sanjeet on 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

    Reply
    • gibson on July 4, 2011 at 3:49 pm

      what is the amount u want to transfer….

      Reply
  13. Kookai on 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..

    Reply
    • gibson on July 4, 2011 at 3:51 pm

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

      Reply
      • FENDER on 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.

        Reply
      • John on 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.

        Reply
  14. hafizul on 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

    Reply
  15. FENDER on 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.

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

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

      Reply
      • fairus on September 19, 2011 at 1:32 pm

        what ur email address..

        Reply
        • John on 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.

          Reply
    • temang on 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

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

    500k Kyat will trade for USD

    Reply
  17. Michael on 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)

    Reply
  18. Alvin on 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

    Reply
    • Alvin on November 27, 2011 at 9:59 pm

      Im Sorry. its 30k Kyats. Thanks

      Reply
  19. Janis on 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.

    Reply
  20. myanmar on December 3, 2011 at 12:13 pm

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

    Reply
  21. John on 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.

    Reply
  22. Omar on 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

    Reply

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