Tag: Myanmar kyat

New Myanmar kyat note

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…

Myanmar currency – kyat and pya

Myanmar currency is based on kyat and pya. The basic unit is kyat, with one kyat divided into 100 pyas. There are a number of different Myanmar currency notes and coins circulating in Myanmar. Myanmar kyat currency notes currently in…

Myanmar Currency Exchange Rate

As of 1 April 2012, Central Bank of Myanmar has officially float the kyat in the market. Currently, there is not much difference between the official rate and black market. Official rate now reflects the actual market rate. If you…

Money Exchange in Yangon (Rangoon)

If you are visiting Myanmar (Burma) , you will find yourself trying to find a money exchange to change your foreign currency into Myanmar kyat. Although US dollar is universally accepted, small vendors will be reluctant to accept US dollars…