Burmese Kyat - Current MMK Exchange Rates

Current MMK Exchange Rates

From 2001-2012, the official exchange rate varied between 5.75 and 6.70 kyats per US dollar (8.20 to 7.00 kyats per euro). However, the street rate (black market rate), which more accurately took into account the standing of the national economy, has varied from 750 kyats to 1335 kyats per USD (985 to 1475 kyats per EUR). Black market exchange rates (USD to MMK) decrease during the peak of the tourist season in Burma (December to January).

The following exchange rates are official and are primarily stagnant, since the kyat is officially pegged to the SDR. They do not indicate the true exchange rates paid.

• 1 USD = K 6.51
• 1 EUR = K 9.3723
• 1 GBP = K 10.5613
• 1 JPY = K 0.0702
• 1 CNY = K 0.9541

According to Myanmar Directory, which provides accurate estimates of the black market (street rate, and hence unofficial), are as follows:

• 1 USD = K 1280
• 1 USD = K 1350
• 1 USD = K 1325
• 1 USD = K 1100
• 1 USD = K 1240
• 1 USD = K 1130
• 1 USD = K 960
• 1 USD = K 1040
• 1 USD = K 890
• 1 USD = K 830
• 1 USD = K 823
• 1 USD = K 752

According to Myanmar IT, a Burmese website which updates exchange rates daily, the exchange rates are as follows: ShweRoom

• 1 USD = K 870
• 1 USD = K 895
• 1 USD = K 754
• 1 SGD = K 690
• 1 SGD = K 613

Myanmar kyat exchange rate has dropped recently. According to Myanmar IT, a Myanmar website which has daily exchange rates, the exchange rates are as follows:

• 1 SGD = K 610
• 1 SGD = K 611
• 1 USD = K 786
• 1 USD = K 780

On 2 April 2012, the Central Bank of Myanmar announced that the value of the kyat against the US dollar would float, setting an initial rate of K 818 per US dollar.