Burmese Kyat
(MMK) Insights
Currency of SE Asian nation under military junta (since 2021 coup); major sanctions target; economy heavily impacted by civil conflict; jade, gems, rice, natural gas exporter; significant informal economy and parallel FX markets
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Currency Snapshot
Technical specifications, central bank governance, and market standing for Burmese Kyat.
MMK
Standardized ISO 4217 Currency Code
K
Unicode Glyphs & Display Symbol
1/100 = Pya Decimals
Subdivision unit definition
Myanmar
Central Bank of Myanmar (CBM)
Central Bank of Myanmar (CBM)
Multiple official rates (CBM reference rate vs black market)
Market-determined exchange rate mechanism
Currency Standard: Fiat (military-managed multiple rates)
Classified as Fiat (military-managed multiple rates) in global trade networks
Banknotes
K50
Coins
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Global Network Integration
The FX Intelligence terminal maps the institutional footprint of the Burmese Kyat, highlighting cross-border utilization and primary trading corridors.
Verified Authority
Regulated data streams mapped to Central Bank of Myanmar (CBM).
MMK Market Insights
Deep-dive analysis of the Burmese Kyat's global impact, remittance role, and institutional influence.
Strong Currency Impact
Cheaper imports; lower gem/jade export revenues in kyat
Weak Currency Impact
Higher export revenues; severe import inflation; fuel price increases; economic hardship
Remittance Role
Myanmar receives significant remittances from diaspora in Thailand, Malaysia, Singapore, USA, Japan; estimated $3+ billion/year; informal channels dominant post-coup
Central Bank Tools
Reference Rate, Exchange controls, Reserve Requirements
Common Questions About Burmese Kyat
Everything you need to know about MMK exchange rates, banknotes, and historical significance.