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The kyat is the official money used in Myanmar, a Southeast Asian country. It matters because it's what people in Myanmar use for everyday transactions like buying food, paying bills, and conducting business.
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The kyat ( US: /ˈtʃɑːt/ or /ˈkjɑːt/; Burmese: ကျပ် [tɕɛʔ]; ISO 4217 code MMK) is the currency of Myanmar (Burma). The typical notation for the kyat is "K" (singular) and "Ks." (plural), placed before the numerals followed by "/-". Amounts less than K. 1/- are typically denoted with the number of pyas following "-/" (e.g. -/50 denotes half a kyat).
The term kyat derives from the Burmese unit kyattha (Burmese: ကျပ်သား), equal to about 16 grams (1⁄2 troy oz) of silver.