File:2020MyanmarKyat.png · Wikimedia Commons · See Wikimedia Commons
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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Wikidata facts
Show 8 more facts
- unit symbol
- K
- applies to jurisdiction
- Myanmar
- price
- 0.0006311
- central bank/issuer
- Central Bank of Myanmar
- replaces
- Burmese rupee
- start time
- 1952-07-01
- Commons category
- Money of Myanmar
- conversion to standard unit
- 0.0034667692830374
Sources (3)
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Encyclopedic overview
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.
Excerpted from Wikipedia’s “kyat” article, available under the CC BY-SA 4.0 licence.