Burmese Kyat

Burmese Kyat

The kyat (, US: or ; Burmese: ကျပ် [tɕaʔ]; ISO 4217 code MMK) is the currency of Myanmar (Burma). It is often abbreviated as "K" (singular or plural) or "Ks" (plural), which is placed before or after the numerical value, depending on author preference. The term kyat derives from the ancient Burmese unit kyattha, equal to 16.3 grams of silver.

US Dollar

US Dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its territories per the United States Constitution since 1792. For most practical purposes, it is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting purposes. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars (12 U.S.C. § 418). Since the suspension in 1971 of convertibility of paper U.S. currency into any precious metal, the U.S. dollar is, de facto, fiat money. As it is the most used in international transactions, the U.S. dollar is the world's primary reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. Besides the United States, it is also used as the sole currency in two British Overseas Territories in the Caribbean: the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while still minting their own coins, or also accept U.S. dollar coins (such as the Sacagawea or presidential dollar). As of June 27, 2018, there are approximately $1.67 trillion in circulation, of which $1.62 trillion is in Federal Reserve notes (the remaining $50 billion is in the form of coins).

1590 Burmese Kyat to US Dollar exchange rates chart

1590 MMK to USD exchange rates graph
1590 MMK to USD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1590 MMK to USD exchange rates table

Exchange MMK to USD
1590 Burmese Kyat = 1.000 US Dollar
3180 Burmese Kyat = 2.000 US Dollar
7950 Burmese Kyat = 4.999 US Dollar
15900 Burmese Kyat = 9.998 US Dollar
Exchange Burmese Kyat to US Dollar
1590 Burmese Kyat to US Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

1590 MMK to USD exchange rates news

Arms, ammunitions seized, militant nabbed

Uniindia: Imphal, Oct 9 (UNI)Manipur Police and Thoubal Battalion in a joint operation recovered a huge cache of foreign weapons, ammunition and other war like stores from general area Thoubal today.

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Movie Time: Screening from October 12 to 18

A Way Chit A film by Ko Zaw (Arr Yone Oo), this is a Burmese drama and comedy film featuring Aung Ye Lin, Soe Myat Thu Zar, Thet Mon Myint, Htun Ko Ko and Thandar Bo.

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Movie Time: Screenings from October 19 to 25

Ta Say Par Lar Bi Directed by R.Peraks, it is a Burmese horror film casting by Pyay Ti Oo, Ei Chaw Po, Nyi Htut Kaung, Khin Hlaing, Aung Zaw Min and other acts.

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'We feel like hermit crabs': Myanmar's climate dispossessed

In the coastal town of Khindan, the catastrophic effect of rising sea levels is all too apparent

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US Dollar Losses Hit Pause after October CPI; Focus Remains on Brexit

The DXY Index is off the lows, and rates markets are continuing to price in December for another rate hike from the Fed.

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Pound-to-US-Dollar Exchange Rate: GBP/USD Starts The Week On Soft Footing As Brexit Anxiety Mounts

Brexit speculation failed to prevent the GBP/USD exchange rate sinking at the start of the week

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Pound US dollar exchange rate: GBP retreats as Brexit text faces Cabinet scrutiny

THE pound US dollar exchange rate has fallen as much as 0.5 per cent this morning, slumping from a high of $1.302 to the current rate of $1.295 as Brexit jitters weigh on sentiment.

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1590 MMK to USD currency converter