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 = 1.034 US Dollar
3180 Burmese Kyat = 2.068 US Dollar
7950 Burmese Kyat = 5.169 US Dollar
15900 Burmese Kyat = 10.338 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

Special Report: In a Muslim lawyer's murder, Myanmar's shattered dream

By Tom LasseterYANGON (Reuters) - As Ko Ni...

15 days indicative negative
Myanmar to host int'l textile, garment expo in Yangon in December

An international textile and garment expo hosted by Myanmar will take place in Myanmar's largest city Yangon from Dec. 6-9, according to the event organizer Monday.

25 days conditional positive
Hight Court rules Reuters journalists can appeal

Myanmar's High Court has ruled that two jailed Reuters reporters can appeal their convictions on charges of violating the country's law that prohibits the gathering of secret documents to help an enemy, VOA reported.

26 days conditional negative
Yoma Bank and Early Dawn Microfinance sign a US$10 mn funding agreement

Yoma Bank and Early Dawn Microfinance Company Limited (DAWN) signed a USD 10M local currency equivalent (circa MMK 13.5B) funding agreement in support of DAWN’s microfinance operations in Myanmar.

about 2 months conditional neutral
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.

3 months indicative positive
U.S. dollar closes unchanged on Taipei forex market | Economics | FOCUS TAIWAN - CNA ENGLISH NEWS

Taipei, Jan. 19 (CNA) The U.S. dollar ended unchanged against the Taiwan dollar at NT$30.842 Saturday.

3 days conditional negative
Dollar Exhibits Mixed Trend As Traders Look For Direction

WASHINGTON (Alliance News) - The US dollar is turning in a mixed performance against other major ...

5 days conditional positive
Forex: J$131.36 to one US dollar

KINGSTON, Jamaica — The US dollar on Wednesday, January 16 ended trading at J$131.36 down b...

5 days indicative negative

1590 MMK to USD currency converter