The official currency of Myanmar is, and has been since 1952, the Kyat.
This currency is made up of both banknotes and coins. The Kyat exists in paper form in 1; 5; 10; 20; 50; 100; 200; 500; 1,000; 5,000; and 10,000 denominations. However, the 5,000 and 10,000 Kyat bills are rarely used.
There are 100 Pya in 1 Kyat. Coins exist in 1, 5, 10, 25, 50 Pya forms, as well as denominations of 1, 5, 10, 50, and 100 Kyat.
Coins are extremely rare in Myanmar. When a trip to the super market costs approximately 20,000 Kyat, 1 Pya coins become almost... [ More ]
Share:
Did You Know?
Myanmar is very rich in natural resources like petroleum, timber, tin, antimony, zinc, copper, tungsten, lead, coal, some marble, limestone, precious stones, natural gas and hydropower. ... More