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Myanmar General Informaiton


Myanmar Currency

Myanmar Currency

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 ]


Did You Know?
The population of Myanmar is about 60 million. The main language spoken in the country is Myanmar though English is also widely spoken and understood. ... More

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250 delegates from all over the world attend Myanmar's first banking - Invest Myanmar.biz video
250 delegates from all over the world attend Myanmar's first banking

COUNTRY SNAPSHOT
GDP 2010 USD 45.4 B
GDP 2012 USD 54.0 B
Inflation 9.13 %
Unemployment Approx. 35%
GDP growth 2011 5.5 %
FDI 2011 USD 1.05 B
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