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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?
Myanmar is a union of many nationalities; speaking over one hundred languages and dialects. The term Myanmar embraces all nationalities. The major races are the Kachin, Kayah, Kayin, Chin, Bamar, Mon, Rakhine and Shan.... ... More

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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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