Myanma kyat
Encyclopedia
The kyat is the currency
of Burma (Myanmar). It is often abbreviated as "K", which is placed before the numerical value.
, which replaced the kyat after Burma was conquered by the British.
ese occupied Burma in 1942, they introduced a currency based on the rupee
. This was replaced at par by the kyat in 1943. This kyat was subdivided into 100 cent
s. The kyat became worthless at the end of the war when the rupee
was reintroduced.
at par. Decimalization also took place, with the kyat subdivided into 100 pya.
, the second last king of Burma, established the Royal Mint in Mandalay (Central Burma). The dies were made in Paris. Silver coins were minted in denominations of 1 pe, 1 mu (2 pe), 1 mat (4 pe), 5 mu (10 pe) and 1 kyat, with gold 1 pe and 1 mu. The obverses bore the Royal Peacock Seal, from which the coins got their name. The reverse contained the denomination and mint date (in the Burmese era, which starts from A.D. 638). In the 1860s and 1870s, lead coins were issued for ⅛ and ¼ pya, with copper, brass, tin and iron ¼ pe (1 pya) and copper 2 pya. Further gold goins were issued in 1866 for 1 pe, 2½ mu and 1 kyat, with 5 mu issued in 1878.
In late 2008, the Burmese government announced that new 50 and 100 Kyat coins would be issued. According to newspaper articles, the new 50 kyat coin would be made of copper, with the usual Burmese lion on the obverse and the Lotus Fountain from Naypyidaw
on the reverse. The 100 Kyat coin would be of cupro-nickel and depict the Burmese lion on the obverse and the value on the reverse.
In 1972, the Union of Burma Bank took over note issuance, with notes introduced between 1972 and 1979 for 1, 5, 10, 25, 50 and 100 kyats. The notes were printed by the Security Printing Works in Wazi, Upper Burma (established circa 1972) under the technical direction of the German firm Giesecke & Devrient. On November 3, 1985, the 25-, 50-, and 100-kyat notes were demonetized without warning, though the public was allowed to exchange limited amounts of the old notes for new ones. All other denominations then in circulation remained legal tender
. On November 10, 1985, 75-kyat notes were introduced, the odd denomination possibly chosen because of dictator Ne Win
's predilection for numerology
; the 75-kyat note was supposedly introduced to commemorate his 75th birthday. It was followed by the introduction of 15- and 35-kyat notes on August 1, 1986.
Only two years later, on September 5, 1987, the government demonetized the 25-, 35-, and 75-kyat notes without warning or compensation, rendering some 75% of the country's currency worthless. The resulting economic disturbances led to serious riots (see 8888 Uprising
) and eventually a coup d'état in 1988 by General Saw Maung
. On September 22, 1987, banknotes for 45 and 90 kyat were introduced, both of which incorporated Ne Win's favorite number, nine.
Following the change of the country's name to Myanmar on June 20, 1989, new notes began to be issued. This time, the old notes were not demonetized, but simply allowed to fall into disuse through inflation as well as wear and tear. On March 1, 1990, 1-kyat notes were issued, followed by 200-kyat notes on March 27, 1990. On March 27, 1994, notes for 50 pya, 20, 50, 100, and 500 kyats were issued, followed, on May 1, 1995, by new 5- and 10-kyat notes. 1,000-kyat notes were introduced in November 1998.
In 2003, rumours of another pending demonetization swept through the country, resulting in the junta issuing official denials, but this time the demonetization did not materialize. In 2004, the sizes of the 200, 500, and 1,000 kyats were reduced in size (to make all Myanma banknotes uniform in size) but larger notes remain in circulation. 50 pya, 1, and 5 kyat banknotes are now rarely seen, because of their low value.
On October 1, 2009, banknotes were released with a value of 5000 kyats and it is 15cm by 7cm. On the top is written Central Bank of Myanmar
in Burmese and in the center is white elephant. On the back is a picture of the Central Bank of Myanmar with "5000 kyat" written English. This new release of notes, has a significantly higher value than the next highest value banknotes currently in circulation, being 1000 kyats. Public response has been mixed, with some welcoming a higher value bill reducing the number of banknotes which need to be carried. Other responses have suggested a widespread fear that this will simply fuel the current rate of inflation, which was supported by a jump in the blackmarket exchange rates following the public announcement of this change.
The following exchange rates are official and are primarily stagnant, since the kyat is officially pegged to the SDR
. They do not indicate the true exchange rates paid.
Rates are as of 4 January 2010.
According to The Irrawaddy
, which provides accurate estimates of the black market (street rate, and hence unofficial), are as follows:
According to Shwe Rooms, a Burmese website which updates exchange rates daily, the exchange rates are as follows
Currency
In economics, currency refers to a generally accepted medium of exchange. These are usually the coins and banknotes of a particular government, which comprise the physical aspects of a nation's money supply...
of Burma (Myanmar). It is often abbreviated as "K", which is placed before the numerical value.
First kyat, 1852-1889
The kyat was a denomination of both silver and gold coinages in Burma until 1889. It was divided into 20 pe, each of 4 pya, with the mu and mat worth 2 and 4 pe, respectively. Nominally, 16 silver kyat equal 1 gold kyat. The silver kyat was equivalent to the Indian rupeeIndian rupee
The Indian rupee is the official currency of the Republic of India. The issuance of the currency is controlled by the Reserve Bank of India....
, which replaced the kyat after Burma was conquered by the British.
Second kyat, 1943-1945
When the JapanJapan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
ese occupied Burma in 1942, they introduced a currency based on the rupee
Burmese rupee
The rupee was the currency of Burma between 1852 and 1952, except for the years 1943-1945.-History:When Burma was conquered by the British, the Indian rupee replaced the kyat at par. From 1897, the government of India issued notes in Rangoon of the same general type as were issued in India but...
. This was replaced at par by the kyat in 1943. This kyat was subdivided into 100 cent
Cent (currency)
In many national currencies, the cent is a monetary unit that equals 1⁄100 of the basic monetary unit. Etymologically, the word cent derives from the Latin word "centum" meaning hundred. Cent also refers to a coin which is worth one cent....
s. The kyat became worthless at the end of the war when the rupee
Burmese rupee
The rupee was the currency of Burma between 1852 and 1952, except for the years 1943-1945.-History:When Burma was conquered by the British, the Indian rupee replaced the kyat at par. From 1897, the government of India issued notes in Rangoon of the same general type as were issued in India but...
was reintroduced.
Third kyat, 1952-
The present kyat was introduced on 1 July 1952. It replaced the rupeeBurmese rupee
The rupee was the currency of Burma between 1852 and 1952, except for the years 1943-1945.-History:When Burma was conquered by the British, the Indian rupee replaced the kyat at par. From 1897, the government of India issued notes in Rangoon of the same general type as were issued in India but...
at par. Decimalization also took place, with the kyat subdivided into 100 pya.
First kyat
In 1852, MindonMindon
Mindon may refer to:*mindon - hypothetical spirit particles for telepathy*Mindon Min -King of Burma*Mindon, Burma - a town...
, the second last king of Burma, established the Royal Mint in Mandalay (Central Burma). The dies were made in Paris. Silver coins were minted in denominations of 1 pe, 1 mu (2 pe), 1 mat (4 pe), 5 mu (10 pe) and 1 kyat, with gold 1 pe and 1 mu. The obverses bore the Royal Peacock Seal, from which the coins got their name. The reverse contained the denomination and mint date (in the Burmese era, which starts from A.D. 638). In the 1860s and 1870s, lead coins were issued for ⅛ and ¼ pya, with copper, brass, tin and iron ¼ pe (1 pya) and copper 2 pya. Further gold goins were issued in 1866 for 1 pe, 2½ mu and 1 kyat, with 5 mu issued in 1878.
Third kyat
In 1952, coins were introduced for 1, 5, 10, 25 and 50 pyas and 1 kyat. 1 pya coins were last minted in 1966, with the 5 and 25 pya last minted in 1987 and the 10 and 50 pya in 1991. In 1999, a new series of coins was issued in denominations of 1, 5, 10, 50 and 100 kyats.In late 2008, the Burmese government announced that new 50 and 100 Kyat coins would be issued. According to newspaper articles, the new 50 kyat coin would be made of copper, with the usual Burmese lion on the obverse and the Lotus Fountain from Naypyidaw
Naypyidaw
Naypyidaw is the capital city of Burma, also known as Myanmar. It is administered as the Naypyidaw Union Territory, as per the 2008 Constitution. On 6 November 2005, the administrative capital of Myanmar was officially moved to a greenfield 3.2 km west of Pyinmana, and approximately...
on the reverse. The 100 Kyat coin would be of cupro-nickel and depict the Burmese lion on the obverse and the value on the reverse.
| 1991 Series | ||||||||
|---|---|---|---|---|---|---|---|---|
| Image | Value | Technical parameters | Description | Date of first minting | ||||
| Diameter | Weight | Composition | Edge | Obverse | Reverse | |||
| http://worldcoingallery.com/countries/img2/127-57.jpg | 10 pyas | 10 mm | Brass Brass Brass is an alloy of copper and zinc; the proportions of zinc and copper can be varied to create a range of brasses with varying properties.In comparison, bronze is principally an alloy of copper and tin... |
Rice Rice Rice is the seed of the monocot plants Oryza sativa or Oryza glaberrima . As a cereal grain, it is the most important staple food for a large part of the world's human population, especially in East Asia, Southeast Asia, South Asia, the Middle East, and the West Indies... plant, "Central Bank of Myanmar" in Burmese Burmese language The Burmese language is the official language of Burma. Although the constitution officially recognizes it as the Myanmar language, most English speakers continue to refer to the language as Burmese. Burmese is the native language of the Bamar and related sub-ethnic groups of the Bamar, as well as... |
Value in Burmese Burmese language The Burmese language is the official language of Burma. Although the constitution officially recognizes it as the Myanmar language, most English speakers continue to refer to the language as Burmese. Burmese is the native language of the Bamar and related sub-ethnic groups of the Bamar, as well as... numerals |
1991 | ||
| 50 pyas | 24.6 mm | Brass Brass Brass is an alloy of copper and zinc; the proportions of zinc and copper can be varied to create a range of brasses with varying properties.In comparison, bronze is principally an alloy of copper and tin... |
Rice Rice Rice is the seed of the monocot plants Oryza sativa or Oryza glaberrima . As a cereal grain, it is the most important staple food for a large part of the world's human population, especially in East Asia, Southeast Asia, South Asia, the Middle East, and the West Indies... plant, "Central Bank of Myanmar" in Burmese Burmese language The Burmese language is the official language of Burma. Although the constitution officially recognizes it as the Myanmar language, most English speakers continue to refer to the language as Burmese. Burmese is the native language of the Bamar and related sub-ethnic groups of the Bamar, as well as... |
Value in Burmese Burmese language The Burmese language is the official language of Burma. Although the constitution officially recognizes it as the Myanmar language, most English speakers continue to refer to the language as Burmese. Burmese is the native language of the Bamar and related sub-ethnic groups of the Bamar, as well as... numerals |
1991 | |||
| 1999 Series | ||||||||
| http://worldcoingallery.com/countries/img2/127-60.jpg | 1 kyat | Chinthe Chinthe The Chinthe is a leogryph that is often seen at the entrances of pagodas and temples in Burma and other Southeast Asian countries. The chinthe is featured prominently on the kyat, the currency of Burma. The chinthe is almost always depicted in pairs, and serve to protect the pagoda... , "Central Bank of Myanmar" and value in Burmese Burmese language The Burmese language is the official language of Burma. Although the constitution officially recognizes it as the Myanmar language, most English speakers continue to refer to the language as Burmese. Burmese is the native language of the Bamar and related sub-ethnic groups of the Bamar, as well as... |
Bank title and value in English English language English is a West Germanic language that arose in the Anglo-Saxon kingdoms of England and spread into what was to become south-east Scotland under the influence of the Anglian medieval kingdom of Northumbria... and Arabic numerals Arabic numerals Arabic numerals or Hindu numerals or Hindu-Arabic numerals or Indo-Arabic numerals are the ten digits . They are descended from the Hindu-Arabic numeral system developed by Indian mathematicians, in which a sequence of digits such as "975" is read as a numeral... |
1999 | ||||
| http://worldcoingallery.com/countries/img2/127-61.jpg | 5 kyats | 20 mm | 2.73 g | Brass Brass Brass is an alloy of copper and zinc; the proportions of zinc and copper can be varied to create a range of brasses with varying properties.In comparison, bronze is principally an alloy of copper and tin... |
Plain | Chinthe Chinthe The Chinthe is a leogryph that is often seen at the entrances of pagodas and temples in Burma and other Southeast Asian countries. The chinthe is featured prominently on the kyat, the currency of Burma. The chinthe is almost always depicted in pairs, and serve to protect the pagoda... , "Central Bank of Myanmar" and value in Burmese Burmese language The Burmese language is the official language of Burma. Although the constitution officially recognizes it as the Myanmar language, most English speakers continue to refer to the language as Burmese. Burmese is the native language of the Bamar and related sub-ethnic groups of the Bamar, as well as... |
Bank title and value in English English language English is a West Germanic language that arose in the Anglo-Saxon kingdoms of England and spread into what was to become south-east Scotland under the influence of the Anglian medieval kingdom of Northumbria... and Arabic numerals Arabic numerals Arabic numerals or Hindu numerals or Hindu-Arabic numerals or Indo-Arabic numerals are the ten digits . They are descended from the Hindu-Arabic numeral system developed by Indian mathematicians, in which a sequence of digits such as "975" is read as a numeral... |
1999 |
| http://worldcoingallery.com/countries/img2/127-62.jpg | 10 kyats | 23.5 mm | ||||||
| http://worldcoingallery.com/countries/img2/127-63.jpg | 50 kyats | 23.85 mm | 5.06 g | Cupronickel Cupronickel Cupronickel or copper-nickel or "cupernickel" is an alloy of copper that contains nickel and strengthening elements, such as iron and manganese. Cupronickel is highly resistant to corrosion in seawater, because its electrode potential is adjusted to be neutral with regard to seawater... |
Reeded | Chinthe Chinthe The Chinthe is a leogryph that is often seen at the entrances of pagodas and temples in Burma and other Southeast Asian countries. The chinthe is featured prominently on the kyat, the currency of Burma. The chinthe is almost always depicted in pairs, and serve to protect the pagoda... , "Central Bank of Myanmar" and value in Burmese Burmese language The Burmese language is the official language of Burma. Although the constitution officially recognizes it as the Myanmar language, most English speakers continue to refer to the language as Burmese. Burmese is the native language of the Bamar and related sub-ethnic groups of the Bamar, as well as... |
Bank title and value in English English language English is a West Germanic language that arose in the Anglo-Saxon kingdoms of England and spread into what was to become south-east Scotland under the influence of the Anglian medieval kingdom of Northumbria... and Arabic numerals Arabic numerals Arabic numerals or Hindu numerals or Hindu-Arabic numerals or Indo-Arabic numerals are the ten digits . They are descended from the Hindu-Arabic numeral system developed by Indian mathematicians, in which a sequence of digits such as "975" is read as a numeral... |
1999 |
| http://worldcoingallery.com/countries/img2/127-64.jpg | 100 kyats | 26.8 mm | 7.52 g | |||||
Second kyat
The Burma State Bank issued notes for 1, 5, 10 and 100 kyat in 1944, followed by a further issue of 100 kyat notes in 1945.Third kyat
In 1953, the Union Bank of Burma introduced the first kyat notes, in denominations of 1, 5, 10 and 100 kyats. These were very similar in design to the last series of rupee notes, issued earlier the same year. In 1958, 20 and 50 kyats notes were introduced. The 50 and 100 kyat notes were demonetized on May 15, 1964. This was the first of several demonetizations, ostensibly carried out with the aim of fighting black marketeering. The Peoples Bank of Burma took over note production in 1965 with an issue of 1, 5, 10 and 20 kyat notes.In 1972, the Union of Burma Bank took over note issuance, with notes introduced between 1972 and 1979 for 1, 5, 10, 25, 50 and 100 kyats. The notes were printed by the Security Printing Works in Wazi, Upper Burma (established circa 1972) under the technical direction of the German firm Giesecke & Devrient. On November 3, 1985, the 25-, 50-, and 100-kyat notes were demonetized without warning, though the public was allowed to exchange limited amounts of the old notes for new ones. All other denominations then in circulation remained legal tender
Legal tender
Legal tender is a medium of payment allowed by law or recognized by a legal system to be valid for meeting a financial obligation. Paper currency is a common form of legal tender in many countries....
. On November 10, 1985, 75-kyat notes were introduced, the odd denomination possibly chosen because of dictator Ne Win
Ne Win
Ne Win was Burmese a politician and military commander. He was Prime Minister of Burma from 1958 to 1960 and 1962 to 1974 and also head of state from 1962 to 1981...
's predilection for numerology
Numerology
Numerology is any study of the purported mystical relationship between a count or measurement and life. It has many systems and traditions and beliefs...
; the 75-kyat note was supposedly introduced to commemorate his 75th birthday. It was followed by the introduction of 15- and 35-kyat notes on August 1, 1986.
8888 Uprising
The 8888 Nationwide Popular Pro-Democracy Protests was a series of marches, demonstrations, protests, and riots in the Socialist Republic of the Union of Burma...
) and eventually a coup d'état in 1988 by General Saw Maung
Saw Maung
Senior General Saw Maung was the founder of the State Peace and Development Council in Myanmar. He served as their Chairman from 1988 to 1992.-Early life and career:...
. On September 22, 1987, banknotes for 45 and 90 kyat were introduced, both of which incorporated Ne Win's favorite number, nine.
Following the change of the country's name to Myanmar on June 20, 1989, new notes began to be issued. This time, the old notes were not demonetized, but simply allowed to fall into disuse through inflation as well as wear and tear. On March 1, 1990, 1-kyat notes were issued, followed by 200-kyat notes on March 27, 1990. On March 27, 1994, notes for 50 pya, 20, 50, 100, and 500 kyats were issued, followed, on May 1, 1995, by new 5- and 10-kyat notes. 1,000-kyat notes were introduced in November 1998.
In 2003, rumours of another pending demonetization swept through the country, resulting in the junta issuing official denials, but this time the demonetization did not materialize. In 2004, the sizes of the 200, 500, and 1,000 kyats were reduced in size (to make all Myanma banknotes uniform in size) but larger notes remain in circulation. 50 pya, 1, and 5 kyat banknotes are now rarely seen, because of their low value.
On October 1, 2009, banknotes were released with a value of 5000 kyats and it is 15cm by 7cm. On the top is written Central Bank of Myanmar
Central Bank of Myanmar
The Central Bank of Myanmar is the central bank of Myanmar . It was established under the Central Bank of Myanmar Law in 1990. Its headquarters are in Yankin Township, Yangon, Yangon Division and is headed by a 17-member board of directors, headed by Than Nyein...
in Burmese and in the center is white elephant. On the back is a picture of the Central Bank of Myanmar with "5000 kyat" written English. This new release of notes, has a significantly higher value than the next highest value banknotes currently in circulation, being 1000 kyats. Public response has been mixed, with some welcoming a higher value bill reducing the number of banknotes which need to be carried. Other responses have suggested a widespread fear that this will simply fuel the current rate of inflation, which was supported by a jump in the blackmarket exchange rates following the public announcement of this change.
| The Current Series | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Image | Value | Dimensions | Main Color | Description | Date of issue | http://banknoteworld.com/banknotes/myanmar/MyanmarP68-50Pyas-(1994)-donatedoy_f.jpg | http://banknoteworld.com/banknotes/myanmar/MyanmarP68-50Pyas-(1994)-donatedoy_b.jpg | 50 pyas | 110 × 55 mm | Obverse: Purple and orange Reverse: Multicolor |
Saung gauk Saung The saung is an arched harp used in traditional Burmese music. The saung is regarded as a national musical instrument of Burma. The saung is unique in that it is a very ancient harp tradition and the only surviving harp in Asia today.- Description :... |
Guilloché pattern Guilloché Guilloché is a decorative engraving technique in which a very precise intricate repetitive pattern or design is mechanically engraved into an underlying material with fine detail... |
"BCM" | March 27, 1994 | ||||
| http://banknoteworld.com/banknotes/myanmar/mya069_f.JPG | http://banknoteworld.com/banknotes/myanmar/mya069_b.JPG | K1 | Blue-purple | Chinthe Chinthe The Chinthe is a leogryph that is often seen at the entrances of pagodas and temples in Burma and other Southeast Asian countries. The chinthe is featured prominently on the kyat, the currency of Burma. The chinthe is almost always depicted in pairs, and serve to protect the pagoda... |
Boat-rowing at Kandawgyi Lake, Yangon Yangon Yangon is a former capital of Burma and the capital of Yangon Region . Although the military government has officially relocated the capital to Naypyidaw since March 2006, Yangon, with a population of over four million, continues to be the country's largest city and the most important commercial... |
1996 | ||||||||||||
| http://banknoteworld.com/banknotes/myanmar/mya070_f.JPG | http://banknoteworld.com/banknotes/myanmar/mya070_b.JPG | K5 | 130 × 60 mm | Brown and blue | Chinlone Chinlone Chinlone is the traditional sport of Burma . Chinlone is a combination of sport and dance, a team sport with no opposing team. In essence chinlone is non-competitive. The focus is not on winning or losing, but how beautifully one plays the game.... cane ball game |
Chinthe Chinthe The Chinthe is a leogryph that is often seen at the entrances of pagodas and temples in Burma and other Southeast Asian countries. The chinthe is featured prominently on the kyat, the currency of Burma. The chinthe is almost always depicted in pairs, and serve to protect the pagoda... |
May 1, 1995 | |||||||||||
| Chinthe Chinthe The Chinthe is a leogryph that is often seen at the entrances of pagodas and temples in Burma and other Southeast Asian countries. The chinthe is featured prominently on the kyat, the currency of Burma. The chinthe is almost always depicted in pairs, and serve to protect the pagoda... bust over value |
1997 | |||||||||||||||||
| http://banknoteworld.com/banknotes/myanmar/mya071_f.JPG | http://banknoteworld.com/banknotes/myanmar/mya071_b.JPG | K10 | Purple | A karaweik (royal regalia boat) | Chinthe Chinthe The Chinthe is a leogryph that is often seen at the entrances of pagodas and temples in Burma and other Southeast Asian countries. The chinthe is featured prominently on the kyat, the currency of Burma. The chinthe is almost always depicted in pairs, and serve to protect the pagoda... |
May 1, 1995 | ||||||||||||
| Chinthe Chinthe The Chinthe is a leogryph that is often seen at the entrances of pagodas and temples in Burma and other Southeast Asian countries. The chinthe is featured prominently on the kyat, the currency of Burma. The chinthe is almost always depicted in pairs, and serve to protect the pagoda... bust over value |
1997 | |||||||||||||||||
| http://banknoteworld.com/banknotes/myanmar/MyanmarP72-20Kyats-(1994)-donatedoy_f.jpg | http://banknoteworld.com/banknotes/myanmar/MyanmarP72-20Kyats-(1994)-donatedoy_b.jpg | K20 | 145 × 70 mm | Green | People's Park and Elephant Fountain, Yangon Yangon Yangon is a former capital of Burma and the capital of Yangon Region . Although the military government has officially relocated the capital to Naypyidaw since March 2006, Yangon, with a population of over four million, continues to be the country's largest city and the most important commercial... |
Chinthe Chinthe The Chinthe is a leogryph that is often seen at the entrances of pagodas and temples in Burma and other Southeast Asian countries. The chinthe is featured prominently on the kyat, the currency of Burma. The chinthe is almost always depicted in pairs, and serve to protect the pagoda... bust over value |
March 27, 1994 | |||||||||||
| http://banknoteworld.com/banknotes/myanmar/MyanmarP73a-50Kyats-(1994)-donatedoy_f.jpg | http://banknoteworld.com/banknotes/myanmar/MyanmarP73a-50Kyats-(1994)-donatedoy_b.jpg | K50 | Orange-brown | Lacquerware Lacquerware Lacquerware are objects decoratively covered with lacquer. The lacquer is sometimes inlaid or carved. Lacquerware includes boxes, tableware, buttons and even coffins painted with lacquer in cultures mostly in the Eastern Hemisphere.-History:... artisan Artisan An artisan is a skilled manual worker who makes items that may be functional or strictly decorative, including furniture, clothing, jewellery, household items, and tools... |
Chinthe Chinthe The Chinthe is a leogryph that is often seen at the entrances of pagodas and temples in Burma and other Southeast Asian countries. The chinthe is featured prominently on the kyat, the currency of Burma. The chinthe is almost always depicted in pairs, and serve to protect the pagoda... |
March 27, 1994 | ||||||||||||
| Chinthe Chinthe The Chinthe is a leogryph that is often seen at the entrances of pagodas and temples in Burma and other Southeast Asian countries. The chinthe is featured prominently on the kyat, the currency of Burma. The chinthe is almost always depicted in pairs, and serve to protect the pagoda... bust over value |
1997 | |||||||||||||||||
| http://banknoteworld.com/banknotes/myanmar/MyanmarP74a-100Kyats-(1994)-donatedoy_f.jpg | http://banknoteworld.com/banknotes/myanmar/MyanmarP74a-100Kyats-(1994)-donatedoy_b.jpg | K100 | Blue, green, and pink | Temple renovation | Chinthe Chinthe The Chinthe is a leogryph that is often seen at the entrances of pagodas and temples in Burma and other Southeast Asian countries. The chinthe is featured prominently on the kyat, the currency of Burma. The chinthe is almost always depicted in pairs, and serve to protect the pagoda... |
March 27, 1994 | ||||||||||||
| Chinthe Chinthe The Chinthe is a leogryph that is often seen at the entrances of pagodas and temples in Burma and other Southeast Asian countries. The chinthe is featured prominently on the kyat, the currency of Burma. The chinthe is almost always depicted in pairs, and serve to protect the pagoda... bust over value |
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| http://banknoteworld.com/banknotes/myanmar/MyanmarP75a-200Kyats-(1991)-donatedoy_f.jpg | http://banknoteworld.com/banknotes/myanmar/MyanmarP75a-200Kyats-(1991)-donatedoy_b.jpg | K200 | 165 × 80 mm | Dark green | Elephant teak-logger | Chinthe Chinthe The Chinthe is a leogryph that is often seen at the entrances of pagodas and temples in Burma and other Southeast Asian countries. The chinthe is featured prominently on the kyat, the currency of Burma. The chinthe is almost always depicted in pairs, and serve to protect the pagoda... |
March 27, 1990; 1998 | Value below watermark | ||||||||||
| Chinthe Chinthe The Chinthe is a leogryph that is often seen at the entrances of pagodas and temples in Burma and other Southeast Asian countries. The chinthe is featured prominently on the kyat, the currency of Burma. The chinthe is almost always depicted in pairs, and serve to protect the pagoda... bust over value |
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| http://banknoteworld.com/banknotes/myanmar/MyanmarPNew-200Kyats-(2004)-donatedfvt_f.jpg | http://banknoteworld.com/banknotes/myanmar/MyanmarPNew-200Kyats-(2004)-donatedfvt_b.jpg | 150 × 70 mm | Chinthe Chinthe The Chinthe is a leogryph that is often seen at the entrances of pagodas and temples in Burma and other Southeast Asian countries. The chinthe is featured prominently on the kyat, the currency of Burma. The chinthe is almost always depicted in pairs, and serve to protect the pagoda... bust over value |
2004 | Value above watermark | |||||||||||||
| http://banknoteworld.com/banknotes/myanmar/mya076_f.JPG | http://banknoteworld.com/banknotes/myanmar/mya076_b.JPG | K500 | 165 × 80 mm | Purple and brown | A General Mahabandoola statue being painted | Chinthe Chinthe The Chinthe is a leogryph that is often seen at the entrances of pagodas and temples in Burma and other Southeast Asian countries. The chinthe is featured prominently on the kyat, the currency of Burma. The chinthe is almost always depicted in pairs, and serve to protect the pagoda... |
March 27, 1994 | Value above watermark | ||||||||||
| Chinthe Chinthe The Chinthe is a leogryph that is often seen at the entrances of pagodas and temples in Burma and other Southeast Asian countries. The chinthe is featured prominently on the kyat, the currency of Burma. The chinthe is almost always depicted in pairs, and serve to protect the pagoda... bust over value |
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| http://banknoteworld.com/banknotes/myanmar/MyanmarPNew-500Kyats-(2004)-donatedfvt_f.jpg | http://banknoteworld.com/banknotes/myanmar/MyanmarPNew-500Kyats-(2004)-donatedfvt_b.jpg | 150 × 70 mm | Chinthe Chinthe The Chinthe is a leogryph that is often seen at the entrances of pagodas and temples in Burma and other Southeast Asian countries. The chinthe is featured prominently on the kyat, the currency of Burma. The chinthe is almost always depicted in pairs, and serve to protect the pagoda... bust over value |
2004 | Value below watermark | |||||||||||||
| http://banknoteworld.com/banknotes/myanmar/MyanmarP77b-1000Kyats-(1998)-donatedth_f.jpg | http://banknoteworld.com/banknotes/myanmar/MyanmarP77b-1000Kyats-(1998)-donatedth_b.jpg | K1000 | 165 × 80 mm | Green and purple | Ministry of Finance and Revenue | Chinthe Chinthe The Chinthe is a leogryph that is often seen at the entrances of pagodas and temples in Burma and other Southeast Asian countries. The chinthe is featured prominently on the kyat, the currency of Burma. The chinthe is almost always depicted in pairs, and serve to protect the pagoda... |
November 1998 | Value above watermark | ||||||||||
| Chinthe Chinthe The Chinthe is a leogryph that is often seen at the entrances of pagodas and temples in Burma and other Southeast Asian countries. The chinthe is featured prominently on the kyat, the currency of Burma. The chinthe is almost always depicted in pairs, and serve to protect the pagoda... bust over value |
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| http://banknoteworld.com/banknotes/myanmar/MyanmarPNew-1000Kyats-(2004)-donatedfvt_f.jpg | http://banknoteworld.com/banknotes/myanmar/MyanmarPNew-1000Kyats-(2004)-donatedfvt_b.jpg | 150 × 70 mm | Chinthe Chinthe The Chinthe is a leogryph that is often seen at the entrances of pagodas and temples in Burma and other Southeast Asian countries. The chinthe is featured prominently on the kyat, the currency of Burma. The chinthe is almost always depicted in pairs, and serve to protect the pagoda... bust over value |
2004 | Value below watermark | |||||||||||||
| K5000 | Orange/pink | Elephant | Elephant profile over value | October 2009 | Value below watermark | |||||||||||||
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Current MMK exchange rates
Since 2001, the official exchange rate has varied between 5.75 and 6.70 kyats per US dollar (8.20 to 7.00 kyats per euro). However, the street rate (black market rate), which more accurately takes into account the standing of the national economy, has varied from 750 kyats to 1335 kyats per USD (985 to 1475 kyats per EUR). Black market exchange rates (USD to MMK) decrease during the peak of the tourist season in Burma (December to January).The following exchange rates are official and are primarily stagnant, since the kyat is officially pegged to the SDR
Special Drawing Rights
Special Drawing Rights are supplementary foreign exchange reserve assets defined and maintained by the International Monetary Fund . Not a currency, SDRs instead represent a claim to currency held by IMF member countries for which they may be exchanged...
. They do not indicate the true exchange rates paid.
- 1 USDUnited States dollarThe United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
= K 6.51 - 1 EUREuroThe euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...
= K 9.3723 - 1 GBP = K 10.5613
- 1 JPYJapanese yenThe is the official currency of Japan. It is the third most traded currency in the foreign exchange market after the United States dollar and the euro. It is also widely used as a reserve currency after the U.S. dollar, the euro and the pound sterling...
= K 0.0702 - 1 CNYChinese yuanThe yuan is the base unit of a number of modern Chinese currencies. The yuan is the primary unit of account of the Renminbi.A yuán is also known colloquially as a kuài . One yuán is divided into 10 jiǎo or colloquially máo...
= K 0.9541
Rates are as of 4 January 2010.
According to The Irrawaddy
The Irrawaddy
This article is about a newsmagazine. For other uses of the term, please see Irrawaddy.For the Second World War battle honour, see Battle of Pokoku and Irrawaddy River operations...
, which provides accurate estimates of the black market (street rate, and hence unofficial), are as follows:
- 1 USDUnited States dollarThe United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
= K 1280 Rates are as of 15 February 2007 - 1 USDUnited States dollarThe United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
= K 1350 Rates are as of 21 September 2007 - 1 USDUnited States dollarThe United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
= K 1325 Rates are as of 15 October 2007 - 1 USDUnited States dollarThe United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
= K 1100 Rates are as of 14 March 2008 - 1 USDUnited States dollarThe United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
= K 1240 Rates are as of 21 October 2008 - 1 USDUnited States dollarThe United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
= K 1130 Rates are as of 1 August 2009 - 1 USDUnited States dollarThe United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
= K 960 Rates are as of 20 November 2009 - 1 USDUnited States dollarThe United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
= K 1040 Rates are as of 21 January 2010 - 1 USDUnited States dollarThe United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
= K 890 Rates are as of 22 October 2010 - 1 USDUnited States dollarThe United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
= K 830 Rates are as of 12 January 2011 - 1 USDUnited States dollarThe United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
= K 823 Rates are as of 11 May 2011 - 1 USDUnited States dollarThe United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
= K 752 Rates are as of 10 August 2011
According to Shwe Rooms, a Burmese website which updates exchange rates daily, the exchange rates are as follows
- 1 USDUnited States dollarThe United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
= K 870 Rates are as of 21 January 2011 - 1 USDUnited States dollarThe United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
= K 895 Rates are as of 20 February 2011 - 1 USDUnited States dollarThe United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
= K 754 Rates are as of 12 August 2011 - 1 SGDSingapore dollarThe Singapore dollar or Dollar is the official currency of Singapore. It is normally abbreviated with the dollar sign $, or alternatively S$ to distinguish it from other dollar-denominated currencies...
= K 690 Rates are as of 20 February 2011 - 1 SGDSingapore dollarThe Singapore dollar or Dollar is the official currency of Singapore. It is normally abbreviated with the dollar sign $, or alternatively S$ to distinguish it from other dollar-denominated currencies...
= K 613 Rates are as of 12 August 2011