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How to pronounce kyat?

kyat

noun

How to pronounce kyat?

The word kyat sounds like ky-at
/kjɑt/

What is the definition of kyat?

nounthe basic unit of money in Myanmar

What is the meaning of kyat?

  • Kyat is the official currency of Myanmar, also known as the Burmese kyat.

What is the symbol for kyat?

  • The symbol for kyat is K.

What is the ISO code for kyat?

  • The ISO code for kyat is MMK.

Who issues the kyat currency?

  • The Central Bank of Myanmar is responsible for issuing the kyat currency.

What are the denominations of kyat notes?

  • Kyat notes are available in denominations of 1, 5, 10, 20, 50, 100, 200, 500, 1000, 5000, and 10,000.

Is kyat a stable currency?

  • The value of the kyat has experienced fluctuations over the years, and it is considered a relatively volatile currency.

Can kyat be used outside of Myanmar?

  • Kyat is not widely accepted outside of Myanmar, and most businesses and establishments prefer payment in foreign currencies.

Are there any restrictions on the import or export of kyat?

  • There are restrictions on the import and export of kyat, and it is advised to exchange any remaining kyat before leaving Myanmar.

What are the common coins used in Myanmar?

  • Myanmar does not have widely used coins, and most transactions are conducted using the kyat notes.

Is kyat the only currency used in Myanmar?

  • In addition to the kyat, US dollars are widely accepted and used for larger transactions, especially in tourist areas.