Kyat facts for kids
Quick facts for kids Kyat |
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| ISO 4217 Code | MMK | ||||
| User(s) |  Myanmar |
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| Inflation | 7% | ||||
| Subunit | |||||
| 1⁄100 | pya | ||||
| Symbol | K | ||||
The kyat is the currency of Myanmar (Burma). It is often abbreviated as "K" (singular or plural) or "Ks" (plural), which is placed before or after the numerical value, depending on author preference.
The term kyat derives from the ancient Burmese unit kyattha, equal to 16.3 grams of silver. The kyat was a denomination of both silver and gold coinages in Burma until 1889.
When the Japanese occupied Burma in 1942, they introduced a currency based on the rupee. The currency became worthless at the end of the war when the Burmese rupee was reintroduced in 1945.
The present kyat was introduced on 1 July 1952. It replaced the rupee.
Images for kids
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A 5 kyat denomination note featuring Aung San
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2020 redesign of the Myanmar Ks.1000/- note
See also
In Spanish: Kyat birmano para niños
