You will only receive emails that you permitted upon submission and your email address will never be shared with any third parties without your express permission. There are no international banks in Myanmar at the moment, and local banks are in the process of becoming part of the international banking system. That is why we are driven by our three values – Metta, Thet Ti, Virya – loving kindness, perseverance and courage. No. Currently only Visa, Mastercard (Maestro/Cirrus), China’s Union Pay and Japan’s JCB can be used; the biggest providers of compatible ATMs are CB (Co-operative) Bank and KBZ (Kanbawza) Bank. That is why we are driven by our three values – Metta, Thet Ti, Virya – … Export to Excel Export this data to a CSV file which can be imported by Microsoft Excel. Discover our personal, corporate, mobile and e-banking services. The bank has grown rapidly over the past seven years to become the second largest in the country, with [234] branches, [1.4m customer], Kyat [4.7] trillion customer deposits and [150 billion] Shareholders’ Equity as at the … Like other markets, currency exchange rate in Myanmar is also influenced by many factors. The parent company is one of the well-known companies that operate the largest private bank in Myanmar. AYA Bank was licensed by the Central Bank of Myanmar on 2 July 2010 and relicensed under the Financial Institutions Law 2016 as a full service universal bank. Foreign Exchange Rate. Also it is the highest rate for this term period 8.00 Updated Aug, 2019. on KBZ Bank's secure website. As local currency is readily available at ATMs, how many USD you choose to take with you will depend on the type of trip you are planning and what your own USD reserves are – typically, it is not necessary to take more than a few hundred dollars as back up. Simple Myanmar Exchange Rate Application - KBZ Bank, Aya Bank, CB Bank, Central Bank of Myanmar - Myanmar Kyat - Australian Dollar - Bangladesh Taka - Brunei Dollar - Brazilian Real - Canadian Dollar - Swiss Franc - Chinese Yuan - Czech Koruna - Danish Krone - Egyptian Pound - Euro - Pound Sterling - Hong Kong Dollar - Indonesian Rupiah - Israeli Shekel - … In Yangon, you can also head to the popular and central Bogyoke Aung San Market (Scott Market) if you want to change money at the weekend – here you can find numerous money-changing shops (these tend to shut around 3.30 to 4pm). Directory of best currency transfer providers, compare to exchange rates when sending money from Burma (Myanmar) Smaller purchases, such as taxi rides, buses and cheaper to mid-range meals are quoted and are almost always paid for in kyat. Country Currency Value Rate; United State Dollar: USD: 1/-=K: 1,334.6 : Euro: EUR: 1/-=K : 1,625.7 : Singapore Dollar 8%. Others include AGD Bank, AYA Bank and United Amara Bank. K500). Kyat come in notes (no coins) of value K50, K100, K200, K500, K1000, K5000 and K10,000.The US dollar, however, is used as an alternative currency, particularly for larger purchases: foreigners are sometimes expected to pay in dollars for hotels, high-end restaurants and flights (international credit cards can also be use… It lists the mutual conversions between the Australian dollar and other top currencies, and also lists the exchange rates … Track Kyat forex rate changes, track Kyat historical changes. YOMA Bank 5. KBZ Bank Overview. Powered by Myanmar Soft-Gate Technology Co., Ltd Among the domestic flights halted because of the pandemic, the AIR KBZ will resume its flights three days a week to Kyaukpyu Township in Rakhine State, according to the AIR KBZ airline in Kyaukpyu Township. Exchange Rate : 21.1.2021 911 were here. Since the Central Bank of Myanmar (CBM) approved selected private banks to conduct foreign exchange operations starting from October 2011, Kanbawza (KBZ) Bank have operated the following foreign currencies in order to provide the more efficient flows of foreign trade and investments for the local and international customer alike. average: K … Kyat come in notes (no coins) of value K50, K100, K200, K500, K1000, K5000 and K10,000. A Bank 9. The bank has grown rapidly over the … Cardholders can also withdraw local currency from ATMs and use their cards at a growing number of major outlets such as hotels, restaurants, and retailers. K500). MMK. The parent company is one of the well-known companies that operate the largest private bank in Myanmar. AYA Bank 4. 82 were here. Myanmar Exchange Rates and Currency Converter uses Central Bank of Myanmar and other banks data (KBZ, AYA, etc) to show a list of latest currency rates with a converter function. Download. The rate of 8% is 0% higher than the average 8%. © Copyright 2021 Flyma PTE. AYA Bank was licensed by the Central Bank of Myanmar on 2 July 2010 and relicensed under the Financial Institutions Law 2016 as a full service universal bank. UAB Bank 8. Exchange rates of Myanmar Banks 1. It also shows the history chart of this currency pairs, by choosing the time period you can get more detailed information. If payment is made in kyat for these transactions, it may sometimes be at a worse rate; when paying in dollars, change will often be given in kyat. Traveller’s cheques are not generally accepted in Myanmar. MOB Bank 6. Free online currency conversion based on exchange rates. For ATM cash withdrawals, there is typically a K5000 transaction fee, and a withdrawal limit of K300,000 per transaction. KBZ Bank Interest RatesKanbawza Bank or KBZ Bank is a major bank in Myanmar/ Burma. MOB Bank 6. Reference Exchange rate (WA market rate) 1,334.8: Interbank Market WA rate: 1,334.9: Bank-customer Market WA rate: 1,334.6 It was founded by the KBZ Group in 2010. Myawaddy Bank 11. Blemishes of any kind – creases, marks, folds and so on – may result in getting a far worse rate of exchange or the money may not be accepted at all. The bank has grown rapidly over the past seven years to become the second largest in the country, with [234] branches, [1.4m customer], Kyat [4.7] trillion customer deposits and [150 billion] Shareholders’ Equity as at the … Our currency rankings show that the most popular Myanmar (Burma) Kyat exchange rate is the USD to MMK rate.The currency code for Kyats is MMK, and the currency symbol is K. Below, you'll find Burmese Kyat rates and a currency converter. Among the domestic flights halted because of the pandemic, the AIR KBZ will resume its flights three days a week to Kyaukpyu Township in Rakhine State, according to the AIR KBZ airline in … Myanmar Oriental Bank Limited was incorporated as a private limited bank under the Financial Institutions of Myanmar Law and started its operations in 1993. Myawaddy Bank 11. It is therefore advisable to carry US dollars in a safe, flat folder – not in a wallet. Rate. MMK. Visit our partner area here. Central Bank 2. Media … Track Kyat forex rate changes, track Kyat historical changes. The … Free online currency conversion based on exchange rates. Copyright © 2015 Central Bank of Myanmar. Myanmar Oriental Bank Limited was incorporated as a private limited bank under the Financial Institutions of Myanmar Law and started its operations in 1993. Sign up to our newsletter - covering the latest Myanmar travel news, insights and Go-Myanmar.com developments, exchange enough money beforehand or make the necessary ATM withdrawal, thousands of ATMS that accept international bank and credit cards, Mount Victoria and Nat Ma Taung National Park, Cultural differences & adapting to Myanmar. ll 【$1 = Ks1330.4951】 US dollar to Myanmar kyat rate today. If you are spending more than a few days outside of Yangon, Mandalay or Nay Pyi Taw, make sure to exchange enough money beforehand or make the necessary ATM withdrawal; it can be difficult to change money outside the main cities, and you will probably get a worse rate. The round trip Kyaukpyu-Yangon direct flights were started on 23 December 2020. AYA Bank was licensed by the Central Bank of Myanmar on 2 July 2010 and relicensed under the Financial Institutions Law 2016 as a full service universal bank. contact@cbbank.com.mm (95-1) 231 7770. Foreign Exchange. YOMA Bank 5. Welcome to the page of Myanmar Kyat (MMK) Exchange Rate (Myanmar Kyat Currency Conversion). MYANMA APEX BANK OPENS 102TH BANK BRANCH; MYANMA APEX BANK OPENS 101TH BANK BRANCH; MYANMA APEX BANK OPENS 100TH BANK BRANCH; MYANMA APEX BANK OPENS 99TH BANK BRANCH AT MANDALAY “MAB Color Run” festival – Joyously held in Mandalay Region on 16th February; Foreign Exchange… Exchange Rates When converting amounts, we have used an exchange rate of $1 = Ks1,350, which was the approximate average rate during Q1 2018. AGD Bank makes banking in Myanmar secure and easy. The latest on connectivity in this fast-changing country. The Burmese Kyat is the currency of Myanmar (Burma). MAB Bank 7. Foreign Exchange Rate. ... Daily Exchange Rates . A Bank 9. Also, … Check the KBZBMMMYXXX SWIFT / BIC code details … The kyat (pronounced ‘chat’) is the official currency of Myanmar, abbreviated as ‘K‘ or 'MMK' and usually placed before the numerical value (i.e. This is the page of Singapore Dollar (SGD) to Myanmar Kyat (MMK) conversion, below you can find the latest exchange rate between them and is updated every 1 minutes. It was founded by the KBZ Group in 2010. Central Bank 2. Convert To Result Explain 1 USD: MMK: 1,334.54 MMK: 1 US Dollar = 1,334.54 Myanmar Kyats as of 1/18/2021 The use of international bank and credit cards to pay for goods and services at outlets in Myanmar is currently limited but, as with so much in the country, the situation is changing fast; in Yangon and some of the more popular spots around the country, cards can be used at point of sale – although a significant transaction charge may be incurred. This is no longer the case; you can now get a good exchange rate at banks and official money exchanges. Simple Myanmar Exchange Rate Application - KBZ Bank, Aya Bank, CB Bank, Central Bank of Myanmar - Myanmar Kyat - Australian Dollar - Bangladesh Taka - Brunei Dollar - Brazilian Real - … Also, pre-2006 dollar bills or ones with the letters AB and CB at the start of the serial number (at the top left corner of note) may not be accepted. AYA Bank 4. However, due to restrictions and limitations on money transfer, currency exchange, trade restrictions and import/export restrictions as well as non-transparency in government policies, fluctuations in the Myanmar currency exchange rate is common and unpredictable, with many … Click here to get in touch with our experienced team. KBZ Bank 1 Month Fixed Deposit - Deposits Q: Can foreigner open saving and fixed deposit account at KBZ bank? Dollar bills should be brought to Myanmar in differing denominations: take plenty of $10, $5 and $1 bills to pay for hotels, flights and historical sites, and take $100 or $50 bills for exchanging to kyat (larger denominations usually get a better rate). 21st October 2013, 11:30 AM. 8%. Recent Activities. KBZ has filed suits against businessman U Ko Ko Htoo and Myanmar Annawa Swan A Shin Company Limited at the Yangon Region High Court, alleging he and the company had failed to repay loans and had accumulated a total debt including interest of around K326 billion (US$221.4 million at current exchange rates). The code for the Myanmar Kyat is MMK; The symbol for the Myanmar Kyat is K; The Dollar is divided into 100 cents; The Kyat is divided into 100 pyas; For 2021, one American Dollar has equalled. All rights reserved. Yangon locations include Yangon airport, all major shopping centres and markets, as well as many smaller branches dotted around town. The rate of 8% is 0% higher than the average 8%. AGD Bank - the bank that grows with you. MYANMA APEX BANK OPENS 102TH BANK BRANCH. KBZ Bank and Shwe Than Lwin Skynet have announced recently that they have jointly contributed fund for turning the Yangon Convention Centre-YCC to Inya Lake COVID Centre which will receive and give treatment to patients. Currency converter The converter shows the conversion of 1 US dollar to Myanmar … Currency. Like other markets, currency exchange rate in Myanmar is also influenced by many factors. Currency Exchange. 21st October 2013, 11:30 AM. Currencies are represented by their international 3-letter codes.The exchange rates are updated daily and stored in JSON format, for maximum portability, usability and fun: Official money exchanges services, compare to exchange Counter rate ( Myanmar ) 911 were.... 2019. on KBZ Bank the parent company is one of the well-known companies that the... 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