Currency Converter for Myanmar
Convert MMK (Myanmar currency) to and from 174 world currencies. Our converter provides real-time exchange rates for MMK updated hourly from global financial markets.
Whether you're traveling to Myanmar, sending money internationally, or tracking forex markets, this MMK converter gives you accurate mid-market rates without hidden fees or markups.
Popular MMK Conversions
The most searched currency conversions involving MMK include major global currencies like USD, EUR, GBP, and regional currencies relevant to Myanmar. Use the popular pairs section above for quick access to these conversions.
Frequently Asked Questions
What currency is used in Myanmar?
Myanmar uses MMK as its official currency.
How do I convert MMK to other currencies?
Use the currency converter above to convert MMK to any of 174 world currencies. Simply enter the amount, select your target currency, and click Convert to see the real-time exchange rate.
Where can I exchange money in Myanmar?
You can exchange money at banks, official currency exchange bureaus, airports, and some hotels in Myanmar. For better rates, consider using ATMs or online money transfer services before your trip.
Is it better to exchange money before traveling to Myanmar?
It's generally better to exchange a small amount before traveling for immediate expenses, then use ATMs in Myanmar for better exchange rates. Avoid airport exchanges which often have 5-10% worse rates than banks.
What is the best way to send money to Myanmar?
The best ways to send money to Myanmar include online money transfer services like Wise, Western Union, or Remitly which offer competitive rates (0.5-2% fees vs 3-5% at banks). Bank wire transfers are secure but expensive. Always compare the total cost including fees and exchange rate markup.
How often do MMK exchange rates change?
MMK exchange rates change continuously during forex trading hours (24/5, Monday-Friday). Rates on MarketsHost update every hour at the top of the hour to reflect current mid-market rates from global financial markets.
Are currency converter rates the same as bank rates in Myanmar?
No. The mid-market rates shown here are typically 2-4% better than bank rates. Banks add a markup as their profit margin. For example, if the mid-market rate is 1 USD = 88 MMK, a bank might offer 1 USD = 85 MMK (3.4% worse).
Can I use this converter for business transactions involving MMK?
Yes, this converter is ideal for reference in business transactions involving MMK. However, always confirm the final rate with your payment provider as businesses may face different rates, additional fees, or special corporate rates depending on transaction volume.
What factors affect MMK exchange rates?
MMK exchange rates are influenced by economic indicators (GDP growth, inflation, employment), central bank monetary policy and interest rates, political stability, trade balance, foreign investment flows, and global market sentiment. Major economic announcements can cause rapid rate fluctuations.
How much MMK can I carry when traveling?
Currency carrying limits vary by country and travel direction. When traveling to Myanmar, check customs regulations for declaration requirements (often around $10,000 USD equivalent). When leaving, check both Myanmar's export limits and your destination country's import limits. Always declare amounts exceeding the threshold to avoid penalties.