The denominations of kyat banknotes are 50 cents and 1, 5, 10, 20, 50, 100, 200,500,1000,5000 and 10000 kyat. (Among them, 5000 kyats banknotes were issued on June 65438+ 10/day, 2009. Although it is the largest banknote issued in the history of Myanmar banks, its actual value is still less than $5. )
In 20 12, Myanmar newly issued 10000 kyats, and the actual value was lower than 10 USD. The denominations of coins are 5, 10, 20, 50 cents and 1 kyat. 1 kyat = 100 integral.
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There are five state-owned banks in Myanmar, namely: Myanmar Central Bank, Myanmar Agricultural Bank, Myanmar Economic Bank, Myanmar Foreign Trade Bank (established in 1967) and Myanmar Investment Commercial Bank (established in 1989). Private banks have been allowed to set up since 1992, and foreign banks have been allowed to set up representative offices in Myanmar in recent years. Since 1993, foreign exchange certificates have been circulated in Myanmar, and the exchange rate between Myanmar currency and foreign exchange certificates is basically the same as that between Myanmar currency and US dollar. As of 20 12, 12 and 3 1, the value of foreign exchange certificates issued and circulated in Myanmar is 30.92 million US dollars. 20 13 On March 20th, the Parliament of the Union of Myanmar passed a bill to cancel foreign exchange certificates.
Baidu Encyclopedia-Myanmar Dollar
Baidu Encyclopedia-Myanmar