The denominations of Myanmar banknotes are 50 cents and 1, 5, 10, 20, 50, 100, 200, 500, 1000, 5000 and 10000 kyats.
(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 $5.
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As of May 38, 1965 +09:
1 kyat =0.005 1 RMB 1 RMB = 197.4789 kyat.
1 kyat =0.0008 USD 1 USD = 1294 kyat.
The official exchange rate of kyat has been maintained at 6.3 12 kyat for a long time, but the private black market exchange rate is low, which was about 1 kyat in 2000.
When Myanmar's floating exchange rate mechanism started in 20 12, 1 USD was about 8 18 kyats.
Extended data:
Currency and trade in Myanmar;
There are five state-owned banks in Myanmar, namely: Central Bank of Myanmar (established in 1948, formerly known as Union Bank of Myanmar, renamed as Central Bank in 1990), Agricultural Bank of Myanmar (established in 1953), Economic Bank of Myanmar (established in 1967) and
Private banks have been allowed to set up since 1992, and foreign banks have been allowed to set up representative offices in Myanmar in recent years.
Major private banks 19: Miaowadi Bank, Gamboza Bank, Cooperative Bank, Irrawaddy Bank, Asian Green Development Bank, Bank of Ma You, Global Bank and Oriental Bank.
At present, more than 20 foreign banks, including China Industrial and Commercial Bank and Vietnam Investment and Development Bank, have set up representative offices in Myanmar.
Since 1993, foreign exchange certificates have been circulated in Myanmar, and the exchange rate between Myanmar currency and foreign exchange certificates is basically the same as that between Myanmar currency and US dollar. As of 20 12, 12 and 3 1, the value of foreign exchange certificates issued and circulated in Myanmar is 30.92 million US dollars.
20 13 On March 20th, the Parliament of the Union of Myanmar passed a bill to cancel foreign exchange certificates.
In the fiscal year of 20 17/20 18, Myanmar's foreign trade volume was US$ 33.53 billion, including US$ 485 million in exports and US$ 868 million in imports.
Myanmar's main export products are natural gas, jade and rice. Its main imported products are petroleum and gasoline, commercial machinery, auto parts and so on.