USD to MMK exchange rate today
Convert US Dollar to Myanmar Kyat to send a cheap international money transfer
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What is the USD to MMK exchange rate today?
The USD to MMK exchange rate today is 2,103. This is the mid-market exchange rate, which isn’t always the same as the rate a bank or an international money transfer service will give you. We’ll look at that more in just a moment.
Exchange rates change very frequently based on fluctuations in the global currency market. That means you’ll need to keep an eye on the live USD to MMK exchange rate before you convert or send a payment to Myanmar from the United States, so you’ll know how far your money will go in MMK.
How does the currency exchange rate work?
The USD to MMK exchange rate describes the amount you’ll get in Myanmar Kyat when you exchange a single US Dollar. This can help you work out how much you’ll get in the end in MMK when you convert money for a trip, or send a payment to someone.
Currency exchange rates vary a lot depending on a very broad range of factors, including global currency market movements, economic and political stability and more. Usually when you search for an exchange rate online you’ll see the mid-market exchange rate. This is the rate used when banks and large institutions trade currencies on a wholesale level, but it’s not necessarily the rate you’ll get when you convert as a retail customer.
To see the rate your bank or preferred international money transfer service offers, you’ll need to visit their website - or use our handy currency converter tools to see which provider might offer the best deal for your specific needs.
USD to MMK currency graphic
See the price of the USD - MMK in real time and check the historical values of the currency compared to the real.
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USD to MMK stats
USD to MMK currency performance and volatility
| Stats | Last 7 Days | Last 30 Days | Last 90 Days | Last Year |
|---|---|---|---|---|
| High | 2,103.00 | 2,103.00 | 2,103.00 | 2,103.00 |
| Low | 2,103.00 | 2,101.04 | 2,101.04 | 2,100.10 |
| Average | 2,103.00 | 2,102.57367 | 2,102.114 | 2,101.67055 |
| Volatility | 0% | 0.09% | 0.09% | 0.14% |
About MMK
Myanmar Kyat is the official currency of Myanmar. Here is some information about it:
- Currency name: Myanmar Kyat
- ISO code: MMK
- Symbol: K
- Subunit: 1/100 = Pya
Best time to buy MMK?
There’s not really a best time to buy MMK, as the exchange rate you get will change frequently depending on factors outside of your own control.
It’s worth keeping an eye on the live US Dollar to Myanmar Kyat rate, and looking at historical exchange rate data to see what trends emerge. This can help you spot a good rate when one is available, and will help you prepare to convert money or send your overseas payment.
How about USD?
If you need to switch MMK - or any other foreign currency - back to USD, again, you’ll need to watch exchange rates to get a feel for the trends and the best time to exchange. You may also want to shop around a bit to see which providers can offer the best deal based on your specific needs, to make sure you get the most USD back in the end.
Where to buy MMK today?
You may be able to buy MMK from a bank, a physical currency exchange store, or online. Which option suits you will depend a lot on what you need the money for, and how urgently.
Not all banks offer travel cash, and where this is available you may need to order in advance. Physical currency exchange offices can be quicker if they hold the currency you need in stock. Or, as an alternative you might want to look at digital currency exchange services, like Wise or Revolut, which allow you to open an account with your phone, to add USD from your bank or with a card, and convert digitally to MMK. You can then use your MMK balance to send to someone else, or in some cases, you can spend with a linked digital or physical card.
Wise
The Wise multi-currency account allows you to buy, hold, and spend Myanmar Kyat and over 40 other currencies at the mid-market exchange rate with no markup. In addition to saving on currency exchange, the service offers a multi-currency card linked to the account and 2 free withdrawals per month of up to 100 USD and provides account details for receiving payments in 20+ currencies.
Revolut
Revolut is yet another free multi-currency account that allows you to hold a balance in dollars. Supporting over 30 currencies and 150 countries, it simplifies top-ups in foreign currencies that use the commercial exchange rate. In addition to international transfers, payments, and withdrawals, the platform offers integrated banking services such as savings and investments.
How to get the best exchange rate when buying MMK today?
The only way to know you’re getting the best available MMK exchange rate is to do some research. The best rate may depend on whether you need cash or want to send a payment, and which providers are convenient for you based on your location. Many services list their live exchange rates online which makes them easier to check and compare, which offers some reassurance you’ll get a good deal in the end.
How to order foreign currency online
Depending on your needs, you may find you can order MMK online for collection or delivery in cash - or you could choose a multi-currency account like Wise from a specialist provider which lets you add funds in your preferred currency and switch over to MMK instantly.
Cash services might suit you if you want travel money ready for a trip, but a digital account could also work if you pick a provider which offers a debit card. You can simply use this to make withdrawals on arrival from an ATM, so you’ll be able to pay with card or cash, depending on what’s best for your particular transaction.
How to open a MMK account in the United States
If you need to send or receive overseas payments in MMK you might be wondering how to open a MMK account in the United States.
You may find you can open a MMK account in the United States through your bank - or you might prefer to look at a non-bank alternative provider which offers multi-currency accounts instead. Bank services can vary widely and may come with some quite high minimum balance requirements and costs. Often specialist providers can offer more flexible account services, including holding USD and MMK, with low fees and easy ways to send and receive payments, or spend with a card when you’re travelling.
How to send money to Myanmar?
You can send money to Myanmar through your bank or a specialist international money transfer service.
Most banks offer international payments all over the world. However, the fees can be pretty high and you’ll normally also pay a charge which is rolled into the exchange rate that is used to convert USD to MMK for deposit to your recipient’s account. Before you send your payment with your bank it’s worth also comparing a few specialist services.
Specialist money transfer services still allow you to fund your transfer to Myanmar through your bank’s online banking system, or you can pay with your debit or credit card in many cases, too. Your money is then converted and deposited in your recipient’s account - or you might be able to select options to send money to a mobile wallet account or for cash collection instead.
It’s easy to compare different solutions to send money to Myanmar using our currency conversion and payment calculator tools. Just enter the details of the transfer you need to make, to see the available fees and exchange rates for many popular providers.
Popular USD exchange rates today
Frequently asked questions when converting USD to MMK
How much is the USD to MMK exchange rate?
The USD to MMK exchange rate today is 2,103. That’s the amount you’ll get in MMK when you exchange a single US Dollar.
How much is 1,000 USD to MMK?
To calculate how much you’ll get in MMK if you exchange 1,000 USD you’ll need to multiply the live USD to MMK exchange rate by 1,000. If you want to make it easier you can also use our currency conversion and comparison tools which show you exactly what you’d get for 1,000 USD from different services.
How to exchange USD to MMK?
You may be able to buy MMK from a bank, a physical currency exchange store, or online. Which option suits you will depend a lot on what you need the money for, and how urgently.
How to send money to Myanmar?
You can send money to Myanmar through your bank or a specialist international money transfer service. It’s easy to compare different solutions to send money to Myanmar using our currency conversion and payment calculator tools. Just enter the details of the transfer you need to make, to see the available fees and exchange rates for many popular providers.
What is the mid-market rate?
The mid-market exchange rate is the rate used when banks and large institutions trade currencies on a wholesale level, but it’s not necessarily the rate you’ll get when you convert as a retail customer. Instead, providers will often add a fee, known as a markup, on the rate they use to convert foreign currencies for cash, or to send a payment abroad. Compare a few different services using our helpful tools, to see which offers the best rate for your specific needs.