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USD to MMK - Compare Exchange Rates

United States Dollar to Myanma Kyat - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

USD to MMK interbank exchange rate = 1519.8597

Right now the USD/MMK interbank exchange rate is 1519.8597. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Myanma Kyat to United States Dollar.

This USD/MMK Converter calculates equivalent United States Dollar to Myanma Kyat amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

USD / MMK converter & margin calculator


$USD
KMMK
Mid-rates:
 

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Sending USD->MMK we recommend:

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1 Week USD to MMK
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United States Dollar

Myanma Kyat

1 USD 1,519.86 MMK
5 USD 7,599.30 MMK
10 USD 15,198.60 MMK
20 USD 30,397.19 MMK
50 USD 75,992.99 MMK
100 USD 151,985.97 MMK
250 USD 379,964.93 MMK
500 USD 759,929.85 MMK
1,000 USD 1,519,859.70 MMK
2,000 USD 3,039,719.40 MMK
5,000 USD 7,599,298.50 MMK
10,000 USD 15,198,597.00 MMK
50,000 USD 75,992,985.00 MMK
100,000 USD 151,985,970.00 MMK
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United States Dollar

Myanma Kyat

0.0007 USD 1 MMK
0.0033 USD 5 MMK
0.0066 USD 10 MMK
0.0132 USD 20 MMK
0.0329 USD 50 MMK
0.0658 USD 100 MMK
0.1645 USD 250 MMK
0.3290 USD 500 MMK
0.6580 USD 1,000 MMK
1.3160 USD 2,000 MMK
3.2900 USD 5,000 MMK
6.5800 USD 10,000 MMK
32.90 USD 50,000 MMK
65.80 USD 100,000 MMK
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United States Dollar to Myanma Kyat (USD-MMK) - 10 Year History

The below table shows the historic variation in the USD/MMK exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of USD versus other currencies : USD historical charts.

DateExchange RatePeriodChange
22 Apr 20191521.8426Latest
15 Apr 20191516.86661 Week+0.33%
23 Mar 20191533.53311 Month-0.76%
24 Oct 20181585.41766 Months-4.01%
22 Apr 20181332.26021 Year+14.23%
22 Apr 20171350.35002 Years+12.7%
23 Apr 2014962.52735 Years+58.11%
24 Apr 20096.510010 Years+23277%

Why can't I just get the USD/MMK market rate I see on Google or in the Media?

The USD/MMK mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the USD / MMK was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market USD/MMK midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good USD to MMK exchange rate

  1. Know the latest USD/MMK market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for United States Dollar and Myanma Kyat

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the USD vs MMK, you should pay attention to both United States Dollar and Myanma Kyat news and forecasts.

United States Dollar (USD) - Market news and forecasts

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.

Myanma Kyat (MMK) - Market news and forecasts

No recent Myanma Kyat market updates.