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Kyat
(redirected from Burmese Kyat)

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Kyat
The currency of Burma (or Myanmar). It was introduced in 1953, replacing the Burmese rupee. The Burmese government has been known to follow unusual policies with regard to printing money. For example, it introduced 45 and 90 kyat banknotes in 1987 because they both incorporated a leading general's favorite number (nine). Also in 1987, the government demonetized the 25, 35 and 75 kyat banknotes without warning. This led to a general uprising because those notes composed three-fourths of the currency in circulation.


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Even then, I had no trouble flagging a cabbie on the street, who charged me 1,500 Burmese kyat ($1.
This would be a very important boon to the regime, since no trading partner wants the Burmese kyat, and the U.
 
 
 
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