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.
References in periodicals archive ?
The young Thilashin noticed that I was followng them taking photos, so she came to me with her empty cup, I gave her 1000 kyats, I did not have any smaller notes on me at the time.
"A page from a computer would cost 100 kyats," he says.
dollar) or kyat (pronounced chat), the local currency.
You must know that there are restaurants and hotels in which people throw away tens of thousands of kyats a night.
Myanmar has exposed illegal import worth of 12.99 billion kyats (8.65 million U.S.
The 15-foot-tall bronze equestrian statue was commissioned at an expected cost of 60 million kyats ($43,000).
The NYDC was established with capital of 10 billion kyats (US$7.5 million) from the development funds allotted by the Union government to regional and state governments.
Since its inception, the bank has grown steadily and customer deposits grew healthily to over Kyats 300 billion as of today, signifying increased confidence among the public in the bank.
On the flipside, smugglers in Myanmar hand over kyats to a broker, instructing him to send funds to their bank accounts in Singapore to pay for smuggled goods.
We will donate 14.8 millions kyats to IDPs via KIO officials."
According to official disclosure, donation in cash and kind from the community has amounted to over 168 million Kyats ( nearly 200,000 U.S.
The law requires each candidate to pay registration fees of 500,000 kyats (about $500), which the parties see as a big hurdle.