Currency pair of USD MMK indicates that how much Dollar costs in Burmese Kyat currency unit. The current dollar exchange rate was around 1,300 kyats before the military coup, and has risen to a record high of more than 1,800 kyats in the seven months since the coup. 1 Dollar to MMK Exchange rate Live Dollar (USD) and Burmese Kyat (MMK) conversion Fx Pair:Dollar (USD) and Burmese Kyat (MMK) result is updated every minute. Workers who depend on businesses have been halved, ”said a businessman. "Businesses are now able to do just a little bit of work because of the current price hike and now some factories have reduced their operations by half because some of the factories are no longer suitable for resale," he said. The current exchange rate is equivalent to 1770.8512.
We use the midpoint between the buy and sell rates of USD to MMK at currency exchanges across the globe. In addition, the depreciation of the Myanmar currency has led to a rise in the value of the dollar due to the increase in the number of buyers, and the rise in the value of the dollar due to a large number of dollar holders and the fact that some businesses do not have dollars when they need to pay in dollars.īusinesses say the rise in the value of the dollar has led to the problem of overpriced commodity prices and the high cost of running raw materials to run a long-term business. As of 05:00AM UTC One dollar is equal to Ks1,770.85 (MMK) or One thousand seven hundred seventy kyats 85 pyas. On the other hand, what has happened is that the business is slowing down, ”said one businessman. "The main thing is that we can control the value of the dollar, so we can not produce as much as we want," he said. Since then, the value of the dollar has risen to a record high of more than 1,800 kyats.īusinesses say rising dollar prices have pushed up commodity prices and slowed business operations.
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