kyat

American  

[kyaht, kee-aht] / kyɑt, kiˈɑt /

noun

1. a paper money, cupronickel coin, and monetary unit of Myanmar (Burma), equal to 100 pyas.

---

kyat British  

/ kɪˈɑːt /

noun

1. the standard monetary unit of Myanmar, divided into 100 pyas

---

Etymology

Origin of kyat

First recorded in 1950–55; from Burmese cyat (written kyap )

Example Sentences

In Myanmar’s digital kyat pilot program, which the government announced in general terms in June, the Central Bank of Myanmar would issue digital kyat via authorized banks.

From The Wall Street Journal

Myanmar’s kyat has depreciated sharply against the U.S. dollar and other currencies, raising prices for many necessities, while restrictions on trade and movement and active fighting have disrupted farming.

From Seattle Times

It said the military administration’s efforts to attract foreign exchange and stabilize Myanmar’s currency, the kyat, have “generally been ineffective,” causing uncertainty and distorting markets.

From Seattle Times

In Thursday’s morning trading in Myanmar’s currency black market. the kyat slipped to around 3,050 to the dollar from the previous day’s rate of 2,970.

From Seattle Times

The report said households faced severe pressure due to lower purchasing power and higher food and fuel prices, with the kyat currency plunging around 31% against the U.S. dollar.

From Reuters