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MMK

MMK is the ISO 4217 currency code for the Burmese Kyat, the official currency of Myanmar. The Kyat is issued by the Central Bank of Myanmar and is used for most monetary transactions within the country. It is subdivided into 100 pyas, a subdivision historically used in Myanmar, though small-denomination notes and coins circulate to support everyday transactions.

The MMK has experienced volatility and policy changes as Myanmar’s economy has evolved. Exchange rates are

Beyond its primary meaning as a currency code, MMK can function as an acronym in different contexts,

influenced
by
government
policy,
market
demand,
and
broader
economic
conditions,
and
official
rates
may
differ
from
those
observed
in
informal
or
parallel
markets.
The
Central
Bank
of
Myanmar
has
implemented
various
reforms
over
time
to
liberalize
currency
controls
and
improve
monetary
management,
with
ongoing
changes
affecting
pricing,
payments,
and
liquidity
in
the
financial
system.
representing
various
organizations,
programs,
or
terms
depending
on
the
field
or
region.
Without
context,
the
exact
meaning
of
MMK
in
these
cases
remains
uncertain.