kyat in French
According to the informal exchange rate, the kyat's worth is currently about 1,000 to one against the dollar.
He notes that during the reporting period, the value of the Kyat sharply declined as inflation soared, leading to substantially increased hardship of the population.
He was born on 2 Zu-ul-hidja in 362 (on September 4,973 A.D.) in suburb of Kyat, former feudal capital of Khorezm.
Per capital income has also significantly increased from Kyat 1800 in 1988 to Kyat 221,217 at present.
Recorded at the market exchange rate, however, these earnings translate into 1.2 trillion kyat - an amount large enough to eliminate Burma's budget deficit, as well as the destructively inflationary money printing that is the regime's preferred method of public finance.
The official exchange rate pegs Burma's currency, the kyat, at a rate of six to one against the US dollar.
The informal or black market exchange rate determines the value of the kyat according to supply and demand in the marketplace.
- Cost extra, 400 kyat.
A few hundred kyat do not matter to me.
Copies of the 457-article draft Constitution were officially made public on 9 April and were reportedly on sale in bookshops at the price of 1,000 kyat a copy, a price that was reportedly unaffordable for a significant proportion of the population.
the basic unit of money in Myanmar: pya, Myanmar monetary unit