Convert Brazilian Real to Myanmar Kyat
Convert Brazilian Real (BRL) to Myanmar Kyat (MMK) using daily updated exchange rates.
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Exchange Rate
Exchange rates are updated daily.
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About Brazilian Real
The Brazilian Real (BRL) was introduced on 1 July 1994 as a cornerstone of the Plano Real economic stabilisation programme, which successfully ended decades of hyperinflation that had reached over 2,000% annually. The name "real" means "royal" in Portuguese and also "real" as in genuine. The Banco Central do Brasil manages monetary policy. Brazil has the largest economy in Latin America and the ninth largest globally. The real is divided into 100 centavos. The BRL is one of the most important emerging market currencies and is heavily traded in global forex markets.
About Myanmar Kyat
The Myanmar Kyat (MMK) is the official currency of Myanmar (formerly Burma), managed by the Central Bank of Myanmar. The kyat has experienced extraordinary volatility following the military coup of February 2021, which led to international sanctions, economic disruption, and a collapse in investor confidence. The kyat lost a significant portion of its value in the years following the coup. Myanmar's economy was based on natural gas exports, garments, jade and gems, rice, and tourism prior to the coup. The parallel market exchange rate often diverges significantly from the official rate.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).