Convert Iranian Rial to Myanmar Kyat
Convert Iranian Rial (IRR) to Myanmar Kyat (MMK) using daily updated exchange rates.
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Exchange Rate
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About Iranian Rial
The Iranian Rial (IRR) is the official currency of Iran, though Iranians commonly quote prices in tomans (1 toman = 10 rials). Due to decades of international economic sanctions and domestic monetary mismanagement, the rial has experienced catastrophic depreciation - losing over 99.9% of its value against the dollar since the 1979 Islamic Revolution. In 2020, the Iranian parliament approved a redenomination plan replacing 10,000 rials with 1 new toman, though full implementation has been slow. The Central Bank of Iran issues currency and manages monetary policy.
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).