Convert Myanmar Kyat to Singapore Dollar
Convert Myanmar Kyat (MMK) to Singapore Dollar (SGD) using daily updated exchange rates.
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Exchange Rate
Exchange rates are updated daily.
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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.
About Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore and is interchangeable at par with the Brunei Dollar (BND) by a 1967 Currency Interchangeability Agreement. The Monetary Authority of Singapore (MAS) manages monetary policy uniquely through the exchange rate - adjusting the Singapore Dollar against a basket of trading partner currencies - rather than through interest rates, because of Singapore's small open economy. Singapore is a global financial centre, the world's busiest container port, and one of the wealthiest nations by per capita income.
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).