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Compare today's MMK to USD (Myanmar Kyat to US Dollar) exchange rates

Myanmar (Burma)
British Indian Ocean Territory
MMK

Interbank Exchange Rate: 1 MMK = 0.0005 USD
Updated about an hour ago

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All you need to know about Myanmar Kyat to US Dollar money transfers

Easily compare money transfer providers in one place to send money from Myanmar (Burma) to British Indian Ocean Territory. Send money overseas to your loved ones by comparing Myanmar Kyat (MMK) to US Dollar (USD) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Myanmar (Burma).

Were you looking to send money from British Indian Ocean Territory to Myanmar (Burma) instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest MMK to USD Conversion Rates

Here are some latest MMK to USD (Myanmar Kyat to US Dollar) exchange rates for popular conversion amounts*.

1 MMK0.00 USD
5 MMK0.00 USD
10 MMK0.01 USD
25 MMK0.01 USD
50 MMK0.03 USD
100 MMK0.05 USD
150 MMK0.08 USD
200 MMK0.10 USD
250 MMK0.13 USD
300 MMK0.15 USD
400 MMK0.20 USD
500 MMK0.25 USD
600 MMK0.30 USD
700 MMK0.35 USD
800 MMK0.40 USD
1,000 MMK0.50 USD
1,500 MMK0.75 USD
2,000 MMK1.00 USD
2,500 MMK1.25 USD
3,000 MMK1.50 USD
4,000 MMK2.00 USD
5,000 MMK2.50 USD
10,000 MMK5.00 USD
15,000 MMK7.50 USD
20,000 MMK10.00 USD
30,000 MMK15.00 USD
40,000 MMK20.00 USD
50,000 MMK25.00 USD
100,000 MMK50.00 USD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money to British Indian Ocean Territory from Myanmar (Burma)?

It can be very confusing when sending money from Myanmar (Burma) to British Indian Ocean Territory given so many choices. Additionally, Myanmar Kyat to USD exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Myanmar (Burma) to British Indian Ocean Territory as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to British Indian Ocean Territory from Myanmar (Burma). In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Myanmar Kyat to United States Dollar remittances.


How to get the best rate to transfer money to British Indian Ocean Territory from Myanmar (Burma)?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Myanmar (Burma) to British Indian Ocean Territory transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your MMK to United States Dollar international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Myanmar Kyat to United States Dollar exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to transfer money from Myanmar (Burma) to British Indian Ocean Territory?

Finding the cheapest way to send money from Myanmar (Burma) to British Indian Ocean Territory might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer MMK to USD via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Myanmar (Burma) to British Indian Ocean Territory exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


Should I use my bank to send money from Myanmar (Burma) to British Indian Ocean Territory?

Bank transfers have been a traditionally popular way to send money overseas from Myanmar (Burma) to British Indian Ocean Territory. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the MMK to USD exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Myanmar (Burma) bank for your British Indian Ocean Territory money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money from Myanmar (Burma) to British Indian Ocean Territory fast?

It could be a stressful experience if you need to rush money quickly from Myanmar (Burma) to British Indian Ocean Territory. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert MMK to USD. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in United States Dollar. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Myanmar (Burma) to British Indian Ocean Territory money transfers.


Which are the best money transfer companies to transfer money to British Indian Ocean Territory from Myanmar (Burma)?

Comparing money transfer companies for sending money to British Indian Ocean Territory from Myanmar (Burma) can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to British Indian Ocean Territory. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Myanmar Kyat to United States Dollar transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the United States Dollar yield on every Myanmar Kyat that you send.


Step by step guide to transfer money to British Indian Ocean Territory from Myanmar (Burma)

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Myanmar (Burma) to British Indian Ocean Territory, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Myanmar (Burma) to British Indian Ocean Territory that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in British Indian Ocean Territory where they can receive monies in United States Dollar.
  • Then, provide details of your Myanmar (Burma) bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your MMK travel to another part of the globe.