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Compare today's MMK to KRW (Myanmar Kyat to South Korean Won) exchange rates

Myanmar (Burma)
South Korea
MMK

Interbank Exchange Rate: 1 MMK = 0.6915 KRW
Updated about an hour ago

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All you need to know about Myanmar Kyat to South Korean Won money transfers

Easily compare money transfer providers in one place to send money from Myanmar (Burma) to South Korea. Send money overseas to your loved ones by comparing Myanmar Kyat (MMK) to South Korean Won (KRW) 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).

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Latest MMK to KRW Conversion Rates

Here are some latest MMK to KRW (Myanmar Kyat to South Korean Won) exchange rates for popular conversion amounts*.

1 MMK0.69 KRW
5 MMK3.46 KRW
10 MMK6.92 KRW
25 MMK17.29 KRW
50 MMK34.58 KRW
100 MMK69.15 KRW
150 MMK103.73 KRW
200 MMK138.30 KRW
250 MMK172.88 KRW
300 MMK207.45 KRW
400 MMK276.60 KRW
500 MMK345.75 KRW
600 MMK414.90 KRW
700 MMK484.05 KRW
800 MMK553.20 KRW
1,000 MMK691.50 KRW
1,500 MMK1,037.25 KRW
2,000 MMK1,383.00 KRW
2,500 MMK1,728.75 KRW
3,000 MMK2,074.50 KRW
4,000 MMK2,766.00 KRW
5,000 MMK3,457.50 KRW
10,000 MMK6,915.00 KRW
15,000 MMK10,372.50 KRW
20,000 MMK13,830.00 KRW
30,000 MMK20,745.00 KRW
40,000 MMK27,660.00 KRW
50,000 MMK34,575.00 KRW
100,000 MMK69,150.00 KRW

*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 from Myanmar (Burma) to South Korea?

With the global remittance market booming, there are so many choices for Myanmar Kyat to KRW money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to South Korea from Myanmar (Burma). This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final KRW amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best exchange rate for sending money from Myanmar (Burma) to South Korea?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to South Korea from Myanmar (Burma). Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your MMK to South Korean Won money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Myanmar (Burma) to South Korea corridor to give you more good choices for your next KRW money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money to South Korea from Myanmar (Burma)?

The final amount your recipient gets when you send MMK to KRW is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Myanmar (Burma) to South Korea used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send South Korean Won is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Myanmar Kyat to South Korea exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


How to send money from Myanmar (Burma) to South Korea through a bank?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Myanmar (Burma) to South Korea money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like MMK to KRW transfers.

Given this, there are umpteen additional options to send money to South Korea instead of just your Myanmar (Burma) bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Myanmar Kyat even more so that your recipient in South Korea gets the maximum amount.


What is the fastest way to transfer money from Myanmar (Burma) to South Korea?

If you need to convert MMK to KRW as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Myanmar (Burma) to South Korea could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Myanmar Kyat to South Korean Won funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to South Korea.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Myanmar (Burma) to South Korea. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to transfer money from Myanmar (Burma) to South Korea?

Myanmar (Burma) to South Korea money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach South Korea as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Myanmar Kyat to South Korean Won money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money to South Korea from Myanmar (Burma)

There are many important aspects of Myanmar (Burma) to South Korea remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Myanmar (Burma) bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include KRW bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Myanmar Kyat amount you want to send from Myanmar (Burma).
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in South Korea to validate that they get the money once the transaction clears.