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

Myanmar (Burma)
United States
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 United States. 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.

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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 from Myanmar (Burma) to USA?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Myanmar (Burma) to USA. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Myanmar Kyat to USD.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send MMK to USD in USA. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to USA from Myanmar (Burma). We provide you with maximum choices to send money to USA by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to USA from Myanmar (Burma)?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to USA 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 United States Dollar 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 USA corridor to give you more good choices for your next USD money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way for transferring money to USA from Myanmar (Burma)?

One of the most important things to watch out for is hidden fees when sending money to USA from Myanmar (Burma). Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to USA using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your United States Dollar foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MMK to USA exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to USA from Myanmar (Burma).


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

Bank transfers have been a traditionally popular way to send money overseas from Myanmar (Burma) to USA. 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 USA 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 USA fast?

It could be a stressful experience if you need to rush money quickly from Myanmar (Burma) to USA. 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 USA money transfers.


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

Myanmar (Burma) to USA 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 USA 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 United States Dollar 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 USA from Myanmar (Burma)

There are many important aspects of Myanmar (Burma) to USA 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 USD 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 USA to validate that they get the money once the transaction clears.