kyatn.
/kiːˈɑːt/, U.S. /kiˈ(j)ɑt/ The basic monetary unit of Burma (Myanmar) since 1952.
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society > trade and finance > money > standards and values of currencies > [noun] > specific monetary units or units of account > specific Burmese and Thai
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kyat1952
pya1952
1952 Times 17 June 10/3 It has been announced in Rangoon that the Union Bank of Burma Act, 1952, will become effective on July 1 next, when the new standard unit of monetary value, the kyat, comes into force. The kyat will be the exact equivalent of the present Burma rupee and will be divided into 100 units, each of which will be called a pya.
1955 E. Mannin Land of Crested Lion xi. 155 We..buy baskets of strawberries from Ghurkas..at half a kyat a basket.
1971 National Geographic Mar. 361/1 Working seven days a week for nine months of every year, the couple extract an average of 120 pounds of sap from each tree, earning about 7½ kyats ($1.56) a day.
1972 Guardian 15 Aug. 3/4 Burma's foreign reserves are currently down to..£12 millions... The local currency, the kyat..is worth less than a third its official rate of 14 to the pound sterling.
This entry has not yet been fully updated (first published 1976; most recently modified version published online March 2022).
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n.1952