Definition of kyat in English:

kyat

noun

  • The basic monetary unit of Burma (Myanmar), equal to 100 pyas.

    • ‘Compensation of only 250 kyats - then about two dollars - was to be paid per property.’
    • ‘In the past few weeks, the value of the Burmese currency has halved to around 800 kyat to the dollar.’
    • ‘This is the main reason the kyat collapsed to 350 to the dollar.’
    • ‘The estate is estimated to be worth 400 million kyat, but it is unclear what price it would fetch on the open market in economically battered Myanmar.’
    • ‘In a city famed for its golden pagodas, they build crumbling temporary shelters, beg for kyat (the nearly worthless local currency), and try to avoid police and army soldiers.’
    • ‘Under the new arrangement, lowest-ranking officials will get an overall monthly remuneration of 3,000 kyat while top officials will get 15,000 kyat.’
    • ‘In neighboring Myanmar, the military government there marked the anti-drug day by opening a ‘Drug Elimination Museum’ said to have cost 820 million kyat.’
    • ‘Citing a recent corruption incident at a trade checkpoint in northern Myanmar on the border with China, Shwe Mann said, ‘We have taken action against responsible officials involved in corruption of thousands of millions of kyats.’’
    • ‘Taxi drivers, proud and immaculately groomed in long, Burmese sarongs, politely requested U.S. dollars, since the value of the kyat, Burma's currency, has fallen through the floor.’

Origin

Burmese.

Pronunciation

kyat

/kēˈ(y)ät/