MMK black market rate on Jun 16, 2026: 4,173 per USD
On Tuesday, June 16, 2026, the US dollar traded at about 4,173 MMK on Myanmar's parallel (black) market at the close of observations. The day opened at 4,020 MMK, reached a high of 4,227 and a low of 4,020, a trading range of 206.5 MMK (5.14%).
Across 288 observations, the average price to buy dollars was 4,189 MMK and the average price received when selling dollars was 4,278 MMK. Over the session the Burmese Kyat weakened against the dollar (+3.79% from open to close).
Official rate vs black market rate on Jun 16, 2026
The official exchange rate published for Myanmar on this date was 2,100 MMK per USD. The parallel-market close of 4,173 MMK therefore implied a premium of +98.72% over the official rate — a wide gap that typically signals dollar shortages in the formal banking system.
How Jun 16, 2026 compares
Compared with the previous observed day (Jun 15, 2026, close 4,020 MMK), the rate moved +3.79%.
How this daily figure is produced
ETCurrency samples Myanmar's USD/MMK parallel market throughout the day from peer-to-peer stablecoin order books and, where available, community submissions. Each sample is filtered for outliers and aggregated into a single buy and sell quote; the figures above are the first, highest, lowest and last of those aggregated quotes for Jun 16, 2026 (UTC).
USDT peer-to-peer prices closely track cash dollar prices in most parallel markets but are not identical to them: payment-method fees, merchant margins and local demand for stablecoins can all add a few tenths of a percent.
Frequently asked questions
- What was the dollar to Burmese Kyat black market rate on Jun 16, 2026?
- The USD to MMK parallel market rate closed at approximately 4,173 MMK per US dollar on Tuesday, June 16, 2026, after trading between 4,020 and 4,227 MMK.
- How much did the MMK move against the dollar that day?
- From an open of 4,020 to a close of 4,173 MMK, the parallel rate moved +3.79% on Jun 16, 2026.
- What was the gap between the official and black market MMK rate on that date?
- The official rate was 2,100 MMK per USD versus a parallel close of 4,173 MMK, a premium of +98.72%.
- Was the MMK black market rate higher or lower than the day before?
- Higher: the previous observed close was 4,020 MMK on Jun 15, 2026, a change of +3.79%.
Figures are aggregated parallel-market observations for Myanmar in UTC and are indicative only; they are not a quote to trade. See the full USD → Burmese Kyat history or today's live rate.