MMK black market rate on Jul 28, 2026: 4,355 per USD
On Tuesday, July 28, 2026, the US dollar traded at about 4,355 MMK on Myanmar's parallel (black) market at the close of observations. The day opened at 4,335 MMK, reached a high of 4,420 and a low of 4,295, a trading range of 125 MMK (2.91%).
Across 288 observations, the average price to buy dollars was 4,381 MMK and the average price received when selling dollars was 4,463 MMK. Over the session the Burmese Kyat weakened against the dollar (+0.46% from open to close).
Official rate vs black market rate on Jul 28, 2026
The official exchange rate published for Myanmar on this date was 2,098 MMK per USD. The parallel-market close of 4,355 MMK therefore implied a premium of +107.57% over the official rate — a wide gap that typically signals dollar shortages in the formal banking system.
How Jul 28, 2026 compares
Compared with the previous observed day (Jul 27, 2026, close 4,335 MMK), the rate moved +0.46%.
One week earlier (Jul 21, 2026) the close was 4,358 MMK, so the weekly change was -0.06%.
Thirty days earlier (Jun 28, 2026) the close was 4,358 MMK, a -0.06% move over the month.
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 Jul 28, 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 Jul 28, 2026?
- The USD to MMK parallel market rate closed at approximately 4,355 MMK per US dollar on Tuesday, July 28, 2026, after trading between 4,295 and 4,420 MMK.
- How much did the MMK move against the dollar that day?
- From an open of 4,335 to a close of 4,355 MMK, the parallel rate moved +0.46% on Jul 28, 2026.
- What was the gap between the official and black market MMK rate on that date?
- The official rate was 2,098 MMK per USD versus a parallel close of 4,355 MMK, a premium of +107.57%.
- Was the MMK black market rate higher or lower than the day before?
- Higher: the previous observed close was 4,335 MMK on Jul 27, 2026, a change of +0.46%.
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.