MMK black market rate on Aug 29, 2026: 4,238 per USD
On Saturday, August 29, 2026, the US dollar traded at about 4,238 MMK on Myanmar's parallel (black) market at the close of observations. The day opened at 4,268 MMK, reached a high of 4,308 and a low of 4,196, a trading range of 112 MMK (2.67%).
Across 288 observations, the average price to buy dollars was 4,279 MMK and the average price received when selling dollars was 4,377 MMK. Over the session the Burmese Kyat strengthened against the dollar (-0.71% from open to close).
Official rate vs black market rate on Aug 29, 2026
The official exchange rate published for Myanmar on this date was 2,100 MMK per USD. The parallel-market close of 4,238 MMK therefore implied a premium of +101.77% over the official rate — a wide gap that typically signals dollar shortages in the formal banking system.
How Aug 29, 2026 compares
Compared with the previous observed day (Aug 28, 2026, close 4,266 MMK), the rate moved -0.67%.
One week earlier (Aug 22, 2026) the close was 4,280 MMK, so the weekly change was -0.99%.
Thirty days earlier (Jul 30, 2026) the close was 4,320 MMK, a -1.91% 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 Aug 29, 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 Aug 29, 2026?
- The USD to MMK parallel market rate closed at approximately 4,238 MMK per US dollar on Saturday, August 29, 2026, after trading between 4,196 and 4,308 MMK.
- How much did the MMK move against the dollar that day?
- From an open of 4,268 to a close of 4,238 MMK, the parallel rate moved -0.71% on Aug 29, 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 4,238 MMK, a premium of +101.77%.
- Was the MMK black market rate higher or lower than the day before?
- Lower: the previous observed close was 4,266 MMK on Aug 28, 2026, a change of -0.67%.
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.