Best choice: Payoneer
We tested & reviewed dozens of money transfer providers, and Payoneer scored highly.
Payoneer appeared in 100% of Myanmar [Burma] to the United States searches in the last 6 months, and was the top rated company out of 3 that support MMK to USD.
So for a great blend of cost, speed & features, make your Myanmar [Burma] to the United States transfer using Payoneer.
How to get the best deal on sending money from Myanmar Burma to United States
Get the most from sending money from Myanmar Burma to United States
Comparing providers offering services between Myanmar [Burma] and the United States based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire MMK-USD market and have compared 3 providers offering services between Myanmar [Burma] and the United States.
This ensures you will get the most comprehensive options for sending Kyat to the United States.
Whilst we rate Payoneer as the best overall for transfers between the two countries, comparing gives you the best idea for your specific Myanmar [Burma] to the United States transfer needs.
Cheapest way to send money from Myanmar [Burma] to the United States: Sokin
On average, Sokin fees were 0* MMK per transfer and customers would expect an exchange rate between MMK-USD that is 0.5% different to the mid-market rate
Against the others tested, Sokin is 0.7% cheaper than the second-best option.
To secure a cheap way to transfer MMK to the United States, Sokin is our recommendation.
*The most common fee applied to MMK-USD by Sokin, based on data from the past six months.
Fastest money transfers to the United States from Myanmar [Burma]: Payoneer.
Through our comparison, we found Payoneer to be the fastest option for sending Kyat to US Dollar 100% of the time. For fast transfers between MMK and USD, Payoneer is a great option.
When sending money from Myanmar [Burma] to the United States, Payoneer has an average fee of 0 MMK. Although we would recommend comparing the amount you want to send.
When testing the fastest options, we compared the 3 money transfer providers offering Myanmar [Burma] to the United States transfers for overall speed. This included transfer times to after depositing Kyat to a money transfer account.
When you want the fastest way to send, Payoneer is our recommended choice for Myanmar [Burma] to the United States transfers.
Sending large amounts of money
Of the 3 companies compared, Payoneer has the strongest option for large transfers from Myanmar [Burma] to the United States.
Whatever the reason, sending bigger sums of money can be costly if you get a bad exchange rate from Kyat to US Dollar.
The Payoneer rate makes them great for large transfers between the United States and Myanmar [Burma].
Understanding the cost of money transfers from Myanmar Burma to United States
The total cost of sending money to United States from Myanmar [Burma] is made up of a combination of mid-market, exchange rates and fees.
The Mid-Market and Exchange Rates: The current mid-market for MMK-USD is 0.0003 USD per Kyat.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more US Dollar for your Kyats.
Over the last three months, the average MMK-USD mid-market rate has seen each Kyat worth 0.0004 USD. Within this we see a high of 0.0005, and a low of 0.0003.
Of the 3 companies compared, Payoneer offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting MMK to USD.
Fees: When sending money you may have to pay fees. Sokin has had an average fee of 0 MMK per transfer over the last 6 months, the lowest of the 3 providers compared. We would recommend searching to ensure you get the correct fee for your transfer amount.
Amount Received: When comparing providers, the best measure is the amount of US Dollar eventually received in the United States.
This number should be a guide for your decision if cost is important. A higher amount of money received in the United States means a better overall cost of sending money from Myanmar [Burma].
Getting best exchange rate for transfers between Kyat and US Dollar
Timing is essential for transferring money between MMK and USD. The exchange rate you secure impacts how much USD you get for your MMK.
The recent trends between the currencies are:
Over the past six months, the mid-market rate from MMK to USD has moved slightly. On average, it was 0.0004.
During this same period,there was a high of 0.0005, and a low of 0.0003.
Payoneer, which is our recommended service to send money online from Myanmar [Burma] to the United States offers an exchange rate that is only 1.5% above the mid-market rate.
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Payment options for transfers from Myanmar Burma to United States
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between United States and Myanmar [Burma].
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Myanmar [Burma] to United States.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send MMK to USD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.