The Myanmar monetary unit is composed of two parts: the PYA and the KYAT. The PYA is a three-letter currency code for the Myanmar kyat, which is the official currency of Myanmar. The KYAT is a four-letter currency code for the same currency. The Myanmar kyat is divided into 100 pyas and is issued by the Central Bank of Myanmar. It is used in all transactions within the country and is also accepted in some neighboring countries.