Asia Forums

Start a new topic Change Forum
Advanced search

Changing money in Burma

Jump to last reply

There are changes afoot in Burma as regards changing money. As I expect all of you know, there is an "official" rate of exchange of about 6-8 kyat to the dollar and the black market rate of a bit over 800 kyat to the dollar currently. Previously, it has not been possible for foreigners to exchange money at banks in Burma.

Recently, there have been changes in the banking laws in Burma, and banks are being allowed to open currency exchanges. So far, there is a report on Thorntree of one open in Yangon. The currency exchange does exchange at rates similar to the black market rate, not the official rate. (Will this mean they will do away with the "official rate"? who knows?)

Anyone heading to Burma should keep their eyes open for this, and please report back on your experience. We will, of course, report back on our experience.

12 Replies |Back to top

| Add a Reply

Sign in to comment.

Recent Activity

View all Asia activity »
  1. 1 Passport Safety
  2. 2 Sightseeing suggestions for Manila
  3. 3 Trip Report My trip report from the Philippines
  4. 4 10 Days in Vietnam/Thailand/Cambodia
  5. 5 HELP! BKK, UdonThani&Beach Budget Family
  6. 6 Art in Shanghai
  7. 7 One week in Thailand
  8. 8 Japan Itinerary Help Please! 4.5-4.17
  9. 9 Thailand, Laos, Cambodia
  10. 10 Which to see first - Kyoto or Tokyo?
  11. 11 A hero in Myanmar: A man who does his job
  12. 12 Final Itinerary Kyoto area through Kamakura (skipping Tokyo this trip)
  13. 13 How would you do Hiroshima & Miyajima if can only stay 1 night in Miyajima?
  14. 14 Where to Play Basketball In Phuket
  15. 15 Cebu/Bohol - where to stay, how to see Chocolate Hills
  16. 16 Obtaining Thai Visa in Laos
  17. 17 Thailand mid-December
  18. 18 Safe for solo female travel in Malaysia?
  19. 19 Trip Report A week of blue skies in Beijing, who would've guessed?
  20. 20 Phillipines: itinerary suggestions
  21. 21 Trip Report The City, the River, the Jungle: Our Holiday in Kuching - Borneo
  22. 22 What I like about Mumbai
  23. 23 Where to stay for 2-3 nights between Tsumago and Hakone April 2015
  24. 24 Sumatra for 2 weeks in December
  25. 25 Itinerary for Second Visit to Japan
View next 25 » Back to the top