Money

While a visit to Myanmar used to mean taking in a huge wad of U.S. dollars, there are now ATMs throughout the country that accept Visa and MasterCard, which visitors can use to withdraw the local currency, kyat. A fee of K5,000 ($4) is charged for each transaction; K300,000 ($233) can be withdrawn up to three times per day. Visitors should still bring U.S. dollars in denominations of $20 or less ($1, $5, and $10 are preferable), as long as they are crisp and not damaged. In Yangon and Mandalay, it’s possible to exchange euros, Chinese yuan, and Thai baht into local currency. Coins exist but are rarely given as change. Banknotes range from 50 pyas (cents) up to K10,000.