You asked: What currency is used in Myanmar?

How much is $1 US in Myanmar?

Convert US Dollar to Burmese Kyat

USD MMK
1 USD 1,864.94 MMK
5 USD 9,324.7 MMK
10 USD 18,649.4 MMK
25 USD 46,623.5 MMK

What is the best currency to use in Myanmar?

Third kyat

1991 Series
Value Description
10 kyats Chinthe, “Central Bank of Myanmar” and value in Burmese
50 kyats Chinthe, “Central Bank of Myanmar” and value in Burmese
100 kyats

Can I use US dollars in Myanmar?

There are many places to exchange foreign currency for kyat in Myanmar, in particular US dollars. For the most competitive rates, visitors are advised to avoid the airport. Instead, banks, exchange bureaus, and hotels offering currency exchange at fair rates can be found in urban areas.

Is Myanmar a poor country?

The economy of Myanmar has a nominal GDP of USD $76.09 billion in 2019 and an estimated purchasing power adjusted GDP of USD $327.629 billion in 2017 according to the World Bank. … This would make Myanmar one of the poorest countries in Southeast Asia.

Is Myanmar cheap to travel?

Thus, no denying that Myanmar is one of the cheapest international destinations for Indians to travel to. But there is more to this country that this; so much more that you might just be booking a flight to Myanmar once you are about to end this read.

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How much money should I bring to Myanmar?

If you’re comfortable staying in guesthouses and hostels, a budget of $50 per day is enough to travel reasonably in Myanmar. With $50 per day to spend, you’ll have no problem visiting most attractions and eating local Burmese food. For a comfortable three-star experience, budget $75 to $100 per day.

How much is a meal in Myanmar?

Cost of Living in Myanmar

Restaurants Edit
Meal, Inexpensive Restaurant 2.10$
Meal for 2 People, Mid-range Restaurant, Three-course 20.00$
McMeal at McDonalds (or Equivalent Combo Meal) 5.00$
Domestic Beer (1 pint draught) 1.25$

Where can I exchange money in Myanmar?

Best Places to Exchange Money in Yangon

  1. Money changers at and around Bogyoke Aung San Market. Image credit: Tetsushi Kimura. …
  2. Money Changers around Sule Pagoda. Image credit: Paul Arps. …
  3. Money Changers in Other Parts of Yangon. Image credit: PHK Money Changer. …
  4. Bank Branches Near Tourist Areas in Yangon. Image credit: Yoma Bank.

How can I send money from USA to Myanmar?

The easiest way to send money to Myanmar is through TransferWise-supported SWIFT/BIC bank transfers. Bank transfers are not necessarily the easiest option. Regardless, once your TransferWise account is set up, it is easy to send money into the recipient’s bank account.

Can you wear shorts in Myanmar?

Although tourism in Myanmar is not very developed yet, locals are used to foreign people and different clothing styles. … You should avoid wearing shorts in Myanmar or any short skirts. Even though most probably nobody will say anything, it is a sign of disrespect to the local culture.

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