QUOTE(youngman28 @ Nov 10 2011, 05:49 PM)
The better bet will be on those hotel, the rate are quite good. For those invidual runner at the road site, alot of them look like bangladesh peole with tanne skin, i have no confident exchange money with them, scare they will raise a knife when no others peope around. The better place is the BY Market opposite the Centra Hotel, have a few jewelly shop c/w money exchange, is the best rate i found in Yangon, you may suprise, one of the money exchange accept RM as well.
Btw, the Yangon money exchange very particular the note apperance, slightly tear-off on middle, they wouldnot accept yrs note, USD1, 5, 10 have different rate as compare to USD50, 100 note, the bigger the note amount, the better the rate.
Just back from Myanmar last week.
The exchange rate form US to Kyat = 780/ us $ ( 1 st week nov 2011 ) and depends on the US Notes ( 100 = highest rate, 20 & 50 = lower , 10 5 and 1 = lowest rate )
As for currencies exchange, there is now a BIG change. Banks are now offering VERY competative US to Kyat rates. I found it better than those offered by Bogyoke market.
Check out "Asia Green Development Bank" at 143 - 149, Sule Pagoda road. (Between Traders Hotel and Sule Pagoda). Please bring your passport to exchange currencies.
Plus it is safer than "money exchangers" on the road or in the market. Did both methods, suggest you stick with the bank . Conmen are everywhere in Myanmar !!!
Again a
REMINDER :- Your US currencies MUST be CRISP and CLEAN, else it won't be accepted at ALL.
Sep 25 2011, 06:40 PM
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