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Myanmar (Burma)/Burma currency conversion

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Question
When traveling in Burma (if brave enough to go) is it better; easier; safe; to convert US dollars into Kyat on the black market or via banks/airport?

Answer
Black market is generally fine . . . but mostly only in Yangon (Rangoon).  But you still must convert $200 US to FEC (foreign exchange coupons) when arriving by plane in Myanmar (if you are traveling independently and not part of a group). . . and FEC are usually worth 20-30 kyat less than dollars.  Banks are a lot of nonsense and paperwork . . . and hotels (especially those with official "money-changing licenses") don't give you a good rate.  If you're wary of the black market, the backpacker hotels in Chinatown area can generally help you out (try Beautyland etc.)
Have fun!  Nancy B

Myanmar (Burma)

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Nancy B

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One of my all-time favorites. I`ve been there more than 10 times (for at least a month each time), done the tourist loop five times and travelled to several permit-only areas. Aside from the Yangon, Bago, Inle, Kalaw, Mandalay, Pagan, Pyay route, I`ve travelled twice to Sittwe, Mrauk-U and the Chin areas and then down to Ramree Island, Ngapali and Pathein. Been on the wonderful boat from Bhamo to Mandalay and sojourned in the south a bit past Moulmein. Most recently I trekked in the northern Kachin state, camped and stayed with the Rawang tribe, for 2 weeks on the way to Phonekan Razi to see the Himalayas from the east. I`ve taken nearly every mode of transport--trains, planes, buses, boats, bikes, oxcarts, trekking on foot. I can answer logistical questions about airfare, hotels, restaurants, trekking, trains, restricted/open areas and, especially, cultural/religious sites and their significance.

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The world is a fascinating place and nothing reveals this more thoroughly than exploring faraway lands. I've got a penchant for the exotic, a friendly face and a true curiousity about the people, art and life.

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