The official currency is the Kyat (MMK) pronounced 'Chat'. The best foreign currency to travel on in Myanmar is the US Dollar. The Foreign Exchange Certificate (FEC) is a legal currency for visiting tourists that is usable in government shops and hotels. It is no longer a requirement to convert US$200 into FEC upon arrival in Myanmar, as it once was. One FEC is equivalent to one US Dollar. US Dollar notes will not be accepted if they are damaged or torn in any way, or have pen marks on them. There is a big difference between the official and unofficial exchange rates in Myanmar; street moneychangers offer favourable rates at hotels and markets. Of course, using the black market is risky. Few major hotels, airlines, shops and restaurants accept credit cards and ATM cards can rarely, if ever, be used. It is advisable to carry cash.
Currency Exchange Rates
|Myanmar||MMK 100||MMK 1,000||MMK 10,000||MMK 100,000||MMK 1,000,000|
|Australia||AUD 0.11||AUD 1.06||AUD 10.58||AUD 105.78||AUD 1,057.82|
|Canada||CAD 0.10||CAD 1.04||CAD 10.42||CAD 104.17||CAD 1,041.67|
|Ireland||EUR 0.07||EUR 0.72||EUR 7.23||EUR 72.25||EUR 722.50|
|New Zealand||NZD 0.11||NZD 1.10||NZD 10.99||NZD 109.92||NZD 1,099.18|
|South Africa||ZAR 1.15||ZAR 11.50||ZAR 115.00||ZAR 1,150.02||ZAR 11,500.18|
|United Kingdom||GBP 0.06||GBP 0.60||GBP 6.05||GBP 60.49||GBP 604.89|
|United States of America||USD 0.08||USD 0.81||USD 8.08||USD 80.78||USD 807.81|
Note: These currency exchange rates are not updated daily and should be used as a guideline only.
Become our Myanmar Travel Expert
We are looking for contributors for our Myanmar travel guide. If you are a local, a regular traveller to Myanmar or a travel professional with time to contribute and answer occasional forum questions, please contact us.