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Check Your Banknotes in Myanmar


Check Your Banknotes in Myanmar

USD You have to bring all the money you intend to spend in Myanmar as cash US$ bills. Only good banknotes are accepted! This cannot be stressed enough. A good number of travellers find themselves in possession of a small fortune in worthless bills (at least, worthless when dealing with Myanmar moneychangers) due to their condition being less than perfect. Ensure that your dollars:
  • Do not have any marks, stamps, anti-counterfeit pen, ink, or any other mark on them at all. Pencil can be removed with a good eraser, but any permanent marks will greatly decrease a bills value and ability to be exchanged.
  • Are fresh, crisp and as close to brand new as possible. Moneychangers have been known to reject notes just for being creased and/or lightly worn.
  • Are undamaged. No tears, missing bits, holes, repairs, or anything of that sort.
  • Are, preferably, the new US Dollar designs, with the larger portrait, and the multiple-colour prints. Although, old-style US$1 are still commonly traded.
  • If carrying US$100 bills, notes with serial numbers starting "CB" may not be accepted. This is because they are associated with a counterfeit "superbill" which was in circulation some time ago.
  • US$100 bills give you the best exchange rate. Changing US$50 or US$20 bills gives you a slightly lower rate (10-20 kyat/dollar less)
  • Kyat banknotes The bills for 50,100, 200 and 500 kyat are most of the time in a horrible condition, but are generally accepted when making small purchases. The 1000 kyat bills are slightly better, and when exchanging dollars into kyat, check that the banknotes you receive are in a general good condition.

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    Myanmar Travel Guide from Wikitravel. Many thanks to all Wikitravel contributors. Text is available under Creative Commons Attribution-ShareAlike 3.0, images are available under various licenses, see each image for details.

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