Myanmar’s currency is Kyat and Kyat notes are issued in denomination of 1, 5, 10, 15, 20, 45, 50, 90, 100, 200, 500, 1000, 5000 and the biggest note is 10000 Kyats. You will see 50, 100, 200, 500, 1000, 5000 and 10000 notes mostly and it’s rare to see other notes. Although you can find ATM machine and can use Visa, Master, American Express cards in large cities and tourist attraction areas, Myanmar people use cash mainly. You can exchange US, Singapore, Euro, UK, Malaysia and Thai currencies at banks, but US dollar is the only one you can exchange everywhere in Myanmar at the moment. Therefore, it is advisable that you carry US dollar to travel in Myanmar. The strange custom in Myanmar is that many exchange counters (not banks) don’t want to take the US dollar notes with scratches, tears or ink stains even the minor ones or they will pay you less for those notes. Therefore, it is better to bring the notes without scratches, tears or ink stains. The bigger the note, the higher the exchange rate. For example, when you will get the exchange rate of 1350 kyats for 100 USD note, you will get the rate of 1340 kyats for 20 USD. Don’t exchange money in black market. There are official banks and money exchange booths in cities and tourist attraction areas.
Visa and Ports of Entry
The visa is needed to visit Myanmar except the holders of following countries’ passports:
However, please check before you come to Myanmar.
E-Visa – You can apply E-visa at this website (www.evisa.moip.gov.mm). Tourist Visa (28 days) and Business visa (70 days) can be applied online and you can extend further two weeks. It takes about 2-9 working days to get visa. It is relatively cheap and you don’t need to send the original passport.
You can also apply visa at Myanmar embassy if there is one near your place but you will need to send the original passport.
Overland Entry is permitted with valid visa for international visitors at designated check points.
Currently, the ports can be used freely for Overland Entry are between Myanmar and Thailand: Tachileik – Mae Sai Land Border Checkpoint, Myawaddy – Mae Sot Land Border Checkpoint, Htee Kee – Phunaron Land Border Checkpoint (e-visa not permitted at this point) and Kawthaung – Ranong Land Border Checkpoint. Crossing across to India and China requires permit and crossing to Laos and Bangladesh is not permitted for foreigners.
Airport Tax is US$10 for departure at the international gateways.
Ports of Entry –