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Traveling Yangon Myanmar on Your Own: Myanmar Money, Kyat, and Spending in Myanmar
Myanmar Money, Kyat, and Spending in Myanmar http://www.hotsia.com > Traveling Yangon Myanmar on Your Own > Myanmar Money, Kyat, and Spending in Myanmar Information for traveling Yangon, Myanmar on your own. Traveling Yangon independently, getting to Yangon by yourself, taking the train around Yangon, staying at Gau House Hotel in Yangon, Inya Lake fried shrimp, Burmese houses in Yangon, Yangon public parks, Shan Thai food in Yangon, getting exactly what you want, street food in Yangon.
Currency and Exchange Rate (Myanmar money) How many Kyat equal 1 Baht? Simply put, 1 USD = 900 Kyat, 1 USD = 30 Baht, so 30 Baht = 900 Kyat. Therefore, 1 Baht equals 30 Kyat. When dealing with money, such as taxi fares in Yangon or prices at shops quoted in thousands of Kyat, think of it as roughly dollars. For example, 3,000 Kyat when spoken might be said as 'Jack' meaning Kyat. Removing three zeros means 3 USD or 90 Baht.
To calculate mentally, multiply the first digit by 3 to get the amount in Baht. When exchanging money before your trip, make sure to bring only new US dollar bills; otherwise, they won't accept them. I recommend exchanging the largest bills, especially 100 USD bills, partly to exchange at the airport for a better rate. 100 and 50 USD bills get the best rates, followed by 20 and 1 USD bills. Keep some 1 USD bills for paying taxis in the city or you can pay in Kyat. I think paying in Kyat is more cost-effective. When I exchanged money, I split it 50% USD and 50% Kyat.
For currency exchange, exchange enough at the airport. If not enough, exchange at banks. There are places in markets offering late money exchange, but I did not use those services. mr.hotsia June 2013 recommends popular hotels in Yangon. Myanmar money, Myanmar Kyat. I suggest exchanging money at the airport. The exchange rate for Myanmar Kyat and USD is better with larger bills. The Myanmar money I used on this trip was 5,000 Kyat, which equals about 5 USD or the exchange rate for Myanmar Kyat I used on this trip.
