Currency, ATMs, and Payments in Myanmar

Currency, ATMs, and Payments in Myanmar

The official currency of Myanmar is the Kyat (MMK). Cash is still the primary method of payment, especially outside major cities. While credit and debit cards are becoming more accepted in larger hotels, restaurants, and high-end shops in Yangon, Mandalay, and tourist areas like Bagan, cash remains essential for most transactions.

• Cash: It’s recommended to carry enough cash, particularly small denominations for markets, taxis, and rural areas. US dollars (new, clean bills) are also widely accepted at hotels and travel agencies.

• ATMs: ATMs are available in major cities and airports. International cards (Visa, MasterCard, sometimes UnionPay) are accepted at many ATMs, though withdrawal fees apply, and connectivity issues can happen. Always have backup cash just in case.

• Credit Cards: Some high-end hotels, luxury restaurants, and souvenir shops accept credit cards with a small surcharge. However, don’t rely solely on cards, especially in smaller towns.

• Mobile Payments: Mobile wallets and apps like KBZPay are growing in popularity, mostly in urban areas, but they are not yet widely used by tourists.

• Money Exchange: Exchange US dollars or euros at official money changers or banks. Avoid street exchanges for safety and better rates.

Quick Tips:

• Bring new, crisp US dollar bills (no folds, stains, or tears) if planning to use or exchange them.

• Always keep some cash for emergencies.

• Double-check ATM withdrawal limits and fees with your bank before traveling.

For reservation for your accommodation: