Myanmar Currency & Exchange Rate

Besides the official Kyat, the US dollar is also widely accepted in Myanmar as an alternative currency, especially for tourists in Myanmar trips, it is larger purchases such as hotels, luxurious restaurants, flights, etc. from foreigners. It may be sometimes at a worse rate if these transactions are paid in kyat. On the other hand, for smaller purchases such as taxi, buses, and cheaper to mid-range meals payment made in kyat are more preferable.