Kyat Exchange Rates
The best rate I got was 1120 to the dollar at the art market in Yangon. Count your Kyat carefully before you hand over any greenbacks. None the less you should show them the dollar bills before as to get top rates you need pristine 100 US dollar bills. PRISTINE. It's not dangerous in the art market as you can count it in private. They'll give you a chair to sit on and probably offer you a tea. Pretty relaxed. Avoid chaning in a busy street in the open as you may well be conned.
What to bring? Lots of dollars as there are no ATMS! I would also bring some oatmeal (oats) as fried eggs everyday gets on my nerves. Take a sachet of powdered milk aas well. Stay in the Homelands guesthouse in Yangon. The best value for money, clean and so friendly. If you plan to use buses then ok but fly as much as your budget will allow and definately between Mandalay and Bagan, 25 mins on a plane vs 9 hours on the bumpiest bus in Asia.
Reasons for FX rate differences.(see below)... Without doubt, the nicest people in Asia Have a great trip. Dave.
These revenues make next to no impact on the country’s official fiscal accounts, however. The reason is simple: Burma’s U.S. dollar gas earnings are recorded in the government’s published accounts at the local currency’s “official” exchange rate of around six kyat to a dollar. This rate overvalues the currency by nearly 200 times its market value and undervalues the local-currency value of Burma’s gas earnings by an equivalent amount. Recorded at the official rate, Burma’s gas earnings translate into less than 1% of budget receipts. By contrast, if the same gas earnings are recorded at the market exchange rate, their contribution would more than double total state receipts, and largely eliminate Burma’s fiscal deficit.
The motivation for this sleight of hand is probably to “quarantine” Burma’s foreign exchange earnings from the country’s public accounts, thereby making them available to the regime and its cronies. This accounting is facilitated by Burma’s state-owned Foreign Trade Bank and some willing offshore banks.
Flush with these funds, Burma’s military rulers have embarked upon a spending binge of epic proportions, including indulging themselves in the creation of a new administrative capital named Naypyidaw, or “abode of kings.” They are also buying nuclear technologies of uncertain use from Russia and possibly from North Korea.
Hi mum, the trains were VERY different from the ones in India!! Lol. I ate 2 eggs at Mount Fuji and Dave ate 3 (plus my whites!!!). So our life expectancy has definitely increased! ;-) Love and miss you too xxxx
Hey Hi Corinne and Dave,
Thanks for sharing your experience and writing it in such nice detail.
Tokyo definitely sounds like a place to go. Does everyone speak English?
Would be interested your ranking of the citys you visited once you end your journey.
Safe Travels
Richard
tokyo Guys - it sounds an amazing city. Im googling it now to see about 4 day trips as I was thinking of new york or dubai for a short break later this year- but this sounds well worth a visit. Especially as Sushi is now my favourite food. Have you found the bars that serve sushi on naked Ladies !! - Im sure I saw that on telly, or was it a dream - cant remember - no defo saw it on telly :)
Lost in Translation is also a top film - have you seen \any of the hotels that are just like tubes? One just opened over here at Heathrow I think.
Cheers
Wow Brilliant to read your piece on Tokyo. I never thought I'd want to go but you've definitely inspired me to re-think. It's so lovely to read about your travels, are you going into the quieter parts of Japan?
Lots and lots of love for now - only 5 months more work before I depart!
Moise
xxx
Tokyo - another fab blog Well my darlings so good to read your Tokyo blog and Mount Fuji looks beautiful...how many eggs did you eat?!!!! Train looks just a bit different to the ones in India! ha ha What a fabulous time you're having, what an experience. Love and miss you lots, Mum xxx
Nice job with the blog. I was wondering if you can answer a question or two for me. I am planning on going to Myanmar in November. i was planning to stay in Yangon for 2 days while I teach a few classes. Then I was hoping to head out of town. Now when you go out of town, where can one stay if you have to stay at a govt approved hotel or is that only in Yangon? Also the currency exchange on line that I am being told is totally diff. than the exchange rates I am bring quoted by a believer in Yangon. I was told that the exchange rate is 1050ks or so to the US dollar and not the 7 MMK to the dollars. Which is true and if a black market exchange where do I go to exchange in the streets? Thanks. Any advice on clothing to wear and what to make sure I dont forget to bring?
still jealous! it is so great to keep reading about your adventures - didnt realise Paul Hardcastle was in your ipod - we love his tunes big time ! Everywhere you are travelling is so interesting and beautiful beaches / views thanks for sharing them with us. Coz not sure that offwhite yellowing colour will suit you!!! maybe you could borrow Dave's skirt! Will be seeing your mum for a BBQ later on this overcast windy bank holiday sunday - good old british weather you aint missing much - keep blogging x x
Hiking costs Hi Nils, we used a company called Paramount Adventure, based in New Manali (near the Chopsticks restaurant). It cost about $25 a day without a cook. However, we would definitely recommend a cook, as you will be too tired at the end of each day (especially with the altitude!). Enjoy!!! ;-) Thanks, Dave and Corinne
19 Given your eclectic tastes in music I would have been dissappointed if you hadn't arrived without Paul Hardcastle playing in your ears!
Nice pics too, I always thought that you looked great in a skirt.
PS. Heard about news about Jonny boy, he's going to be a dad!
Coast of the tour Hey,
i am reading your blog because i am leaving for India in the ende of August. I am planning as well to go hiking in the mountains like you did, but i have no idea about the coasts.
So, it would be very nice of you, if you could tell me how much you paid for this 4 day trip without cook! :-)
Have a nice stay in India,
Nils
Skirts I take it from your comment that you don't wear skirts all that much yourself?
I've actually got 3 in the closet, 2 shortish ones and one full length one for going out.
Brill blog Brilliant to read your blog of Vietnam. It brought back lots of memories, such as being told off for talking while queueing to see Ho Chi Minh's body in the Mauseleum. I found people in the south much more friendly than in the north but both times I was only there just over a week. Where to next and will there be an address for sending birthday cards???
lots of love
Moise
what a trip! I feel like I am reading a fabulous book -love the pictures too - so glad you are experiencing an amazing time...
even more jealous as life in UK is soooooo hard at the present - lotsaluv Lol and Steve
wow Hi Coz and Dave your mum has sent us your blog and while Indya is asleep and giving me a little peace I have been taking a look, your trip looks fantastic truly amazing really enjoyed readin your blog xx
Fab blog.....Myanmar Hello my darlings, as always a fab blog, I think you two should write a travel book, it would be a best seller!!
Love you both x Mum x
Uncle John.. ....hmmmm, not sure he would have coped too well at all. Glad you're enjoying the blogs and postcards.....just sent another one yesterday, so you should receive that soon! :-) xxxxx
We've always wanted to go traveling - see the world, understand new cultures and enjoy new experiences. With an economic crisis looming, we've decided to head off on the adventure of a lifetime.
We left the UK on the 4th May 2009, and headed clockwise around the world. We're spending the first 6 months in Asia, followed by 3 months in Oceania and 3 months in South America.
Our Asian adventure includes India, Myanmar (Burma), Thailand, Vietnam, Cambodia, Japan, Singapore, Malaysia and Indonesia. Then it's off to Australia, New Zealand and Western Samoa. Followed by Chile, Bolivia, P... full info
giles
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he's got a picture of a train
only dave would put a picture of a train on his blog...a very artistic picture of a train mind you!