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once you've broken a $100, what do you do with the change? i don't quite understand this "only bring $100 bills". can you elaborate?

Bring 100 USD notes to get the best rates. Bring a few smaller notes to cover the last few days of your visit. You will also need smaller USD notes for entrance fees to parks and museums, temples etc so a range of crisp new notes is recommended.

When I lived in Yangon a number of years ago, I was told that certain high ranking (military) officials were given the privelege of buying USD ostensibly for overseas trips at the official bank rate. So they could buy US dollars for about 8 kyat to the dollar and then change back at black market rates of 300 kyat to the dollar (1998). This explains the rationale behind the official exchange rates.

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