Jaka
Myanmar’s foreign exchange market has undergone significant liberalization, culminating in the adoption of a flexible exchange rate regime in April 2012. This has led to the emergence of a vibrant market with a number of currency exchange service providers. Here are the top five currency exchange services in Myanmar.
- KBZ Bank
KBZ Bank is the largest currency exchange service provider in Myanmar, with a market share of over 30%. It offers a wide range of foreign exchange services, including spot and forward contracts, as well as currency notes and coins.
- Myanmar Oriental Bank
Myanmar Oriental Bank is the second largest currency exchange service provider in Myanmar, with a market share of around 20%. It offers a similar range of services as KBZ Bank, and is also authorized to conduct currency exchange with other banks and financial institutions.
- Asia Green Development Bank
Asia Green Development Bank is the third largest currency exchange service provider in Myanmar, with a market share of around 15%. It offers a wide range of foreign exchange services, as well as other financial products and services.
- United Amara Bank
United Amara Bank is the fourth largest currency exchange service provider in Myanmar, with a market share of around 10%. It offers a range of foreign exchange services, including spot and forward contracts, as well as currency notes and coins.
- Shwe Bank
Shwe Bank is the fifth largest currency exchange service provider in Myanmar, with a market share of around 5%. It offers a range of foreign exchange services, including spot and forward contracts, as well as currency notes and coins.
The 7 Biggest Currency Exchange Service near Mandalay
Top Shine Exchange
- Address: No. 193/7, 29th street, between 83rd street & 84th street, Mandalay 09502, Myanmar (Burma)
- Map: Click here
- Rating: 4.2 (10)
- Phone: +95 9 777 708869
- Opening hours:
Monday: 9:30 AM – 5:00 PMTuesday: 9:30 AM – 5:00 PMWednesday: 9:30 AM – 5:00 PMThursday: 9:30 AM – 5:00 PMFriday: 9:30 AM – 5:00 PMSaturday: 10:00 AM – 3:00 PMSunday: 10:00 AM – 3:00 PM - Reviews:
4 years agoBest rate I found in mandalay as tourist exchanging Australian dollars. A bit hard to find as not located on main road but used Google maps and asked locals to find. I sugessted them to have sign located out front to easily locate.7 years agoGood exchange rates and serious, look for the shiny LED sign and a red gate. There should be a guard that will open the door for you.5 years agoWorse rate in the town! It’s better try any bank! For $ offered 1310 when I got 1322 in the bank! For banknotes issued in 90th they offer rate even the worst rate! If I were you I’d better save time and money.6 years agoYou need to go up an alley, opposite a blue and white building to find it.2 years agoVery rude & unprofessional people. I asked a simple question & it took 12 sms to answer it.
- Discover the Biggest Water Park in Mandalay
Myanmar is home to several impressive water parks, each offering a unique blend of thrilling rides, leisurely attractions, and family-friendly..
- The 7 Biggest Water Park in Yangon
Myanmar (Burma) boasts several impressive water parks that offer thrilling entertainment and refreshing escapes. Here are the top 5 largest..
- The 4 Biggest Water Park in Naypyidaw
Water parks have become increasingly popular in Myanmar, offering respite from the tropical heat and providing entertainment for people of..
- The 7 Biggest Phone Store in Mandalay
Myanmar (Burma) has witnessed a surge in mobile phone usage in recent years, leading to the emergence of several prominent..