How it works:
- Version 1: they first offer you a good rate to tempt you. Once you hand your notes to them, they claim that the serial numbers on your notes are “bad”. They then lower the rate.
- Version 2: they offer you a good rate, but give you fewer notes back than promised. When questioned, they claim the good rate is if you had changed more currency.
Places to beware:
- Yangon: Sule Pagoda, Bogyoke Market
What to do:
- Use money changers inside banks or hotels and avoid those on the streets.