Yearly festival of shwezigon pagoda is celebrated on the fullmoon day of Tazaungmone and it is one of the most famous and liveliest pagoda festivals in Bagan. The festival has been held since the Bagan dynasty. On the full moon day, there is a ritual of offering a filled alms bowl to a thousand and more monks and novices. Lacquerware, glazed pots and hand woven cotton blankets are sold by villagers living in the region at this great country fair.