The Republic of the Union of Myanmar

Central Bank of Myanmar

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Notification No. 1201/2015

In exercise of the power conferred by sub-section (a) of section 69 of the Anti-Money Laundering Law, the Ministry of Home Affairs issues the following Rules with the approval of the Union Government.

Notification No.1201/2015

Weighted-average (WA) Market Exchange Rate

MMK per USD - Date: 28th May 2020

Reference Exchange rate
(WA market rate)
1,404.5
Interbank Market WA rate 1,404.2
Bank-customer Market WA rate

1,404.9

  • CBM announces daily Reference Exchange Rate every working day at 4:00 PM, based on deals between 9:00 AM and 3:00 PM.
  • Methodology on determination of Reference Exchange Rate is available here

MMK Exchange rate for other currencies are available here (forex.cbm.gov.mm)

Interest Rate(%)
Central Bank Rate 7%pa
Minimum Bank Deposit Rate 5%pa

Maximum Bank Lending Rate (Secured)

Maximum Bank Lending Rate (Unsecured)

10%pa

 

14.5%pa

Economic Indicators (%)
GDP Growth Rate
2018-2019 First 6 Months
(October to March)
6.30 %
Annual Rate of Inflation
(March 2020)
9.10 %
Year on Year Inflation
(March  2020)
6.61 %

     Source : Ministry of Planning and Finance