The Republic of the Union of Myanmar

Central Bank of Myanmar

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NEER & REER

Monthly Nominal Effective Exchange Rate (NEER)
and
Real Effective Exchange Rate (REER)

(July 2012 = 100)

Year Month NEER REER
2019 June 63.52 88.18
May 63.43 87.47
April 63.44 86.78
March 63.03 85.31
February 62.87 84.35
January 62.95 84.40
2018 December 62.60 83.92
November 62.86 84.86
October 64.44 86.11
September 63.05 83.34
August 66.32 86.89
July 68.58 89.48
June 69.13 89.21
May 69.38 88.96
April 69.08 88.49
March 68.75 87.60
February 69.19 87.98
January 69.20 88.35
2017 December 69.73 88.60
November 70.06 88.62
October 70.56 88.25
September 70.24 87.09
August 70.61 87.10
July 71.34 88.04

Pages

Source : Monetary Policy Affairs Department, CBM

Excel Sheet is available here

Methodology on determination of NEER & REER is available here

Weighted-average (WA) Market Exchange Rate

MMK per USD - Date: 20th September 2019

Reference Exchange rate
(WA market rate)
1,534.2
Interbank Market WA rate 1,534.3
Bank-customer Market WA rate 1,534
  • 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 10%pa
Minimum Bank Deposit Rate 8%pa

Maximum Bank Lending Rate (Secured)

Maximum Bank Lending Rate (Unsecured)

13%pa

 

16%pa

Economic Indicators (%)
GDP Growth 6.50 %
Annual Rate of Inflation 8.08 %
Year on Year Inflation 9.51 %

     Source : Ministry of Planning and Finance