The Republic of the Union of Myanmar

Central Bank of Myanmar

NEER & REER

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

(July 2012 = 100)

Year Month NEER REER
2021 April 61.56 89.71
March 65.80 94.85
February 66.04 94.87
January 69.82 99.80
2020 December 69.73 99.95
November 72.68 104.45
October 74.14 106.41
September 73.04 104.80
August 71.60 102.27
July 71.70 102.24
June 70.74 101.19
May 71.21 101.68
April 70.58 100.42
March 70.97 100.19
February 67.74 95.67
January 65.75 93.13
2019 December 64.72 92.39
November 64.19 91.50
October 63.86 90.84
September 64.07 91.08
August 64.64 91.85
July 63.86 90.71
June 63.52 88.18
May 63.43 87.47

Pages

Source : Monetary Policy Affairs Department, CBM

Excel Sheet is available here

Methodology on determination of NEER & REER is available here

MMK per USD - Date 26th July 2021

Reference Exchange Rate
(CBM Auction Rate)
1640.0

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
2019-2020 FY
3.20 %
Annual Rate of Inflation
(February 2021)
2.61 %
Year on Year Inflation
(February 2021)
1.51 %

    Source :

    Ministry of Planning, Finance and Industry