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
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
June 71.80 88.49
May 72.34 89.01
April 72.69 89.27
March 73.04 89.66
February 73.39 90.47
January 74.36 91.46

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Weighted-average (WA) Market Exchange Rate

MMK per USD - Date: 18th March 2019

Reference Exchange rate
(WA market rate)
1536.8
Interbank Market WA rate 1538.0
Bank-customer Market WA rate 1534.9
  • 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 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 6.80 %
Annual Rate of Inflation 6.94 %
Year on Year Inflation 6.14 %

     Source : Ministry of Planning and Finance