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
2015 June 85.31 95.57
May 86.41 95.84
April 87.27 95.62
March 91.17 98.76
February 90.60 97.81
January 90.36 97.99
2014 December 89.99 96.52
November 89.09 94.55
October 90.54 95.28
September 91.62 96.32
August 91.69 96.67
July 91.54 96.36
June 92.39 97.07
May 92.93 97.24
April 93.09 96.66
March 92.38 95.38
February 91.00 93.73
January 91.29 94.17
2013 December 90.92 94.36
November 90.92 94.32
October 90.57 93.67
September 91.71 95.24
August 91.33 94.83
July 90.26 92.60

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: 23rd August 2019

Reference Exchange rate
(WA market rate)
1,518.4
Interbank Market WA rate 1,518.9
Bank-customer Market WA rate 1,517.7
  • 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