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
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
June 91.95 94.19
May 93.39 95.30
April 96.49 97.37
March 98.42 98.22
February 99.76 99.55
January 99.83 101.31
2012 December 100.54 103.29
November 101.06 104.14
October 100.44 102.94
September 99.87 101.64
August 100.08 100.52

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: 31st March 2020

Reference Exchange rate
(WA market rate)
1,394.9
Interbank Market WA rate 1,396.8
Bank-customer Market WA rate

1,392.0

  • 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 8.5%pa
Minimum Bank Deposit Rate 6.5%pa

Maximum Bank Lending Rate (Secured)

Maximum Bank Lending Rate (Unsecured)

11.5%pa

 

14.5%pa

Economic Indicators (%)
GDP Growth Rate
2018-2019 First 6 Months
(October to March)
6.30 %
Annual Rate of Inflation
(January 2020)
9.06 %
Year on Year Inflation
(January 2020)
9.09 %

     Source : Ministry of Planning and Finance