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
2020 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
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

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 24th September 2020

Reference Exchange rate
(WA market rate)
1,309.7
Interbank Market WA rate 1,309.1
Bank-customer Market WA rate

1,310.7

  • 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 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
2018-2019 FY
(October to September)
6.80 %
Annual Rate of Inflation
(June 2020)
7.91 %
Year on Year Inflation
(June 2020)
4.16 %

     Source : Ministry of Planning and Finance