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
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
2016 December 75.09 92.81
November 76.67 94.29
October 76.87 93.80
September 78.58 95.61
August 80.50 98.30
July 82.16 100.26
June 81.64 98.78
May 82.77 99.24
April 81.24 96.37
March 79.66 92.57
February 78.98 91.38
January 76.66 89.15

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: 26th February 2020

Reference Exchange rate
(WA market rate)
1,446.9
Interbank Market WA rate 1,447.4
Bank-customer Market WA rate

1,446.2

  • 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 Rate
2018-2019 First 6 Months
(October to March)
6.30 %
Annual Rate of Inflation
(December 2019)
8.81 %
Year on Year Inflation
(December 2019)
9.45 %

     Source : Ministry of Planning and Finance