The Republic of the Union of Myanmar

Central Bank of Myanmar

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Financial Institutions Law-2016

Financial Institutions Law

(Pyidaungsu Hluttaw Law No. 20, 2016)

1st Waning of Pyatho 1377 ME

(January 25, 2016)

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Weighted-average (WA) Market Exchange Rate

MMK per USD - Date: 9th December 2019

Reference Exchange rate
(WA market rate)
1,503.8
Interbank Market WA rate 1,504.4
Bank-customer Market WA rate 1,502.9
  • 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 Rate

2018-2019 First 6 Months

(October to March)

6.30 %
Annual Rate of Inflation 8.61 %
Year on Year Inflation 9.51 %

     Source : Ministry of Planning and Finance