The Republic of the Union of Myanmar

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Activities of Interbank Foreign Exchange Spot Market for 18.11.2013

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Weighted-average (WA) Market Exchange Rate

MMK per USD - Date: 27th January 2020

Reference Exchange rate
(WA market rate)
1,466.3
Interbank Market WA rate 1,466.5
Bank-customer Market WA rate 1,466.1
  • 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
(November 2019)
8.59 %
Year on Year Inflation
(November 2019)
8.26 %

     Source : Ministry of Planning and Finance