Official exchange rate in Myanmar
Myanmar: Official exchange rate was 1,382 LCU per US$, period average in 2020. β Volatile
Official exchange rate in Myanmar, 1960β2020
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$, period average.
Analysis
The most recent figure for official exchange rate in Myanmar is 1,382 LCU per US$, period average, measured in 2020.
That represents a change of down 9.0% on the previous year and up 24,419.0% over ten years.
Over the whole period, official exchange rate in Myanmar peaked at 1,518 LCU per US$, period average in 2019 and was at its lowest, 4.76 LCU per US$, period average, in 1960.
Myanmar ranks 24th of 214 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.76 LCU per US$, period average | 4.76 LCU per US$, period average | 4.76 LCU per US$, period average | 10 |
| 1970s | 5.83 LCU per US$, period average | 4.76 LCU per US$, period average | 7.07 LCU per US$, period average | 10 |
| 1980s | 7.33 LCU per US$, period average | 6.39 LCU per US$, period average | 8.47 LCU per US$, period average | 10 |
| 1990s | 6.13 LCU per US$, period average | 5.67 LCU per US$, period average | 6.34 LCU per US$, period average | 10 |
| 2000s | 6.01 LCU per US$, period average | 5.44 LCU per US$, period average | 6.75 LCU per US$, period average | 10 |
| 2010s | 927.56 LCU per US$, period average | 5.44 LCU per US$, period average | 1,518 LCU per US$, period average | 10 |
| 2020s | 1,382 LCU per US$, period average | 1,382 LCU per US$, period average | 1,382 LCU per US$, period average | 1 |
Countries ranked near Myanmar
- 21 Nigeria 1,518 LCU per US$, period average compare
- 22 Rwanda 1,428 LCU per US$, period average compare
- 23 Korea 1,422 LCU per US$, period average compare
- 25 Yemen 1,355 LCU per US$, period average compare
- 26 Iraq 1,300 LCU per US$, period average compare
- 27 Argentina 1,241 LCU per US$, period average compare
More financial sector data for Myanmar
- Domestic credit to private sector by banks 29.0% (2020)
- Total reserves in months of imports 3.29 (2019)
- Net domestic credit 60.94 trillion current LCU (2020)
- Net foreign assets 12.75 trillion current LCU (2020)
- Monetary Sector credit to private sector 29.0% (2020)
- Broad money 69.2% (2020)
- Claims on central government, etc. 26.1% (2020)
- Domestic credit to private sector 29.0% (2020)
- Net migration -39,661 (2025)
- Claims on central government 9.5% (2020)
Frequently asked questions
- What is official exchange rate in Myanmar?
- Official exchange rate in Myanmar was 1,382 LCU per US$, period average in 2020, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest official exchange rate recorded in Myanmar?
- The highest recorded value was 1,518 LCU per US$, period average in 2019.
- What is the lowest official exchange rate recorded in Myanmar?
- The lowest recorded value was 4.76 LCU per US$, period average in 1960.
- How does Myanmar rank for official exchange rate?
- Myanmar ranks 24th out of 214 countries with data for 2020.
- Is official exchange rate rising or falling in Myanmar?
- Over the last ten years it is up 24,419.0%. The long-run trend across the full record is volatile.
- Where does this Myanmar data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Official exchange rate (LCU per US$, period average). Statizoid updates them automatically from the source API.
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About this data
Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. This indicator represents the ratio of Local Currency Units relative to United States dollars.This indicator is derived as an average over the reference period.