Official exchange rate, LCU per USD, period average in Myanmar

Myanmar: Official exchange rate, LCU per USD, period average was 2,100 in 2024. ◆ Volatile

Latest (2024)
2,100
Change on year
unchanged
World rank
24th
of 193 countries
All-time high
2,100
in 2023
All-time low
5.44
in 2008
Years of data
38
1987–2024

Official exchange rate, LCU per USD, period average in Myanmar, 1987–2024

05001.0k1.5k2.0k1987200520241987: 6.71988: 6.41989: 6.71990: 6.31991: 6.31992: 6.11993: 6.21994: 61995: 5.71996: 5.91997: 6.21998: 6.31999: 6.32000: 6.52001: 6.72002: 6.62003: 6.12004: 5.82005: 5.82006: 5.82007: 5.62008: 5.42009: 5.62010: 5.62011: 5.42012: 640.72013: 933.62014: 984.32015: 1.2k2016: 1.2k2017: 1.4k2018: 1.4k2019: 1.5k2020: 1.4k2021: 1.4k2022: 1.9k2023: 2.1k2024: 2.1k

Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.

Analysis

Myanmar recorded 2,100 for official exchange rate, lcu per usd, period average in 2024. That is the highest value across all 38 years on record.

Compared with earlier readings it is up 113.3% over ten years.

Over the whole period, official exchange rate, lcu per usd, period average in Myanmar peaked at 2,100 in 2023 and was at its lowest, 5.44, in 2008.

That places Myanmar 24th out of 193 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 6.58 6.39 6.7 3
1990s 6.13 5.67 6.34 10
2000s 6.01 5.44 6.75 10
2010s 927.56 5.44 1,518 10
2020s 1,788 1,382 2,100 5

Countries ranked near Myanmar

  1. 21 Tanzania 2,545 compare
  2. 22 Democratic Republic of Congo 2,220 compare
  3. 23 Congo 2,192 compare
  4. 25 Malawi 1,735 compare
  5. 26 Italy 1,654 compare
  6. 27 South Korea 1,464 compare

See the full ranking of 194 places →

More reference data data for Myanmar

All data for Myanmar →

Frequently asked questions

What is official exchange rate, lcu per usd, period average in Myanmar?
Official exchange rate, lcu per usd, period average in Myanmar was 2,100 in 2024, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest official exchange rate, lcu per usd, period average recorded in Myanmar?
The highest recorded value was 2,100 in 2023.
What is the lowest official exchange rate, lcu per usd, period average recorded in Myanmar?
The lowest recorded value was 5.44 in 2008.
How does Myanmar rank for official exchange rate, lcu per usd, period average?
Myanmar ranks 24th out of 193 countries with data for 2024.
Is official exchange rate, lcu per usd, period average rising or falling in Myanmar?
Over the last ten years it is up 113.3%. The long-run trend across the full record is volatile.
Where does this Myanmar data come from?
The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Official exchange rate, LCU per USD, period average. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 38 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Official exchange rate, LCU per USD, period average
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
194 places, 7,533 data points, 1987–2026
Last refreshed

Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).