Burma Currency Stats
Definitions
- Monetary unit: Country currency.
- Official exchange rate > LCU per US$ > Period average: 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).
- Official exchange rate > LCU per US$, period average: Official exchange rate (LCU per US$, period average). 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).
- Terms of trade since 1995: Net barter terms of trade (1995 = 100). Net barter terms of trade are the ratio of the export price index to the corresponding import price index measured relative to the base year 1995.
SOURCES: Wikipedia: Chiang Mai Initiative; British Broadcasting Corporation 2014; World Development Indicators database; International Monetary Fund, International Financial Statistics. World Bank World Development Indicators.; The World Bank Group
Citation
- Burma ranked #4 for currency > official exchange rate > LCU per US$, period average amongst Former British colonies in 2012.
