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Economic Indicator: Stock of Money, Stock of Quasi Money, Stock of Domestic Credit
› See all Myanmar indicators,
› See Stock of Money, Stock of Quasi Money, Stock of Domestic Credit data for all countries
Detailed Analysis for Year: 2010
Full Dataset: from 1993 to 2008
Dataset updated: 1st August 2011
Data Source: CIA Factbook
National or Regional Currency: Kyat
Currency Symbol: MMK
Stock of money: $622.6 billion (31 December 2008) $598 billion (31 December 2007) note: this number reflects the vastly overvalued official exchange rate of 5.38 kyat per dollar in 2007; at the unofficial black market rate of 1,305 kyat per dollar for 2007, the stock of kyats would equal only US$2.465 billion and Burma's velocity of money (the number of times money turns over in the course of a year) would be six, in line with the velocity of money for other countries in the region; in 2009, the unofficial black market rate averaged 1,090 kyat per dollar.
Stock of quasi money: $289.3 billion (31 December 2008) $216.9 billion (31 December 2007)
Stock of domestic credit: $8.552 billion (31 December 2010 est.) $6.858 billion (31 December 2009 est.)