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FX Rate to USD (Average) fell 0.884% yoy to 10.0 per USD in Morocco in 2Q2024

FX Rate to USD (Average) (per USD), 2Q2024
Economy | Morocco | August 25, 2024
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Average FX rate to USD fell 0.884% yoy to 10.0 per USD in Morocco in 2Q2024, according to the National Statistical Office. This is 0.153% less than in the previous quarter.

Historically, Average FX rate to USD in Morocco reached an all time high of 11.6 per USD in 1Q2002 and an all time low of 3.50 per USD in 2Q1957. When compared to Morocco's main peers, Average FX rate to USD in Algeria amounted to 134 per USD, 39.5 per USD in Mauritania, 0.929 per USD in Spain and 3.13 per USD in Tunisia in 2Q2024.

Morocco has been ranked 79th within the group of 141 countries we follow in terms of Average FX rate to USD, 13 places above the position seen 10 years ago.

FX Rate to USD (Average) Unit Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Algeria per USD 136 136 136 135 134
France per USD 0.932 0.919 0.919 0.930 0.921
Italy per USD 0.932 0.919 0.919 0.930 0.921
Libya per USD 4.80 4.79 4.82 4.85 4.82
Mali per USD 611 602 603 610 604
Malta per USD 0.932 0.919 0.919 0.930 0.921
Mauritania per USD 35.2 34.3 37.4 39.1 39.8 ...
Morocco per USD 10.3 10.1 9.97 10.2 10.0
Portugal per USD 0.932 0.919 0.919 0.930 0.921
Senegal per USD 611 602 603 610 604
Spain per USD 0.932 0.919 0.919 0.930 0.921
Tunisia per USD 3.10 3.08 3.10 3.14 3.11