Average FX rate to USD rose 0.001% to 15.4 per USD in Maldives in 2023, according to the National Statistical Office.
Historically, Average FX rate to USD in Maldives reached an all time high of 15.4 per USD in 2018 and an all time low of 3.93 per USD in 1974. When compared to Maldives's main peers, Average FX rate to USD in India amounted to 82.6 per USD, 15,237 per USD in Indonesia, 1.34 per USD in Singapore and 328 per USD in Sri Lanka in 2023.
Maldives has been ranked 87th within the group of 143 countries we follow in terms of Average FX rate to USD, 3 places below the position seen 10 years ago.
| FX Rate to USD (Average) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Australia | per USD | 1.30 | 1.34 | 1.44 | 1.45 | 1.33 | ||||||||||||||||
| Bangladesh | per USD | 80.4 | 83.5 | 84.5 | 84.9 | 85.1 | ||||||||||||||||
| China | per USD | 6.76 | 6.62 | 6.91 | 6.90 | 6.45 | ||||||||||||||||
| India | per USD | 65.1 | 68.4 | 70.4 | 74.1 | 73.9 | ||||||||||||||||
| Indonesia | per USD | 13,381 | 14,237 | 14,148 | 14,582 | 14,308 | ||||||||||||||||
| Malaysia | per USD | 4.30 | 4.04 | 4.14 | 4.20 | 4.14 | ||||||||||||||||
| Maldives | per USD | 15.4 | 15.4 | 15.4 | 15.4 | 15.4 | ||||||||||||||||
| Myanmar | per USD | 1,360 | 1,430 | 1,518 | 1,382 | 1,615 | ||||||||||||||||
| Pakistan | per USD | 105 | 122 | 150 | 162 | 163 | ||||||||||||||||
| Philippines | per USD | 50.4 | 52.7 | 51.8 | 49.6 | 49.3 | ||||||||||||||||
| Singapore | per USD | 1.38 | 1.35 | 1.36 | 1.38 | 1.34 | ||||||||||||||||
| Sri Lanka | per USD | 152 | 162 | 179 | 186 | 199 | ||||||||||||||||
| Thailand | per USD | 33.9 | 32.3 | 31.0 | 31.3 | 32.0 |
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