Average FX rate to USD rose 8.14% to 4,430 per USD in Madagascar in 2023, according to the National Statistical Office.
Historically, Average FX rate to USD in Madagascar reached an all time high of 4,430 per USD in 2023 and an all time low of 35.0 per USD in 1950.
Madagascar has been ranked 7th within the group of 136 countries we follow in terms of Average FX rate to USD, 4 places above 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 |
| Botswana | per USD | 10.3 | 10.2 | 10.8 | 11.5 | 11.1 | ||||||||||||||||
| Kenya | per USD | 103 | 101 | 102 | 106 | 110 | ||||||||||||||||
| Lesotho | per USD | 13.3 | 13.2 | 14.4 | 16.5 | 14.8 | ||||||||||||||||
| Madagascar | per USD | 3,116 | 3,335 | 3,618 | 3,788 | 3,830 | ||||||||||||||||
| Malawi | per USD | 730 | 732 | 746 | 750 | ... | ... | ... | ||||||||||||||
| Mozambique | per USD | 63.6 | 60.3 | 62.5 | 69.5 | 65.5 | ||||||||||||||||
| Namibia | per USD | 13.3 | 13.2 | 14.4 | 16.5 | 14.8 | ||||||||||||||||
| South Africa | per USD | 13.3 | 13.2 | 14.4 | 16.5 | 14.8 | ||||||||||||||||
| Swaziland | per USD | 13.3 | 13.2 | 14.5 | 16.5 | 14.8 | ||||||||||||||||
| Tanzania | per USD | 2,229 | 2,264 | 2,288 | 2,294 | 2,298 | ... | ... | ||||||||||||||
| Uganda | per USD | 3,611 | 3,727 | 3,704 | 3,718 | 3,587 | ||||||||||||||||
| Zambia | per USD | 9.52 | 10.5 | 12.9 | 18.3 | 20.0 |
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