FX rate to USD at the end of period rose 2.48% to 4,573 per USD in Madagascar in 2023, according to the National Statistical Office.
Historically, FX rate to USD at the end of period in Madagascar reached an all time high of 4,573 per USD in 2023 and an all time low of 35.0 per USD in 1950. When compared to Madagascar's main peers, FX rate to USD at the end of period in Mozambique amounted to 63.9 per USD, 18.5 per USD in South Africa, 18.4 per USD in Swaziland and 2,522 per USD in Tanzania in 2023.
Madagascar has been ranked 8th within the group of 170 countries we follow in terms of FX rate to USD at the end of period, 3 places above the position seen 10 years ago.
| FX Rate to USD (End of Period) | 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 | 9.87 | 10.7 | 10.6 | 10.8 | 11.7 | ||||||||||||||||
| Kenya | per USD | 103 | 102 | 101 | 109 | 113 | ||||||||||||||||
| Lesotho | per USD | 12.3 | 14.4 | 14.0 | 14.7 | 15.9 | ||||||||||||||||
| Madagascar | per USD | 3,230 | 3,470 | 3,627 | 3,825 | 3,957 | ||||||||||||||||
| Malawi | per USD | 732 | 734 | 739 | 773 | 819 | ||||||||||||||||
| Mozambique | per USD | 59.0 | 61.5 | 61.5 | 74.9 | 63.8 | ||||||||||||||||
| Namibia | per USD | 12.4 | 14.4 | 14.1 | 14.6 | 15.9 | ||||||||||||||||
| South Africa | per USD | 12.3 | 14.4 | 14.0 | 14.7 | 15.9 | ||||||||||||||||
| Swaziland | per USD | 12.3 | 14.4 | 14.1 | 14.6 | 15.2 | ||||||||||||||||
| Tanzania | per USD | 2,230 | 2,281 | 2,288 | 2,298 | 2,298 | ||||||||||||||||
| Uganda | per USD | 3,635 | 3,713 | 3,665 | 3,650 | 3,544 | ||||||||||||||||
| Zambia | per USD | 9.92 | 11.9 | 14.1 | 21.2 | 16.7 |
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