Nominal Effecive Exchange Rate in Morocco
Morocco: Nominal Effecive Exchange Rate was 122.81 in 2024. ▲ Rising
Nominal Effecive Exchange Rate in Morocco, 1994–2024
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
The most recent figure for nominal effecive exchange rate in Morocco is 122.81, measured in 2024. That is the highest value across all 31 years on record.
The figure is up 4.6% on the previous year and up 19.3% over ten years.
Over the whole period, nominal effecive exchange rate in Morocco peaked at 122.81 in 2024 and was at its lowest, 91.08, in 1994.
Morocco ranks 14th of 112 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Nominal Effecive Exchange Rate in Morocco, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 91.08 | — |
| 1995 | 93.22 | +2.3% |
| 1996 | 94.78 | +1.7% |
| 1997 | 97.05 | +2.4% |
| 1998 | 100.69 | +3.7% |
| 1999 | 103.51 | +2.8% |
| 2000 | 106.62 | +3.0% |
| 2001 | 103.88 | -2.6% |
| 2002 | 102.51 | -1.3% |
| 2003 | 102.61 | +0.1% |
| 2004 | 101.97 | -0.6% |
| 2005 | 100.71 | -1.2% |
| 2006 | 100.65 | -0.1% |
| 2007 | 100.58 | -0.1% |
| 2008 | 101.28 | +0.7% |
| 2009 | 103 | +1.7% |
| 2010 | 100 | -2.9% |
| 2011 | 100.25 | +0.2% |
| 2012 | 99.75 | -0.5% |
| 2013 | 101.8 | +2.1% |
| 2014 | 102.98 | +1.2% |
| 2015 | 102.12 | -0.8% |
| 2016 | 103.84 | +1.7% |
| 2017 | 105 | +1.1% |
| 2018 | 106.7 | +1.6% |
| 2019 | 109.82 | +2.9% |
| 2020 | 111.97 | +2.0% |
| 2021 | 115.55 | +3.2% |
| 2022 | 115.55 | -0.0% |
| 2023 | 117.36 | +1.6% |
| 2024 | 122.81 | +4.6% |
Morocco compared with similar countries
- Morocco's 122.81 is above the median for lower middle income countries, which is 71.92, 1.7× the median. (18 countries reporting)
- Morocco's 122.81 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 113.65, 1.1× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 96.72 | 91.08 | 103.51 | 6 |
| 2000s | 102.38 | 100.58 | 106.62 | 10 |
| 2010s | 103.23 | 99.75 | 109.82 | 10 |
| 2020s | 116.65 | 111.97 | 122.81 | 5 |
Countries ranked near Morocco
More reference data data for Morocco
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.34 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 4.89 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 8.9 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.4441 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 8.9 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.14 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.4159 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 21.09 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 38.3 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 2.42 (2050)
Frequently asked questions
- What is nominal effecive exchange rate in Morocco?
- Nominal effecive exchange rate in Morocco was 122.81 in 2024, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
- What is the highest nominal effecive exchange rate recorded in Morocco?
- The highest recorded value was 122.81 in 2024.
- What is the lowest nominal effecive exchange rate recorded in Morocco?
- The lowest recorded value was 91.08 in 1994.
- How does Morocco rank for nominal effecive exchange rate?
- Morocco ranks 14th out of 112 countries with data for 2024.
- Is nominal effecive exchange rate rising or falling in Morocco?
- Over the last ten years it is up 19.3%. The long-run trend across the full record is rising.
- Where does this Morocco data come from?
- The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Nominal Effecive Exchange Rate. Statizoid updates them automatically from the source API.
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About this data
A measure of the value of a currency against a weighted average of several foreign currencies