Real Effective Exchange Rate in Morocco
Morocco: Real Effective Exchange Rate was 98.03 in 2024. ▼ Falling
Real Effective 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 real effective exchange rate in Morocco is 98.03, measured in 2024.
Compared with earlier readings it is up 0.5% on the previous year and up 1.4% over ten years.
Over the whole period, real effective exchange rate in Morocco peaked at 113 in 2000 and was at its lowest, 94.96, in 2012.
Morocco ranks 64th of 107 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Real Effective Exchange Rate in Morocco, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 102.33 | — |
| 1995 | 105.96 | +3.5% |
| 1996 | 106.25 | +0.3% |
| 1997 | 105.83 | -0.4% |
| 1998 | 109.56 | +3.5% |
| 1999 | 110.65 | +1.0% |
| 2000 | 113 | +2.1% |
| 2001 | 108.65 | -3.8% |
| 2002 | 108.09 | -0.5% |
| 2003 | 107.44 | -0.6% |
| 2004 | 106.17 | -1.2% |
| 2005 | 103.38 | -2.6% |
| 2006 | 103.97 | +0.6% |
| 2007 | 102.8 | -1.1% |
| 2008 | 102.92 | +0.1% |
| 2009 | 104.56 | +1.6% |
| 2010 | 100.02 | -4.3% |
| 2011 | 97.24 | -2.8% |
| 2012 | 94.96 | -2.3% |
| 2013 | 96.32 | +1.4% |
| 2014 | 96.72 | +0.4% |
| 2015 | 96.37 | -0.4% |
| 2016 | 98.34 | +2.0% |
| 2017 | 97.99 | -0.4% |
| 2018 | 99.09 | +1.1% |
| 2019 | 99.88 | +0.8% |
| 2020 | 100.33 | +0.5% |
| 2021 | 100.68 | +0.3% |
| 2022 | 97.24 | -3.4% |
| 2023 | 97.52 | +0.3% |
| 2024 | 98.03 | +0.5% |
Morocco compared with similar countries
- Morocco's 98.03 is above the median for lower middle income countries, which is 97.6, 1.0× the median. (17 countries reporting)
- Morocco's 98.03 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 98.03, 1.0× the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 106.76 | 102.33 | 110.65 | 6 |
| 2000s | 106.1 | 102.8 | 113 | 10 |
| 2010s | 97.69 | 94.96 | 100.02 | 10 |
| 2020s | 98.76 | 97.24 | 100.68 | 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 real effective exchange rate in Morocco?
- Real effective exchange rate in Morocco was 98.03 in 2024, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
- What is the highest real effective exchange rate recorded in Morocco?
- The highest recorded value was 113 in 2000.
- What is the lowest real effective exchange rate recorded in Morocco?
- The lowest recorded value was 94.96 in 2012.
- How does Morocco rank for real effective exchange rate?
- Morocco ranks 64th out of 107 countries with data for 2024.
- Is real effective exchange rate rising or falling in Morocco?
- Over the last ten years it is up 1.4%. The long-run trend across the full record is falling.
- 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 Real Effective Exchange Rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.