Real Effective Exchange Rate in Morocco

Morocco: Real Effective Exchange Rate was 98.03 in 2024. ▼ Falling

Latest (2024)
98.03
Change on year
up 0.5%
World rank
64th
of 107 countries
All-time high
113
in 2000
All-time low
94.96
in 2012
Years of data
31
1994–2024

Real Effective Exchange Rate in Morocco, 1994–2024

02550751001251994200920241994: 102.31995: 1061996: 106.21997: 105.81998: 109.61999: 110.72000: 1132001: 108.72002: 108.12003: 107.42004: 106.22005: 103.42006: 1042007: 102.82008: 102.92009: 104.62010: 1002011: 97.22012: 952013: 96.32014: 96.72015: 96.42016: 98.32017: 982018: 99.12019: 99.92020: 100.32021: 100.72022: 97.22023: 97.52024: 98

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 61 Netherlands 99.4 compare
  2. 62 Finland 98.64 compare
  3. 63 Georgia 98.19 compare
  4. 65 Cameroon 97.92 compare
  5. 66 Portugal 97.8 compare
  6. 67 Cote d'Ivoire 97.6 compare

See the full ranking of 117 places →

More reference data data for Morocco

All data for Morocco →

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.

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About this data

Indicator
Real Effective Exchange Rate
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
117 places, 2,839 data points, 1994–2024
Last refreshed

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.