Morocco: USD exchange rate

* indicates monthly or quarterly data series

USD Exchange rate

 Latest value 10.082
 Reference April 2024
 Measure Moroccan Dirhams per USD
 Data availability April 2004 - April 2024
 Average 9.0098
 Min - Max 7.2845 - 10.9623
 Source Google Finance
The currency chart for Morocco shows historical data for the Moroccan Dirhams per USD exchange rate. These are monthly averages and not end-of-month currency values. An increase means depreciation against the USD as one can exchange more Moroccan Dirhams per USD. Depreciation implies that goods from Morocco become cheaper to export and it becomes cheaper for foreigners to visit Morocco.

The series for Morocco are available from April 2004 to April 2024. For that period, the average exchange rate for Morocco was 9.0098 Moroccan Dirhams per USD with a minimum of 7.2845 Moroccan Dirhams per USD in April 2008 and a maximum of 10.9623 Moroccan Dirhams per USD in October 2022. The most recent available data point is 10.082 Moroccan Dirhams per USD, a change of 0.32% from the previous data point of 10.0497 Moroccan Dirhams per USD and a change of -0.36% from a year ago when the level was 10.1182 Moroccan Dirhams per USD.

Currency values in Morocco and elsewhere have different driving forces over the short-run and the long-run. Countries may have fixed or floating exchange rate regimes or be part of monetary unions. They may experience currency crises. These and other issues are discussed in detail on our Exchange rate page.
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* indicates monthly or quarterly data series

Recent values chart
Morocco - USD exchange rate - recent values

Historical chart
Morocco - USD exchange rate - historical chart - 2004-2024
Measure: Moroccan Dirhams per USD
Source: Google Finance

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Definition: The amount of local currency units that can be exchanged for one USD. An increase (decrease) means USD appreciation (depreciation). The values are monthly averages of the daily exchange rates provided by Google Finance.

 Related indicators Latest value Reference Measure
 Inflation 6.7 2022 percent
 Exchange rate regimes 4 2021 index points
 USD exchange rate 10.2366 9/2023 Local Currency Units per USD
 Money supply (broad money) 1,430.70 9/2023 billion
 Consumer Price Index (CPI) 141.8997 9/2023 index points
 Inflation, monthly 0.80 9/2023 percent
 Inflation, annual 5.72 9/2023 percent
 Private sector credit 822.41 9/2023 billion
 Business credit 436.17 9/2023 billion
 Household credit 386.24 9/2023 billion
 Mortgage credit 301.75 9/2023 billion
 Consumer credit 84.50 9/2023 billion
 Deposit interest rate 2.49 9/2023 percent
 Policy rate 3.00 9/2023 percent
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