Tanzania: Exchange rate regimes
* indicates monthly or quarterly data series
Tanzania |
Exchange rate regimes |
---|---|
Latest value | 6 |
Year | 2022 |
Measure | index points |
Data availability | 2008 - 2022 |
Average | 6 |
Min - Max | 5 - 7 |
Source | International Monetary Fund |
The latest value from 2022 is 6 index points, unchanged from 6 index points in 2021. In comparison, the world average is 5 index points, based on data from 186 countries. Historically, the average for Tanzania from 2008 to 2022 is 6 index points. The minimum value, 5 index points, was reached in 2018 while the maximum of 7 index points was recorded in 2008.
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Definition: The data are from the IMF Annual Reports on Exchange Arrangements and Exchange Restrictions. A higher value of the index indicates more exchange rate flexibility: 1 = the country has no independent legal tender; 2 = currency board; 3 = conventional peg; 4 = target zone; 5 = crawling peg; 6 = other managed exchange rate regimes; 7 = floating regime. The IMF categorization does not include currency unions. Instead, it assigns to the member country the regime of the union it is a part of. For example, all EMU members are assigned a floating exchange rate regime. The data begin with the latest change of the IMF categorization in 2008.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Inflation | 3.8 | 2023 | percent |
Exchange rate regimes | 6 | 2022 | index points |
USD exchange rate | 2,724.1547 | 10/2024 | Local Currency Units per USD |
Money supply (broad money) | 35,266.00 | 6/2024 | billion |
Consumer Price Index (CPI) | 115.8800 | 9/2024 | index points |
Inflation, monthly | 0.09 | 9/2024 | percent |
Inflation, annual | 3.14 | 9/2024 | percent |
Private sector credit | 34,980.80 | 6/2024 | billion |
Business credit | 18,052.04 | Q3/2023 | billion |
Household credit | 12,550.66 | Q3/2023 | billion |
Deposit interest rate | 9.09 | 6/2024 | percent |