Exchange Rate in Morocco

Morocco Exchange Rate | Economic News & Forecasts

Morocco - Exchange Rate

Growth decelerated marginally in the first quarter, due largely to a downturn in agriculture following an exceptional harvest last year. On the positive side, investment rebounded from Q4’s slight dip, private consumption remained robust and government spending accelerated. Turning to Q2, solid dynamics in industrial activities should have supported momentum although the agricultural sector will likely have detracted from growth again. Notably, strong phosphate demand should have buttressed the mining and chemical sectors, while activity in the energy, construction and environmental sectors also appear to have been robust. On 19 June, Morocco secured USD 237 million to fund a highway project as well as the expansion of a hydroelectric dam.

Morocco - Exchange Rate Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD)8.16  9.06  9.92  10.12  9.35  

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Morocco Exchange Rate Chart

Morocco Exchange Rate
Note: Moroccan dirham (MAD) per U.S. dollar
Source: Thomson Reuters.

Morocco Facts

Bond Yield3.380.0 %Jun 30
Exchange Rate9.57-0.29 %Jul 11
Stock Market11,272-0.23 %Jul 11

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