Exchange Rate in Morocco

Morocco Exchange Rate | Economic News & Forecasts

Morocco - Exchange Rate

In Q2, the country saw steep growth, amid across-the-board improvements in private and public consumption and fixed capital investment, while exports grew more sharply than imports. Looking at GDP by industry, a bumper harvest after 2020’s drought supported agricultural output, while manufacturing output was also up notably. Nonetheless, the buoyant Q2 readings were driven largely by a base effect. Underlying activity likely remained burdened by Covid-19 restrictions which, although loosened in May, remained tough through the quarter. Turning to Q3, Covid-19 cases increased sharply in July and restrictions were tightened in August, though the accelerating vaccination program sounds a positive note going forward. On 8 September polls open for elections to parliament. The country’s election rules make a strong majority government unlikely, meaning a likely continuation of the status quo.

Morocco - Exchange Rate Data

2015   2016   2017   2018   2019  
Exchange Rate (vs USD)9.92  10.12  9.35  9.57  9.56  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Morocco Exchange Rate Chart


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

Morocco Facts

Value Change Date
Bond Yield3.020.0 %Dec 31
Exchange Rate9.56-0.29 %Dec 31

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form