Exchange Rate in Morocco
Inflation decelerated to 8.2% in March from February’s series high of 10.1%. Inflation should continue to decline on average this year as rate hikes kick in and the base effect toughens. If the Russia-Ukraine grain deal expires on 18 May, as planned, inflation should be driven further up. Key risks include the weather and energy prices.
Morocco Exchange Rate Chart
Morocco Exchange Rate Data
|Exchange Rate (MAD per USD, eop)||9.3||9.6||9.6||8.9||9.3|