FX Rate to USD (Average) rose 3.21% to 3,408 per USD in Madagascar in September 2018

FX Rate to USD (Average) (per USD)
Economy | Madagascar | November 01, 2018
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Average FX rate to USD reached 3,408 per USD in September 2018 in Madagascar, according to the National Statistical Office. This is 3.21 % more than in the previous month.

Historically, Average FX rate to USD in Madagascar reached an all time high of 3,408 per USD in September 2018 and an all time low of 35.0 per USD in September 1957. When compared to Madagascar's main peers, Average FX rate to USD in South Africa amounted to 14.8 per USD and 14.8 per USD in Swaziland in September 2018.

Madagascar has been ranked 6th within the group of 118 countries we follow in terms of Average FX rate to USD, 5 places above the position seen 10 years ago.

Foreign exchange rate against the US dollar calculated as a daily average for a year.

FX Rate to USD (Average) Unit 2010 2011 2012 2013 2014 2015 2016 2017
Botswana per USD 6.84 6.84 8.40 8.98 10.1
Kenya per USD 88.8 84.5 86.1 87.9 98.2
Lesotho per USD 7.26 8.21 9.66 10.9 12.8
Madagascar per USD 2,025 2,195 2,207 2,415 2,934
Malawi per USD 157 249 364 425 500
Mozambique per USD 29.1 28.4 30.1 31.4 40.0
Namibia per USD 7.26 8.21 9.66 10.9 12.9
South Africa per USD 7.26 8.21 9.66 10.9 12.8
Swaziland per USD 7.26 8.21 9.66 10.9 12.8
Tanzania per USD 1,557 1,572 1,598 1,653 1,991
Uganda per USD 2,523 2,505 2,587 2,600 3,241
Zambia per USD 4.86 5.15 5.40 6.15 8.63