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|
|South Africa||per USD||7.26||8.21||9.66||10.9||12.8|