Average FX rate to USD rose 3.69% yoy to 4,683 per USD in Madagascar in 1Q2025, according to the National Statistical Office. This is 1.02% more than in the previous quarter.
Historically, Average FX rate to USD in Madagascar reached an all time high of 4,683 per USD in 1Q2025 and an all time low of 35.0 per USD in 3Q1957. When compared to Madagascar's main peers, Average FX rate to USD in Mozambique amounted to 63.9 per USD, 18.5 per USD in South Africa, 18.5 per USD in Swaziland and 2,542 per USD in Tanzania in 1Q2025.
Madagascar has been ranked 6th within the group of 148 countries we follow in terms of Average FX rate to USD, 4 places above the position seen 10 years ago.
| FX Rate to USD (Average) | Unit | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
| Botswana | per USD | 13.6 | 13.7 | 13.7 | 13.4 | 13.5 | ||||||||||||||||
| Kenya | per USD | 152 | 150 | 131 | 129 | 129 | ... | |||||||||||||||
| Lesotho | per USD | 18.8 | 18.9 | 18.6 | 18.0 | 17.9 | ||||||||||||||||
| Madagascar | per USD | 4,520 | 4,516 | 4,420 | 4,530 | 4,636 | ... | |||||||||||||||
| Malawi | per USD | 1,478 | 1,704 | 1,749 | 1,750 | ... | ... | ... | ||||||||||||||
| Mozambique | per USD | 63.9 | 63.9 | 63.9 | 63.9 | 63.9 | ... | |||||||||||||||
| Namibia | per USD | 18.8 | 18.9 | 18.6 | 18.0 | 17.9 | ||||||||||||||||
| South Africa | per USD | 18.8 | 18.9 | 18.6 | 18.0 | 17.9 | ||||||||||||||||
| Swaziland | per USD | 18.8 | 18.9 | 18.6 | 18.0 | 17.8 | ||||||||||||||||
| Tanzania | per USD | 2,492 | 2,527 | 2,590 | 2,671 | 2,604 | ... | |||||||||||||||
| Uganda | per USD | 3,773 | 3,858 | 3,787 | 3,714 | 3,670 | ||||||||||||||||
| Zambia | per USD | 23.1 | 25.5 | 25.9 | 26.0 | 27.2 | ... |
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