Official exchange rate in Morocco
Morocco: Official exchange rate was 9.35 LCU per US$, period average in 2025. ▲ Rising
Latest (2025)
9.35 LCU per US$, period average
Change on year
down 6.0%
World rank
111th
of 215 countries
All-time high
11.3 LCU per US$, period average
in 2001
All-time low
3.9 LCU per US$, period average
in 1979
Years of data
66
1960–2025
Official exchange rate in Morocco, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$, period average.
Analysis
Morocco recorded 9.35 LCU per US$, period average for official exchange rate in 2025.
The figure is down 6.0% on the previous year and down 4.2% over ten years.
Over the whole period, official exchange rate in Morocco peaked at 11.3 LCU per US$, period average in 2001 and was at its lowest, 3.9 LCU per US$, period average, in 1979.
That places Morocco 111th out of 215 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Official exchange rate in Morocco, year by year
| Year | LCU per US$, period average | Change |
|---|---|---|
| 1960 | 5.06 LCU per US$, period average | — |
| 1961 | 5.06 LCU per US$, period average | +0.0% |
| 1962 | 5.06 LCU per US$, period average | +0.0% |
| 1963 | 5.06 LCU per US$, period average | +0.0% |
| 1964 | 5.06 LCU per US$, period average | +0.0% |
| 1965 | 5.06 LCU per US$, period average | +0.0% |
| 1966 | 5.06 LCU per US$, period average | +0.0% |
| 1967 | 5.06 LCU per US$, period average | +0.0% |
| 1968 | 5.06 LCU per US$, period average | +0.0% |
| 1969 | 5.06 LCU per US$, period average | +0.0% |
| 1970 | 5.06 LCU per US$, period average | +0.0% |
| 1971 | 5.05 LCU per US$, period average | -0.2% |
| 1972 | 4.59 LCU per US$, period average | -9.1% |
| 1973 | 4.11 LCU per US$, period average | -10.6% |
| 1974 | 4.37 LCU per US$, period average | +6.4% |
| 1975 | 4.05 LCU per US$, period average | -7.3% |
| 1976 | 4.42 LCU per US$, period average | +9.1% |
| 1977 | 4.5 LCU per US$, period average | +1.9% |
| 1978 | 4.17 LCU per US$, period average | -7.5% |
| 1979 | 3.9 LCU per US$, period average | -6.4% |
| 1980 | 3.94 LCU per US$, period average | +1.0% |
| 1981 | 5.17 LCU per US$, period average | +31.4% |
| 1982 | 6.02 LCU per US$, period average | +16.4% |
| 1983 | 7.11 LCU per US$, period average | +18.1% |
| 1984 | 8.81 LCU per US$, period average | +23.9% |
| 1985 | 10.06 LCU per US$, period average | +14.2% |
| 1986 | 9.1 LCU per US$, period average | -9.5% |
| 1987 | 8.36 LCU per US$, period average | -8.2% |
| 1988 | 8.21 LCU per US$, period average | -1.8% |
| 1989 | 8.49 LCU per US$, period average | +3.4% |
| 1990 | 8.24 LCU per US$, period average | -2.9% |
| 1991 | 8.71 LCU per US$, period average | +5.6% |
| 1992 | 8.54 LCU per US$, period average | -1.9% |
| 1993 | 9.3 LCU per US$, period average | +8.9% |
| 1994 | 9.2 LCU per US$, period average | -1.0% |
| 1995 | 8.54 LCU per US$, period average | -7.2% |
| 1996 | 8.72 LCU per US$, period average | +2.1% |
| 1997 | 9.53 LCU per US$, period average | +9.3% |
| 1998 | 9.6 LCU per US$, period average | +0.8% |
| 1999 | 9.8 LCU per US$, period average | +2.1% |
| 2000 | 10.63 LCU per US$, period average | +8.4% |
| 2001 | 11.3 LCU per US$, period average | +6.4% |
| 2002 | 11.02 LCU per US$, period average | -2.5% |
| 2003 | 9.57 LCU per US$, period average | -13.1% |
| 2004 | 8.87 LCU per US$, period average | -7.4% |
| 2005 | 8.87 LCU per US$, period average | -0.0% |
| 2006 | 8.8 LCU per US$, period average | -0.8% |
| 2007 | 8.19 LCU per US$, period average | -6.9% |
| 2008 | 7.75 LCU per US$, period average | -5.4% |
| 2009 | 8.06 LCU per US$, period average | +4.0% |
| 2010 | 8.42 LCU per US$, period average | +4.5% |
| 2011 | 8.09 LCU per US$, period average | -3.9% |
| 2012 | 8.63 LCU per US$, period average | +6.7% |
| 2013 | 8.41 LCU per US$, period average | -2.6% |
| 2014 | 8.41 LCU per US$, period average | +0.0% |
| 2015 | 9.76 LCU per US$, period average | +16.2% |
| 2016 | 9.81 LCU per US$, period average | +0.4% |
| 2017 | 9.69 LCU per US$, period average | -1.2% |
| 2018 | 9.39 LCU per US$, period average | -3.2% |
| 2019 | 9.62 LCU per US$, period average | +2.5% |
| 2020 | 9.5 LCU per US$, period average | -1.3% |
| 2021 | 8.99 LCU per US$, period average | -5.4% |
| 2022 | 10.16 LCU per US$, period average | +13.0% |
| 2023 | 10.13 LCU per US$, period average | -0.3% |
| 2024 | 9.94 LCU per US$, period average | -1.9% |
| 2025 | 9.35 LCU per US$, period average | -6.0% |
Morocco compared with similar countries
- Morocco's 9.35 LCU per US$, period average is below the median for lower middle income countries, which is 103.16 LCU per US$, period average, 9% of the median. (46 countries reporting)
- Morocco's 9.35 LCU per US$, period average is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 7.33 LCU per US$, period average, 1.3× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Official exchange rate in Morocco changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1981 | +31.4% | 3.94 LCU per US$, period average | 5.17 LCU per US$, period average |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.06 LCU per US$, period average | 5.06 LCU per US$, period average | 5.06 LCU per US$, period average | 10 |
| 1970s | 4.42 LCU per US$, period average | 3.9 LCU per US$, period average | 5.06 LCU per US$, period average | 10 |
| 1980s | 7.53 LCU per US$, period average | 3.94 LCU per US$, period average | 10.06 LCU per US$, period average | 10 |
| 1990s | 9.02 LCU per US$, period average | 8.24 LCU per US$, period average | 9.8 LCU per US$, period average | 10 |
| 2000s | 9.31 LCU per US$, period average | 7.75 LCU per US$, period average | 11.3 LCU per US$, period average | 10 |
| 2010s | 9.02 LCU per US$, period average | 8.09 LCU per US$, period average | 9.81 LCU per US$, period average | 10 |
| 2020s | 9.68 LCU per US$, period average | 8.99 LCU per US$, period average | 10.16 LCU per US$, period average | 6 |
Countries ranked near Morocco
- 108 Tajikistan 10.02 LCU per US$, period average compare
- 109 Venezuela 9.97 LCU per US$, period average compare
- 110 Sweden 9.82 LCU per US$, period average compare
- 112 Solomon Islands 8.33 LCU per US$, period average compare
- 113 Macao 8.03 LCU per US$, period average compare
- 114 Hong Kong 7.8 LCU per US$, period average compare
More financial sector data for Morocco
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 5.35 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 3.91 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 5.35 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is official exchange rate in Morocco?
- Official exchange rate in Morocco was 9.35 LCU per US$, period average in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest official exchange rate recorded in Morocco?
- The highest recorded value was 11.3 LCU per US$, period average in 2001.
- What is the lowest official exchange rate recorded in Morocco?
- The lowest recorded value was 3.9 LCU per US$, period average in 1979.
- How does Morocco rank for official exchange rate?
- Morocco ranks 111th out of 215 countries with data for 2025.
- Is official exchange rate rising or falling in Morocco?
- Over the last ten years it is down 4.2%. The long-run trend across the full record is rising.
- Where does this Morocco data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Official exchange rate (LCU per US$, period average). Statizoid updates them automatically from the source API.
Download this data
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About this data
Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. This indicator represents the ratio of Local Currency Units relative to United States dollars.This indicator is derived as an average over the reference period.