Real effective exchange rate index in Morocco

Morocco: Real effective exchange rate index was 102.75 2010 = 100 in 2025. ▼ Falling

Latest (2025)
102.75 2010 = 100
Change on year
up 1.7%
World rank
51st
of 95 countries
All-time high
114.85 2010 = 100
in 2000
All-time low
95.38 2010 = 100
in 2012
Years of data
38
1988–2025

Real effective exchange rate index in Morocco, 1988–2025

02550751001251988200620251988: 102.6 2010 = 1001989: 103.3 2010 = 1001990: 98.4 2010 = 1001991: 99.4 2010 = 1001992: 99.9 2010 = 1001993: 102.7 2010 = 1001994: 105.9 2010 = 1001995: 109.4 2010 = 1001996: 109.7 2010 = 1001997: 109.3 2010 = 1001998: 112.3 2010 = 1001999: 112.3 2010 = 1002000: 114.9 2010 = 1002001: 110.2 2010 = 1002002: 109.7 2010 = 1002003: 108.9 2010 = 1002004: 107 2010 = 1002005: 104 2010 = 1002006: 104.5 2010 = 1002007: 103.6 2010 = 1002008: 103.3 2010 = 1002009: 104.8 2010 = 1002010: 100 2010 = 1002011: 97.5 2010 = 1002012: 95.4 2010 = 1002013: 97 2010 = 1002014: 97.1 2010 = 1002015: 96.8 2010 = 1002016: 99 2010 = 1002017: 98.6 2010 = 1002018: 99.4 2010 = 1002019: 100.2 2010 = 1002020: 101.6 2010 = 1002021: 103.2 2010 = 1002022: 99.9 2010 = 1002023: 100.7 2010 = 1002024: 101.1 2010 = 1002025: 102.8 2010 = 100

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in 2010 = 100.

Analysis

Morocco recorded 102.75 2010 = 100 for real effective exchange rate index in 2025.

That represents a change of up 1.7% on the previous year and up 6.1% over ten years.

Over the whole period, real effective exchange rate index in Morocco peaked at 114.85 2010 = 100 in 2000 and was at its lowest, 95.38 2010 = 100, in 2012.

That places Morocco 51st out of 95 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently falling across the 38 years of available data.

Real effective exchange rate index in Morocco, year by year

Annual values for Real effective exchange rate index (2010 = 100) in Morocco, 1988 to 2025.
Year 2010 = 100 Change
1988 102.64 2010 = 100
1989 103.35 2010 = 100 +0.7%
1990 98.38 2010 = 100 -4.8%
1991 99.37 2010 = 100 +1.0%
1992 99.88 2010 = 100 +0.5%
1993 102.67 2010 = 100 +2.8%
1994 105.94 2010 = 100 +3.2%
1995 109.38 2010 = 100 +3.2%
1996 109.72 2010 = 100 +0.3%
1997 109.34 2010 = 100 -0.3%
1998 112.26 2010 = 100 +2.7%
1999 112.26 2010 = 100 -0.0%
2000 114.85 2010 = 100 +2.3%
2001 110.21 2010 = 100 -4.0%
2002 109.71 2010 = 100 -0.5%
2003 108.89 2010 = 100 -0.8%
2004 106.99 2010 = 100 -1.7%
2005 104.05 2010 = 100 -2.7%
2006 104.53 2010 = 100 +0.5%
2007 103.61 2010 = 100 -0.9%
2008 103.35 2010 = 100 -0.3%
2009 104.82 2010 = 100 +1.4%
2010 100 2010 = 100 -4.6%
2011 97.5 2010 = 100 -2.5%
2012 95.38 2010 = 100 -2.2%
2013 97.01 2010 = 100 +1.7%
2014 97.08 2010 = 100 +0.1%
2015 96.84 2010 = 100 -0.3%
2016 98.98 2010 = 100 +2.2%
2017 98.65 2010 = 100 -0.3%
2018 99.43 2010 = 100 +0.8%
2019 100.21 2010 = 100 +0.8%
2020 101.58 2010 = 100 +1.4%
2021 103.17 2010 = 100 +1.6%
2022 99.87 2010 = 100 -3.2%
2023 100.75 2010 = 100 +0.9%
2024 101.08 2010 = 100 +0.3%
2025 102.75 2010 = 100 +1.7%

Morocco compared with similar countries

  • Morocco's 102.75 2010 = 100 is above the median for lower middle income countries, which is 101.84 2010 = 100, 1.0× the median. (15 countries reporting)
  • Morocco's 102.75 2010 = 100 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 102.75 2010 = 100, 1.0× the median. (9 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 102.99 2010 = 100 102.64 2010 = 100 103.35 2010 = 100 2
1990s 105.92 2010 = 100 98.38 2010 = 100 112.26 2010 = 100 10
2000s 107.1 2010 = 100 103.35 2010 = 100 114.85 2010 = 100 10
2010s 98.11 2010 = 100 95.38 2010 = 100 100.21 2010 = 100 10
2020s 101.53 2010 = 100 99.87 2010 = 100 103.17 2010 = 100 6

Countries ranked near Morocco

  1. 48 Saint Vincent and the Grenadines 103.78 2010 = 100 compare
  2. 49 Malawi 103.17 2010 = 100 compare
  3. 50 Gabon 103.16 2010 = 100 compare
  4. 52 Gambia 102.08 2010 = 100 compare
  5. 53 Pakistan 101.84 2010 = 100 compare
  6. 54 Bahrain 101.19 2010 = 100 compare

See the full ranking of 95 places →

More financial sector data for Morocco

All data for Morocco →

Frequently asked questions

What is real effective exchange rate index in Morocco?
Real effective exchange rate index in Morocco was 102.75 2010 = 100 in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest real effective exchange rate index recorded in Morocco?
The highest recorded value was 114.85 2010 = 100 in 2000.
What is the lowest real effective exchange rate index recorded in Morocco?
The lowest recorded value was 95.38 2010 = 100 in 2012.
How does Morocco rank for real effective exchange rate index?
Morocco ranks 51st out of 95 countries with data for 2025.
Is real effective exchange rate index rising or falling in Morocco?
Over the last ten years it is up 6.1%. The long-run trend across the full record is falling.
Where does this Morocco data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Real effective exchange rate index (2010 = 100). Statizoid updates them automatically from the source API.

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Real effective exchange rate index in Morocco. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 23 September 2026, from https://financial-sector.statizoid.com/stat/real-effective-exchange-rate-index-2010-100/morocco/

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About this data

Indicator
Real effective exchange rate index (2010 = 100)
Unit
2010 = 100
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
95 places, 4,150 data points, 1979–2025
Last refreshed

Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs. This indicator is an index series where 2010=100.