Madagascar — Real effective exchange rate

index, 2015 = 100 · Monthly · Jan 1964–May 2024 · 725 observations

About this series

The real effective exchange rate is a trade-weighted exchange-rate index adjusted for relative prices or costs against trading partners. This series is indexed to 2015 = 100.

The real effective exchange rate reading for Madagascar was 102 in May 2024. The previous reading was 103 in Apr 2024; the period change was −0.99%. The year-earlier reading was 98.5 in May 2023; the year-on-year change was +3.54%. Relative to the selected 10-year average of 100.3, the latest reading was above.

5010020019642015May 2024index, 2015 = 100Subscribe to view

Get the full series

  • Monthly data, 1964–2024
  • Annual data, 1964–2023
  • The underlying source, downloadable

Latest observations

May 2012–May 2024

PeriodValue
May 2024102 index, 2015 = 100
Apr 2024103 index, 2015 = 100
Mar 202499.8 index, 2015 = 100
Feb 202498.1 index, 2015 = 100
Jan 202496.6 index, 2015 = 100
15 earlier values
Dec 202396.2 index, 2015 = 100
Nov 202398.4 index, 2015 = 100
Oct 202398.8 index, 2015 = 100
Sep 202397.9 index, 2015 = 100
Aug 202396.8 index, 2015 = 100
Jul 202395.2 index, 2015 = 100
Jun 202397.4 index, 2015 = 100
May 202398.5 index, 2015 = 100
Apr 202397.5 index, 2015 = 100
Mar 2023100.7 index, 2015 = 100
Feb 202399.9 index, 2015 = 100
Jan 202396.8 index, 2015 = 100
Dec 202297.1 index, 2015 = 100
Nov 2022100.6 index, 2015 = 100
Oct 2022103.3 index, 2015 = 100

Values before Oct 2022, back to May 2012, are on the chart — hover to read them.

Data release 2026_08_27_1049, published 30 Sept 2026.