Exchange Rate in Maldives
The exchange rate ended 2022 at MVR 15.67 per USD, identical to the end-2021 value of MVR 15.67 per USD, but slightly higher than the figure a decade earlier of MVR 15.33 per USD. For more exchange rate information, visit our dedicated page.
Maldives Exchange Rate Chart
Note: This chart displays Exchange Rate (vs USD) for Maldives from 2023 to 2018.
Source: Macrobond.
Maldives Exchange Rate Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Exchange Rate (MVR per USD, eop) | 15.45 | 15.54 | 15.67 | 15.67 | 15.40 |
| Exchange Rate (LCU per USD, aop) | 15.58 | 15.57 | 15.65 | 15.63 | 15.42 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Maldivian exchange rate projections for the next ten years from a panel of 3 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable exchange rate forecast available for Maldivian exchange rate.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Maldivian exchange rate projections.
Want to get access to the full dataset of Maldivian exchange rate forecasts? Send an email to info@focus-economics.com.