One United States dollar was worth over 15,000 Indonesian rupiah in March 2024, the highest value in a comparison of over 50 different currencies worldwide. All countries and territories shown here are based on the Big Mac Index - a measurement of how much a single Big Mac is worth across different areas in the world. This exchange rate comparison reveals a strong position of the dollar in Asia and Latin America. Note, though, that several of the top currencies shown here do not rank among the most traded. The quarterly U.S. dollar exchange rate against the 10 biggest forex currencies only contains the Korean won and the Japanese yen.

The DXY decreased 0.1629 or 0.16% to 104.3841 on Thursday March 27 from 104.5470 in the previous trading session. United States Dollar - values, historical data, forecasts and news - updated on March of 2025.

Graph and download economic data for Venezuelan Bolivares to U.S. Dollar Spot Exchange Rate (DEXVZUS) from 1995-01-02 to 2025-03-21 about Venezuela, exchange rate, currency, rate, and USA.

The global foreign exchange market size was valued at USD 861 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 1,535 Billion by 2033, exhibiting a CAGR of 6.64% from 2025-2033. North America currently dominates the market, holding a significant share of 25.8% in 2024. The dominance is attributed to the rising integration of modern technology in trading platforms, the globalization of businesses resulting in the consequent need for currency exchange services, and the growing influence of various economic factors such as inflation, interest rates, and GDP growth.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 861 Billion
Market Forecast in 2033	USD 1,535 Billion
Market Growth Rate 2025-2033	6.64%

IMARC Group provides an analysis of the key trends in each segment of the global foreign exchange market, along with forecast at the global, regional, and country levels from 2025-2033. The market has been categorized based on counterparty and type.

Up until 2020, one U.S. dollar could buy an increasing amount of Brazilian reals but this trend changed after 2021. As of March 26, 2025, one U.S. dollar was worth approximately 5.70 Brazilian real. Between March 2 and May 28 of 2020, the Brazilian real lost approximately 16 percent of its value in comparison to the U.S. dollar, due to the economic and financial recession originated by the COVID-19 pandemic.

The EURUSD decreased 0.0005 or 0.04% to 1.0787 on Wednesday March 26 from 1.0791 in the previous trading session. Euro US Dollar Exchange Rate - EUR/USD - values, historical data, forecasts and news - updated on March of 2025.

A graphic that displays the dollar performance against other currencies reveals that economic developments had mixed results on currency exchanges. The third quarter of 2023 marked a period of disinflation in the euro area, while China's projected growth was projected to go up. The United States economy was said to have a relatively strong performance in Q3 2023, although growing capital market interest rate and the resumption of student loan repayments might dampen this growth at the end of 2023. A relatively weak Japanese yen Q3 2023 saw pressure from investors towards Japanese authorities on how they would respond to the situation surrounding the Japanese yen. The USD/JPY rate was close to 150, whereas analysts suspected it should be around 90 given the country's purchase power parity. The main reason for this disparity is said to be the differences in central bank interest rates between the United States, the euro area, and Japan. Any future aggressive changes from, especially the U.S. Fed might lower those differences. Financial markets responded somewhat disappoint when Japan did not announce major plans to tackle the situation. Potential rent decreases in 2024 Central bank rates peak in 2023, although it is expected that some of these will decline in early 2024. That said, analysts expect overall policies will remain restrictive. For example, the Bank of England's interest rate remained unchanged at 5.25 percent in Q3 2023. It is believed the United Kingdom's central bank will ease its interest rate in 2024 but less than either the U.S. Fed or the European Central Bank. This should be a positive development for the pound compared to either the euro or the dollar.

Graph and download economic data for Nominal Broad U.S. Dollar Index (DTWEXBGS) from 2006-01-02 to 2025-03-21 about trade-weighted, broad, exchange rate, currency, goods, services, rate, indexes, and USA.

Long term historical dataset of the daily U.S. Dollar - Chinese Yuan (USDCNY) exchange rate back to 1981.

Graph and download economic data for Mexican Pesos to U.S. Dollar Spot Exchange Rate (DEXMXUS) from 1993-11-08 to 2025-03-21 about Mexico, exchange rate, currency, rate, and USA.

Graph and download economic data for Real Broad Effective Exchange Rate for United States (RBUSBIS) from Jan 1994 to Feb 2025 about broad, exchange rate, currency, real, rate, indexes, and USA.

The currency chart for South Africa shows historical data for the South African Rands per USD exchange rate. These are monthly averages and not end-of-month currency values. An increase means depreciation against the USD as one can exchange more South African Rands per USD. Depreciation implies that...

Long term historical dataset of the broad price-adjusted U.S. dollar index published by the Federal Reserve. The index is adjusted for the aggregated home inflation rates of all included currencies. The price adjustment is especially important with our Asian and South American trading partners due to their significant inflation episodes of the 80s and 90s.

Key information about Argentina Real Effective Exchange Rate

• Argentina Real Effective Exchange Rate (REER: 2005=100: Month Avg: Argentina) was 49.3 in Jan 2025, compared with the number of 49.4 in the previous month.
• Argentina Real Effective Exchange Rate data is updated monthly and averaged 123.1 from Jan 1997 to Jan 2025.
• The data reached an all-time high of 123.1 in Jun 2002 and a record low of 41.1 in Oct 2001.

CEIC generates Real Effective Exchange Rate Index with base 2005=100. The Central Bank of Argentina provides Real Effective Exchange Rate Index with base 17 December 2015=100. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy.


Related information about Argentina Real Effective Exchange Rate

• In the latest reports, Argentina Short Term Interest Rate: Month End: Argentina: Up to 15 Days Interbank Call Rate (BAIBAR) was reported at 31.8 % pa in Jul 2021.
• The cash rate (Interest Rate: Financial Institution Deposit: 30 Days) was set at 28.7 % in Jan 2025.
• Argentina Exchange Rate against USD averaged 254.0 (USD/ARS) in Jun 2023.

Long term historical dataset of the daily U.S. Dollar - Japanese Yen (USDJPY) exchange rate back to 1971.

Graph and download economic data for Canadian Dollars to U.S. Dollar Spot Exchange Rate (DEXCAUS) from 1971-01-04 to 2025-03-21 about Canada, exchange rate, currency, rate, and USA.

Graph and download economic data for South African Rand to U.S. Dollar Spot Exchange Rate (DEXSFUS) from 1980-01-02 to 2025-03-21 about South Africa, exchange rate, currency, rate, and USA.

India Foreign Exchange Rate: RBI: Reference Rate: US Dollars data was reported at 85.730 USD/INR in 25 Mar 2025. This records a decrease from the previous number of 85.832 USD/INR for 24 Mar 2025. India Foreign Exchange Rate: RBI: Reference Rate: US Dollars data is updated daily, averaging 67.032 USD/INR from Apr 1995 (Median) to 25 Mar 2025, with 7240 observations. The data reached an all-time high of 87.586 USD/INR in 10 Feb 2025 and a record low of 43.949 USD/INR in 27 Jul 2011. India Foreign Exchange Rate: RBI: Reference Rate: US Dollars data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under High Frequency Database’s Foreign Exchange Rates – Table IN.MC001: Foreign Exchange Rate: Reserve Bank of India. [COVID-19-IMPACT]

Belgium Branches of Foreign Banks: Liabilities in FC: OR: Revaluation Surpluses data was reported at 0.000 EUR mn in Jan 2025. This stayed constant from the previous number of 0.000 EUR mn for Dec 2024. Belgium Branches of Foreign Banks: Liabilities in FC: OR: Revaluation Surpluses data is updated monthly, averaging 0.000 EUR mn from Oct 1992 (Median) to Jan 2025, with 388 observations. The data reached an all-time high of 0.000 EUR mn in Jan 2025 and a record low of 0.000 EUR mn in Jan 2025. Belgium Branches of Foreign Banks: Liabilities in FC: OR: Revaluation Surpluses data remains active status in CEIC and is reported by National Bank of Belgium. The data is categorized under Global Database’s Belgium – Table BE.KB024: Balance Sheet: Branches of Foreign Banks: Foreign Currency.

Key information about Pakistan Real Effective Exchange Rate

• Pakistan Real Effective Exchange Rate (REER: 2010=100: Month Avg: Pakistan) was 103.7 in Dec 2024, compared with the number of 103.0 in the previous month.
• Pakistan Real Effective Exchange Rate data is updated monthly and averaged 123.7 from Jan 2013 to Dec 2024.
• The data reached an all-time high of 123.7 in Apr 2017 and a record low of 85.6 in Apr 2023.

The State Bank of Pakistan provides Real Effective Exchange Rate Index with base 2010=100. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy. Weights are calculated by the IMF on the basis of 2016-18 trade patterns in the global economy. Due to lack of historical data, the indicator cannot be recalculated with base 2005=100.


Related information about Pakistan Real Effective Exchange Rate

• In the latest reports, Pakistan Short Term Interest Rate: Month End: Pakistan: Interbank Rate: Karachi Average: 3 Months was reported at 22.9 % pa in Jun 2023.
• The cash rate (State Bank of Pakistan: Reverse Repo Rate) was set at 13.0 % pa in Jan 2025.
• Pakistan Exchange Rate against USD averaged 286.6 (USD/PKR) in Jun 2023.