List of countries by exchange rate regime

This is a list of countries and territories by their exchange rate regime.

De facto exchange-rate arrangements in 2023 as classified by the International Monetary Fund.
  Floating (floating and free floating)
  Soft pegs (conventional peg, stabilized arrangement, crawling peg, crawl-like arrangement, pegged exchange rate within horizontal bands)
  Residual (other managed arrangement)

Table of Monetary Policy framework

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De Facto Classification of Exchange Rate Arrangements and Monetary Policy Frameworks (2023) [1]
Exchange rate arrangement (Number of countries and territories) Exchange rate anchor Monetary aggregate target (26) Inflation Targeting framework (45) Others (42)
US Dollar (38) Euro (25 + 5) Composite (8) Other (10 + 1)
No separate legal tender (14 + 3)
Currency board (12)

ECCU

Conventional peg (40 + 3)

WAEMU

CEMAC

CFP franc zone

Samoa (SAT)

Stabilized arrangement (22)

North Macedonia (MKD)

Vietnam (VND)

Crawling peg (3)

Nicaragua (NIO)

Botswana (BWP)

Argentina (ARS)

Crawl-like arrangement (24)

Cambodia (KHR)

Singapore (SGD)

Pegged exchange rate within horizontal bands (1)

Morocco (MAD)

Other managed arrangement (12)

Iran (IRR)

Floating (32)
Free floating (33)
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Currency board

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US dollar as exchange rate anchor

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Euro as exchange rate anchor

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Singapore dollar as exchange rate anchor

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Hong Kong dollar as exchange rate anchor

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Conventional peg

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US dollar as exchange rate anchor

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Euro as exchange rate anchor

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Composite exchange rate anchor

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Rand as exchange rate anchor

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Indian Rupee as exchange rate anchor

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Monetary aggregate target

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Stabilized arrangement

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US dollar as exchange rate anchor

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Euro as exchange rate anchor

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Composite exchange rate anchor

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Monetary aggregate target

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Inflation-targeting framework

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Other

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Crawling peg

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US dollar as exchange rate anchor

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Composite exchange rate anchor

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Other

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Crawl-like arrangement

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US dollar as exchange rate anchor

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Composite exchange rate anchor

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Monetary aggregate target

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Inflation-targeting framework

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Other

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Pegged exchange rate within horizontal bands

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Composite exchange rate anchor

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Other managed arrangement

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US dollar as exchange rate anchor

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Composite exchange rate anchor

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Monetary aggregate target

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Inflation-targeting framework

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Other

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Floating

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Monetary aggregate target

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Inflation-targeting framework

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Other

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Free floating

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Inflation-targeting framework

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Other

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See also

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References

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  1. ^ "Annual report on exchange arrangements and exchange restrictions, 2023" (PDF). www.elibrary.imf.org. International Monetary Fund, 2024. p. 13. Retrieved 11 August 2025.
  2. ^ a b The euro outside the euro area
  3. ^ a b c "4. Exchange Rates | The Treasury". www.treasury.gov.au. Archived from the original on 2012-04-20.
  4. ^ "FMA - Finanzmarktaufsicht Liechtenstein: Switzerland". Archived from the original on 2015-07-02. Retrieved 2015-07-02.
  5. ^ a b c The euro in global foreign exchange reserves and exchange rate anchoring