List of countries by exchange rate regime

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

Table of Monetary Policy framework

No legal tender of their own

US dollar as legal tender

•  British Virgin Islands
•  Caribbean Netherlands
•  Ecuador
•  El Salvador
•  Marshall Islands
•  Micronesia
•  Palau
•  Timor-Leste
•  Turks and Caicos Islands

Euro as legal tender

•  Andorra
•  Kosovo
•  Monaco
•  Montenegro
•  San Marino
•  Vatican City

Australian dollar as legal tender

•  Kiribati
•  Nauru
•  Tuvalu

Swiss franc as legal tender

•  Liechtenstein

Currency board

US dollar as exchange rate anchor

•  Antigua and Barbuda (XCD)
•  Djibouti (DJF)
•  Dominica (XCD)
•  Grenada (XCD)
•  Hong Kong (HKD)
•  Saint Kitts and Nevis (XCD)
•  Saint Lucia (XCD)
•  Saint Vincent and the Grenadines (XCD)

Euro as exchange rate anchor

•  Bosnia and Herzegovina (BAM)
•  Bulgaria (BGN)
•  French Polynesia (XPF)

Singapore dollar as exchange rate anchor

•  Brunei (BND)

Hong Kong dollar as exchange rate anchor

•  Macau (MOP)

Conventional peg

US dollar as exchange rate anchor

•  Aruba (AWG)
•  Azerbaijan (AZN)
•  The Bahamas (BSD)
•  Bahrain (BHD)
•  Barbados (BBD)
•  Belize (BZD)
•  Bermuda (BMD)
•  Curaçao (ANG)
•  Eritrea (ERN)
•  Jordan (JOD)
•  Oman (OMR)
•  Panama (PAB)
•  Qatar (QAR)
•  Saudi Arabia (SAR)
•  Sint Maarten (ANG)
•  South Sudan (SSP)
•  Turkmenistan (TMT)
•  United Arab Emirates (AED)

Euro as exchange rate anchor

•  Benin (XOF)
•  Burkina Faso (XOF)
•  Cabo Verde (CVE)
•  Cameroon (XAF)
•  Central African Republic (XAF)
•  Chad (XAF)
•  Comoros (KMF)
•  Côte d'Ivoire (XOF)
•  Denmark (DKK)
•  Equatorial Guinea (XAF)
•  Gabon (XAF)
•  Guinea-Bissau (XOF)
•  Mali (XOF)
•  Niger (XOF)
•  Republic of Congo (XAF)
•  São Tomé and Príncipe (STD)
•  Senegal (XOF)
•  Togo (XOF)

Rand as exchange rate anchor

•  Eswatini (SZL)
•  Lesotho (LSL)
•  Namibia (NAD)

Composite exchange rate anchor

•  Fiji (FJD)
•  Kuwait (KWD)
•  Libya (LYD)
•  Morocco (MAD)
•  Samoa (WST)

Indian Rupee as exchange rate anchor

•  Bhutan (BTN)
•    Nepal (NPR)

Other

•  Solomon Islands (SBD)

Stabilized arrangement

US dollar as exchange rate anchor

•  Guyana (GYD)
•  Iraq (IQD)
•  Kazakhstan (KZT)
•  Lebanon (LBP)
•  Maldives (MVR)
•  Suriname (SRD)
•  Trinidad and Tobago (TTD)

Euro as exchange rate anchor

•  North Macedonia (MKD)

Composite exchange rate anchor

•  Singapore (SGD)
•  Vietnam (VND)
• Mehr euro

Monetary aggregate target

•  Bangladesh (BDT)
•  Burundi (BIF)
•  Democratic Republic of the Congo (CDF)
•  Guinea (GNF)
•  Sri Lanka (LKR)
•  Tajikistan (TJS)
•  Yemen (YER)

Other

•  Angola (AOA)
•  Azerbaijan (AZN)
•  Bolivia (BOB)

Crawling peg

US dollar as exchange rate anchor

•  Nicaragua (NIO)

Composite exchange rate anchor

•  Botswana (BWP)

Crawl-like arrangement

US dollar as exchange rate anchor

•  Honduras (HNL)
•  Jamaica (JMD)
•  Papua New Guinea (PGK)

Monetary aggregate target

•  China (CNY)
•  Ethiopia (ETB)
•  Uzbekistan (UZS)

Inflation-targeting framework

•  Armenia (AMD)
•  Dominican Republic (DOP)
•  Guatemala (GTQ)

Other

•  Belarus (BYR)
•  Haiti (HTG)
•  Laos (LAK)
•   Switzerland (CHF)
•  Tunisia (TND)
•  Argentina (ARS)

Pegged exchange rate within horizontal bands

Composite exchange rate anchor

•  Tonga (TOP)

Other managed arrangement

US dollar as exchange rate anchor

•  Cambodia (KHR)
•  Liberia (LRD)

Composite exchange rate anchor

•  Algeria (DZD)
•  Iran (IRR)
•  Syria (SYP)

Monetary aggregate target

•  The Gambia (GMD)
•  Myanmar (MMK)
•  Nigeria (NGN)
•  Rwanda (RWF)

Inflation-targeting framework

•  Czech Republic (CZK)

Other

•  Costa Rica (CRC)
•  Kyrgyzstan (KGS)
•  Malaysia (MYR)
•  Mauritania (MRO)
•  Pakistan (PKR)
•  Sudan (SDG)
•  Vanuatu (VUV)
•  Venezuela (VED)

Floating

Monetary aggregate target

•  Afghanistan (AFN)
•  Kenya (KES)
•  Madagascar (MGA)
•  Malawi (MWK)
•  Mozambique (MZN)
•  Seychelles (SCR)
•  Sierra Leone (SLL)
•  Tanzania (TZS)
•  Ukraine (UAH)
•  Uruguay (UYU)

Inflation-targeting framework

•  Albania (ALL)
•  Brazil (BRL)
•  Colombia (COP)
•  Georgia (GEL)
•  Ghana (GHS)
•  Hungary (HUF)
•  Iceland (ISK)
•  Indonesia (IDR)
•  Israel (ILS)
•  South Korea (KRW)
•  Moldova (MDL)
•  New Zealand (NZD)
•  Paraguay (PYG)
•  Peru (PEN)
•  Philippines (PHP)
•  Romania (RON)
•  Serbia (RSD)
•  South Africa (ZAR)
•  Thailand (THB)
•  Turkey (TRY)
•  Uganda (UGX)

Other

•  Pakistan (PKR)
•  Mauritius (MUR)
•  Mongolia (MNT)
•  Zambia (ZMW)

Free floating

Inflation-targeting framework

•  Australia (AUD)
•  Canada (CAD)
•  Chile (CLP)
•  Japan (JPY)
•  Mexico (MXN)
•  Norway (NOK)
•  Poland (PLN)
•  Sweden (SEK)
•  United Kingdom (GBP)
•  India (INR)

Other

•  European Union (EUR)

• •  Austria
  •  Belgium
  •  Croatia
  •  Cyprus
  •  Estonia
  •  Finland
  •  France
  •  Germany
  •  Greece
  •  Ireland
  •  Italy
  •  Latvia
  •  Lithuania
  •  Luxembourg
  •  Malta
  •  Netherlands
  •  Portugal
  •  Slovakia
  •  Slovenia
  •  Spain

•  Egypt (EGP)
•  Russia (RUB)
•  Somalia (SOS)
•  United States (USD)

See also

• Reserve currency
• Managed float regime

References

1. Floating exchange rate
2. List of circulating currencies
3. Fixed exchange rate system
4. Managed float regime
5. Lists of sovereign states and dependent territories
6. Exchange rate
7. Foreign exchange reserves
8. List of currencies
9. List of countries by tax rates
10. Foreign exchange market
11. List of countries by minimum wage
12. Monetary policy
13. Foreign exchange controls
14. Tax rates in Europe
15. Currency substitution
16. Mundell–Fleming model
17. European Exchange Rate Mechanism
18. Capital flight
19. Open market operation
20. Debt of developing countries