Mali Currency

The Mali Currency decreased to 475.19 in April from 475.94 in March of 2014. Mali Currency averaged 493.90 from 2009 until 2014, reaching an all time high of 542.79 in July of 2012 and a record low of 436.52 in November of 2009. The USDXOF spot exchange rate specifies how much one currency is currently worth in terms of the other. While the USDXOF spot exchange rate is quoted and exchanged in the same day, the USDXOF forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Mali Currency - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
475.19 475.94 542.79 436.52 474.76 | 2014/05 2009 - 2014 Daily

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Mali Currency
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Markets Last Previous Highest Lowest Forecast Unit
Currency 475.19 2014-04-21 475.94 542.79 436.52 474.76 2014-05-31 [+]
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Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Mali Inflation Rate at 0.70 Percent  
The inflation rate in Mali was recorded at 0.70 percent in March of 2014. Inflation Rate in Mali is reported by the Institut National de la Statistique, Mali.
Mali Industrial Production at 3.10 Percent  
Industrial Production in Mali increased 3.10 percent in the fourth quarter of 2013 over the same quarter in the previous year. Industrial Production in Mali is reported by the Institut National de la Statistique, Mali.
Mali Current Account at -391.00 USD Million  
Mali recorded a Current Account deficit of 391 USD Million in 2012. Current Account in Mali is reported by the World Bank.
Mali Current Account to GDP at -3.80 Percent  
Mali recorded a Current Account deficit of 3.80 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Mali is reported by the Central Bank of West African States (BCEAO).
Mali Sales Tax Rate | VAT at 18.00 Percent  
The Sales Tax Rate in Mali stands at 18 percent. Sales Tax Rate in Mali is reported by the Ministry of Economy and Finance.
Mali Balance of Trade at -197.50 CFA Franc Billion  
Mali recorded a trade deficit of 197.50 CFA Franc Billion in the second quarter of 2013. Balance of Trade in Mali is reported by the Institut National de la Statistique, Mali.
Mali Interest Rate at 3.50 Percent  
The benchmark interest rate in Mali was last recorded at 3.50 percent. Interest Rate in Mali is reported by the Central Bank of West African States (BCEAO).
Mali Government Budget at -6.40 Percent of GDP  
Mali recorded a Government Budget deficit equal to 6.40 percent of the country's Gross Domestic Product in 2012. Government Budget in Mali is reported by the Central Bank of West African States (BCEAO).
Mali Imports at 512.15 CFA Franc Billion  
Imports in Mali increased to 512.15 CFA Franc Billion in the second quarter of 2013 from 440.53 CFA Franc Billion in the first quarter of 2013. Imports in Mali is reported by the Institut National de la Statistique, Mali.
Mali Exports at 314.65 CFA Franc Billion  
Exports in Mali increased to 314.65 CFA Franc Billion in the second quarter of 2013 from 276.75 CFA Franc Billion in the first quarter of 2013. Exports in Mali is reported by the Institut National de la Statistique, Mali.
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LATEST NEWS

US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
Australia Inflation Rate Accelerates Further in Q1  
Australian annual consumer prices advanced 2.9 percent in the first three months of 2014, up from 2.7 percent in the previous quarter, but below market forecasts. The rise was driven by seasonal increases in cost of healthcare, transport and school fees, and by a large hike in tobacco duties.
Mexico Unemployment Rate Up to 4.8% in March  
Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from 4.65 percent in February and 4.51 percent a year earlier. Upon seasonal adjustment, the unemployment rate rose to its highest in more than one year to 5.25 percent.
Hong Kong Unemployment Rate Unchanged in March  
Hong Kong’ seasonally adjusted jobless rate remained steady at 3.1 percent for the third consecutive period in January to March of 2014, down from 3.5 percent a year earlier.
Hong Kong Inflation Rate Unchanged in March  
Hong Kong annual consumer prices rose 3.9 percent in March of 2014, the same rate recorded in February. In the first quarter of 2014, the inflation rate rose by 4.2 percent over a year earlier. The corresponding increase after netting out the effects of all Government's one-off relief measures was 3.8 percent.
China Cuts Reserve Ratio for Rural Banks  
The People's Bank of China decided to cut the reserve requirement ratio by 2 percentage points for rural commercial banks and by 0.5 percentage point for rural credit cooperatives, aiming to stimulate growth in some parts of the country. The cut will be effective from April 25th, 2014.
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