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*)

  Hard pegs (*no separate legal tender*, *currency board*)

  Residual (*other managed arrangement*)

Table of Monetary Policy framework

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)	Monetary aggregate target (26)	Inflation Targeting framework (45)	Others (42)
No separate legal tender (14 + 3)	Ecuador El Salvador Marshall Islands Micronesia Palau Panama (PAB) Timor-Leste	Andorra Kosovo Monaco^[2] Montenegro San Marino Vatican City^[2]		Kiribati Liechtenstein^[3] Nauru Tuvalu
Currency board (12)	Djibouti (DJF) Hong Kong (HKD) ECCU Antigua and Barbuda (XCD) Dominica (XCD) Grenada (XCD) Saint Kitts and Nevis (XCD) Saint Lucia (XCD) Saint Vincent and the Grenadines (XCD)	Bosnia and Herzegovina (BAM) Bulgaria (BGN)^[a]		Brunei (BND) Macau (MOP)
Conventional peg (40 + 3)	Aruba (AWG) The Bahamas (BSD) Bahrain (BHD) Barbados (BBD) Belize (BZD) Curaçao & Sint Maarten (XCG) Eritrea (ERN) Iraq (IQD) Jordan (JOD) Oman (OMR) Qatar (QAR) Saudi Arabia (SAR) Turkmenistan (TMT) United Arab Emirates (AED)	Cabo Verde (CVE) Comoros (KMF) Denmark (DKK) São Tomé and Príncipe (STD) WAEMU Benin (XOF) Burkina Faso (XOF) Côte d'Ivoire (XOF) Guinea-Bissau (XOF) Mali (XOF) Niger (XOF) Senegal (XOF) Togo (XOF) CEMAC Cameroon (XAF) Central African Republic (XAF) Chad (XAF) Equatorial Guinea (XAF) Gabon (XAF) Republic of Congo (XAF) CFP franc zone French Polynesia (XPF)^[4] New Caledonia (XPF)^[4] Wallis and Futuna (XPF)^[4]	Fiji (FJD) Libya (LYD)	Bhutan (BTN) Eswatini (SZL) Lesotho (LSL) Namibia (NAD) Nepal (NPR)	Samoa (SAT)
Stabilized arrangement (22)	Guyana (GYD) Honduras (HNL) Lebanon (LBP) Maldives (MVR) Trinidad and Tobago (TTD) Ukraine (UAH)	North Macedonia (MKD)	Vietnam (VND)		Bolivia (BOB) Guinea (GNF) Myanmar (MMK) Papua New Guinea (PGK) Tajikistan (TJS) Tanzania (TZS)	Armenia (AMD) Guatemala (GTQ) Romania (RON) Serbia (RSD)	Azerbaijan (AZN) Malawi (MWK) Mozambique (MZN) Sudan (SDG)
Crawling peg (3)	Nicaragua (NIO)		Botswana (BWP)				Argentina (ARS)
Crawl-like arrangement (24)	Cambodia (KHR)		Singapore (SGD)		Afghanistan (AFN) Algeria (DZD) Burundi (BIF) Democratic Republic of the Congo (CDF) Ethiopia (ETB) The Gambia (GMD) Nigeria (NGN) Rwanda (RWF)	Jamaica (JMD) Kenya (KES) Mongolia (MNT) Sri Lanka (LKR) Turkey (TRY) Uzbekistan (UZS)	Egypt (EGP) Kyrgyzstan (KGS) Mauritania (MRO) Tunisia (TND) Zambia (ZMW)
Pegged exchange rate within horizontal bands (1)			Morocco (MAD)
Other managed arrangement (12)	Iran (IRR)		Kuwait (KWD) Syria (SYP)		Angola (AOA) Bangladesh (BDT) China (CNY) Sierra Leone (SLL) Zimbabwe (ZWL)	Dominican Republic (DOP) Ghana (GHS)	Haiti (HTG) Laos (LAK) Pakistan (PKR) Solomon Islands (SBD) South Sudan (SSP) Tonga (TOP) Vanuatu (VUV) Venezuela (VED)
Floating (32)					Belarus (BYR) Liberia (LRD) Madagascar (MGA) Seychelles (SCR) Suriname (SRD) Yemen (YER)	Albania (ALL) Brazil (BRL) Chile (CLP) Colombia (COP) Costa Rica (CRC) Czech Republic (CZK) Georgia (GEL) Hungary (HUF) Iceland (ISK) India (INR) Indonesia (IDR) Israel (ILS) Kazakhstan (KZT) Mauritius (MUR) Moldova (MDL) New Zealand (NZD) Paraguay (PYG) Peru (PEN) Philippines (PHP) South Africa (ZAR) South Korea (KRW) Thailand (THB) Uganda (UGX) Uruguay (UYU)	Malaysia (MYR) Switzerland (CHF)
Free floating (33)						Australia (AUD) Canada (CAD) Japan (JPY) Mexico (MXN) Norway (NOK) Poland (PLN) Russia (RUB) Sweden (SEK) United Kingdom (GBP)	European Union (EUR)^[b] Austria Belgium Croatia Cyprus Estonia Finland France Germany Greece Ireland Italy Latvia Lithuania Luxembourg Malta Netherlands Portugal Slovakia Slovenia Spain Somalia (SOS) United States (USD)