Markets inside one country disagree

In some countries every exchange agrees on the price of a dollar. In others, two exchanges sit several percent apart, so the price depends on where you look.

From our own hourly checks, not exchange history. Our own checks run to 2 Nov 2026.

What the numbers say

In 19 of 50 countries, the two exchanges furthest apart usually sit within 0.5% of each other.

In 15 countries, two exchanges usually sit 3% or more apart. The furthest apart are India, Tunisia, Nepal, Bangladesh, Sri Lanka, Qatar, Turkey, Zambia.

The countries furthest apart

How we worked it out

Every hour we line up each exchange's price for a dollar in the country. For each pair of exchanges we take how far apart they usually sat over the last 30 days. A pair needs at least 24 hours in common to count.

For each country the list shows the pair that sat furthest apart.

Two exchanges can differ because one is harder to use, not because one is wrong. A big gap is a question, not a verdict.