Panama vs Singapore: Official exchange rate, LCU per USD, period average
Panama
1
in 2026
Singapore
1.28
in 2026
Panama rank
175th
Singapore rank
173rd
Official exchange rate, LCU per USD, period average over time
- Panama
- Singapore
How they compare
Singapore currently reports 1.28 against 1 in Panama, a difference of 0.28.
That makes Singapore's figure about 1.3 times Panama's.
Across all 40 years both countries report, Singapore has been ahead every year.
Panama ranks 175th and Singapore ranks 173rd of 193 countries.
Singapore has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Panama | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 1 | 2.02 | 1.02 | Singapore |
| 1990s | 1 | 1.6 | 0.5993 | Singapore |
| 2000s | 1 | 1.64 | 0.6369 | Singapore |
| 2010s | 1 | 1.32 | 0.3238 | Singapore |
| 2020s | 1 | 1.34 | 0.3377 | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, lcu per usd, period average, Panama or Singapore?
- Singapore, at 1.28 against 1 in Panama as of 2026.
- What is the difference in official exchange rate, lcu per usd, period average between Panama and Singapore?
- 0.28, with Singapore ahead.
- How many years of comparable data are there for Panama and Singapore?
- 40 years are reported by both, from 1987 to 2026.
- How do Panama and Singapore rank globally for official exchange rate, lcu per usd, period average?
- Panama ranks 175th and Singapore ranks 173rd of 193 countries.
- Where does this data come from?
- World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as Official exchange rate, LCU per USD, period average. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).