Exchange rate, new LCU per USD extended backward, period average in Maldives

Maldives: Exchange rate, new LCU per USD extended backward, period average was 15.35 in 2026. ▲ Rising

Latest (2026)
15.35
Change on year
up 0.1%
World rank
100th
of 182 countries
All-time high
15.49
in 2018
All-time low
8.75
in 1988
Years of data
40
1987–2026

Exchange rate, new LCU per USD extended backward, period average in Maldives, 1987–2026

0510151987200620261987: 9.21988: 8.71989: 91990: 9.51991: 10.21992: 10.51993: 10.91994: 11.51995: 11.71996: 11.71997: 11.71998: 11.81999: 11.42000: 11.72001: 11.72002: 11.92003: 12.72004: 12.82005: 12.82006: 12.82007: 12.82008: 12.82009: 12.82010: 12.82011: 14.52012: 15.42013: 15.42014: 15.42015: 15.32016: 15.42017: 15.42018: 15.52019: 15.42020: 15.42021: 15.42022: 15.42023: 15.32024: 15.32025: 15.32026: 15.4

Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.

Analysis

The most recent figure for exchange rate, new lcu per usd extended backward, period average in Maldives is 15.35, measured in 2026.

The figure is up 0.1% on the previous year and up 0.0% over ten years.

Over the whole period, exchange rate, new lcu per usd extended backward, period average in Maldives peaked at 15.49 in 2018 and was at its lowest, 8.75, in 1988.

That places Maldives 100th out of 182 countries with data for 2026, putting it in the middle of the range.

The long-run direction has been consistently rising across the 40 years of available data.

Exchange rate, new LCU per USD extended backward, period average in Maldives, year by year

Annual values for Exchange rate, new LCU per USD extended backward, period average in Maldives, 1987 to 2026.
Year Value Change
1987 9.18 —
1988 8.75 -4.8%
1989 9 +2.9%
1990 9.51 +5.7%
1991 10.21 +7.3%
1992 10.52 +3.1%
1993 10.91 +3.7%
1994 11.54 +5.7%
1995 11.72 +1.6%
1996 11.72 +0.0%
1997 11.73 +0.1%
1998 11.77 +0.3%
1999 11.42 -2.9%
2000 11.7 +2.4%
2001 11.74 +0.3%
2002 11.94 +1.7%
2003 12.69 +6.2%
2004 12.8 +0.9%
2005 12.81 +0.1%
2006 12.8 -0.1%
2007 12.8 +0.0%
2008 12.8 +0.0%
2009 12.8 +0.0%
2010 12.8 +0.0%
2011 14.46 +12.9%
2012 15.37 +6.3%
2013 15.37 -0.0%
2014 15.37 +0.0%
2015 15.27 -0.6%
2016 15.35 +0.5%
2017 15.4 +0.3%
2018 15.49 +0.5%
2019 15.43 -0.4%
2020 15.38 -0.3%
2021 15.36 -0.2%
2022 15.36 -0.0%
2023 15.34 -0.1%
2024 15.33 -0.0%
2025 15.33 +0.0%
2026 15.35 +0.1%

Maldives compared with similar countries

  • Maldives's 15.35 is below the median for upper middle income countries, which is 17.42, 88% of the median. (53 countries reporting)
  • Maldives's 15.35 is below the median for South Asia, which is 108.25, 14% of the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 8.98 8.75 9.18 3
1990s 11.11 9.51 11.77 10
2000s 12.49 11.7 12.81 10
2010s 15.03 12.8 15.49 10
2020s 15.35 15.33 15.38 7

Countries ranked near Maldives

  1. 97 Lesotho 16.39 compare
  2. 98 Eswatini 16.39 compare
  3. 99 South Africa 16.39 compare
  4. 101 Eritrea 15.07 compare
  5. 102 Seychelles 14.24 compare
  6. 103 Botswana 13.99 compare

See the full ranking of 192 places →

More reference data data for Maldives

All data for Maldives →

Frequently asked questions

What is exchange rate, new lcu per usd extended backward, period average in Maldives?
Exchange rate, new lcu per usd extended backward, period average in Maldives was 15.35 in 2026, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest exchange rate, new lcu per usd extended backward, period average recorded in Maldives?
The highest recorded value was 15.49 in 2018.
What is the lowest exchange rate, new lcu per usd extended backward, period average recorded in Maldives?
The lowest recorded value was 8.75 in 1988.
How does Maldives rank for exchange rate, new lcu per usd extended backward, period average?
Maldives ranks 100th out of 182 countries with data for 2026.
Is exchange rate, new lcu per usd extended backward, period average rising or falling in Maldives?
Over the last ten years it is up 0.0%. The long-run trend across the full record is rising.
Where does this Maldives data come from?
The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Exchange rate, new LCU per USD extended backward, period average. Statizoid updates them automatically from the source API.

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Exchange rate, new LCU per USD extended backward, period average in Maldives. Statizoid, drawing on World Bank staff calculations based on Datastream and IMF International Finance Statistics data. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/exchange-rate-new-lcu-per-usd-extended-backward-period-average/maldives/

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About this data

Indicator
Exchange rate, new LCU per USD extended backward, period average
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 7,488 data points, 1987–2026
Last refreshed

Local currency units (LCU) per U.S. dollar, with values prior to the currency's introduction presented in the new currency's terms