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

Somalia: Exchange rate, new LCU per USD extended backward, period average was 23,498 in 2018. ◆ Volatile

Latest (2018)
23,498
Change on year
up 1.7%
World rank
6th
of 181 countries
All-time high
31,559
in 2009
All-time low
105.18
in 1987
Years of data
32
1987–2018

Exchange rate, new LCU per USD extended backward, period average in Somalia, 1987–2018

010.0k20.0k30.0k1987200220181987: 105.21988: 170.51989: 490.71990: 1.5k1991: 3.1k1992: 4.7k1993: 6.4k1994: 8.0k1995: 9.6k1996: 11.3k1997: 12.9k1998: 14.5k1999: 16.2k2000: 17.8k2001: 19.4k2002: 21.1k2003: 22.7k2004: 24.3k2005: 26.0k2006: 27.6k2007: 29.2k2008: 30.9k2009: 31.6k2010: 31.3k2011: 30.0k2012: 22.5k2013: 19.3k2014: 20.2k2015: 22.3k2016: 23.1k2017: 23.1k2018: 23.5k

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

Analysis

Somalia recorded 23,498 for exchange rate, new lcu per usd extended backward, period average in 2018.

The figure is up 1.7% on the previous year and down 23.9% over ten years.

Over the whole period, exchange rate, new lcu per usd extended backward, period average in Somalia peaked at 31,559 in 2009 and was at its lowest, 105.18, in 1987.

That places Somalia 6th out of 181 countries with data for 2018, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 255.44 105.18 490.68 3
1990s 8,830 1,526 16,176 10
2000s 25,066 17,810 31,559 10
2010s 23,909 19,284 31,270 9

Countries ranked near Somalia

  1. 3 Iran 42,000 compare
  2. 4 Vietnam 26,169 compare
  3. 5 Sierra Leone 23,794 compare
  4. 7 Laos 20,441 compare
  5. 8 Indonesia 16,857 compare
  6. 9 Syria 12,567 compare

See the full ranking of 192 places →

More reference data data for Somalia

All data for Somalia →

Frequently asked questions

What is exchange rate, new lcu per usd extended backward, period average in Somalia?
Exchange rate, new lcu per usd extended backward, period average in Somalia was 23,498 in 2018, 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 Somalia?
The highest recorded value was 31,559 in 2009.
What is the lowest exchange rate, new lcu per usd extended backward, period average recorded in Somalia?
The lowest recorded value was 105.18 in 1987.
How does Somalia rank for exchange rate, new lcu per usd extended backward, period average?
Somalia ranks 6th out of 181 countries with data for 2018.
Is exchange rate, new lcu per usd extended backward, period average rising or falling in Somalia?
Over the last ten years it is down 23.9%. The long-run trend across the full record is volatile.
Where does this Somalia 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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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, 7,481 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