Exchange rate, old LCU per USD extended forward, period average in Somalia
Somalia: Exchange rate, old LCU per USD extended forward, period average was 23,498 in 2018. ◆ Volatile
Exchange rate, old LCU per USD extended forward, period average in Somalia, 1987–2018
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
Somalia recorded 23,498 for exchange rate, old lcu per usd extended forward, period average in 2018.
Compared with earlier readings it is up 1.7% on the previous year and down 23.9% over ten years.
Over the whole period, exchange rate, old lcu per usd extended forward, period average in Somalia peaked at 31,559 in 2009 and was at its lowest, 105.18, in 1987.
Somalia ranks 6th of 182 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Exchange rate, old LCU per USD extended forward, period average in Somalia, year by year
| Year | Value | Change |
|---|---|---|
| 1987 | 105.18 | — |
| 1988 | 170.45 | +62.1% |
| 1989 | 490.68 | +187.9% |
| 1990 | 1,526 | +211.0% |
| 1991 | 3,106 | +103.6% |
| 1992 | 4,740 | +52.6% |
| 1993 | 6,374 | +34.5% |
| 1994 | 8,007 | +25.6% |
| 1995 | 9,641 | +20.4% |
| 1996 | 11,275 | +16.9% |
| 1997 | 12,909 | +14.5% |
| 1998 | 14,542 | +12.7% |
| 1999 | 16,176 | +11.2% |
| 2000 | 17,810 | +10.1% |
| 2001 | 19,444 | +9.2% |
| 2002 | 21,078 | +8.4% |
| 2003 | 22,711 | +7.8% |
| 2004 | 24,345 | +7.2% |
| 2005 | 25,979 | +6.7% |
| 2006 | 27,612 | +6.3% |
| 2007 | 29,246 | +5.9% |
| 2008 | 30,880 | +5.6% |
| 2009 | 31,559 | +2.2% |
| 2010 | 31,270 | -0.9% |
| 2011 | 29,967 | -4.2% |
| 2012 | 22,516 | -24.9% |
| 2013 | 19,284 | -14.4% |
| 2014 | 20,231 | +4.9% |
| 2015 | 22,254 | +10.0% |
| 2016 | 23,062 | +3.6% |
| 2017 | 23,098 | +0.2% |
| 2018 | 23,498 | +1.7% |
Somalia compared with similar countries
- Somalia's 23,498 is above the median for low income countries, which is 563.92, 41.7× the median. (23 countries reporting)
- Somalia's 23,498 is above the median for Sub-Saharan Africa, which is 563.92, 41.7× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Exchange rate, old LCU per USD extended forward, period average in Somalia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | +211.0% | 490.68 | 1,526 |
| 1989 | +187.9% | 170.45 | 490.68 |
| 1991 | +103.6% | 1,526 | 3,106 |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Somalia
- Emission Totals - Emissions (CO2eq) (AR5) - Crop Residues 71.14 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.8842 (2050)
- Emission Totals - Emissions (N2O) - Agricultural Soils 42.94 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - IPCC Agriculture 40,976 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Enteric Fermentation 28,272 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 11,478 (2050)
- Emission Totals - Direct emissions (N2O) - Agricultural Soils 32.23 (2050)
- Emission Totals - Direct emissions (N2O) - Manure applied to Soils 0.6205 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Agricultural Soils 11,378 (2050)
- Emission Totals - Emissions (CH4) - Manure Management 42.62 (2050)
Frequently asked questions
- What is exchange rate, old lcu per usd extended forward, period average in Somalia?
- Exchange rate, old lcu per usd extended forward, 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, old lcu per usd extended forward, period average recorded in Somalia?
- The highest recorded value was 31,559 in 2009.
- What is the lowest exchange rate, old lcu per usd extended forward, period average recorded in Somalia?
- The lowest recorded value was 105.18 in 1987.
- How does Somalia rank for exchange rate, old lcu per usd extended forward, period average?
- Somalia ranks 6th out of 182 countries with data for 2018.
- Is exchange rate, old lcu per usd extended forward, 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, old LCU per USD extended forward, period average. Statizoid updates them automatically from the source API.
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About this data
Local currency units (LCU) per U.S. dollar, with values after a new currency's introduction presented in the old currency's terms