Official exchange rate in Cape Verde
Cape Verde: Official exchange rate was 84.99 LCU per US$, end period in 2011. ▲ Rising
Official exchange rate in Cape Verde, 1980–2011
Source: International Monetary Fund, International Financial Statistics. Measured in LCU per US$, end period.
Analysis
In 2011, official exchange rate in Cape Verde stood at 84.99 LCU per US$, end period.
Compared with earlier readings it is up 3.0% on the previous year and down 32.1% over ten years.
Over the whole period, official exchange rate in Cape Verde peaked at 125.12 LCU per US$, end period in 2001 and was at its lowest, 42.49 LCU per US$, end period, in 1980.
That places Cape Verde 32nd out of 51 countries with data for 2011, putting it in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Official exchange rate in Cape Verde, year by year
| Year | LCU per US$, end period | Change |
|---|---|---|
| 1980 | 42.49 LCU per US$, end period | — |
| 1981 | 50.86 LCU per US$, end period | +19.7% |
| 1982 | 63.04 LCU per US$, end period | +23.9% |
| 1983 | 79.97 LCU per US$, end period | +26.9% |
| 1984 | 93.02 LCU per US$, end period | +16.3% |
| 1985 | 85.38 LCU per US$, end period | -8.2% |
| 1986 | 76.56 LCU per US$, end period | -10.3% |
| 1987 | 65.78 LCU per US$, end period | -14.1% |
| 1988 | 73.67 LCU per US$, end period | +12.0% |
| 1989 | 73.05 LCU per US$, end period | -0.8% |
| 1990 | 66.08 LCU per US$, end period | -9.5% |
| 1991 | 66.47 LCU per US$, end period | +0.6% |
| 1992 | 73.09 LCU per US$, end period | +10.0% |
| 1993 | 85.99 LCU per US$, end period | +17.7% |
| 1994 | 81.14 LCU per US$, end period | -5.6% |
| 1995 | 77.46 LCU per US$, end period | -4.5% |
| 1996 | 85.17 LCU per US$, end period | +10.0% |
| 1997 | 96.24 LCU per US$, end period | +13.0% |
| 1998 | 98.5 LCU per US$, end period | +2.3% |
| 1999 | 103 LCU per US$, end period | +4.6% |
| 2000 | 118.51 LCU per US$, end period | +15.1% |
| 2001 | 125.12 LCU per US$, end period | +5.6% |
| 2002 | 105.15 LCU per US$, end period | -16.0% |
| 2003 | 87.31 LCU per US$, end period | -17.0% |
| 2004 | 80.96 LCU per US$, end period | -7.3% |
| 2005 | 93.47 LCU per US$, end period | +15.5% |
| 2006 | 83.73 LCU per US$, end period | -10.4% |
| 2007 | 74.91 LCU per US$, end period | -10.5% |
| 2008 | 79.23 LCU per US$, end period | +5.8% |
| 2009 | 76.54 LCU per US$, end period | -3.4% |
| 2010 | 82.53 LCU per US$, end period | +7.8% |
| 2011 | 84.99 LCU per US$, end period | +3.0% |
Cape Verde compared with similar countries
- Cape Verde's 84.99 LCU per US$, end period is above the median for upper middle income countries, which is 73.72 LCU per US$, end period, 1.2× the median. (7 countries reporting)
- Cape Verde's 84.99 LCU per US$, end period is below the median for Sub-Saharan Africa, which is 494.28 LCU per US$, end period, 17% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 70.38 LCU per US$, end period | 42.49 LCU per US$, end period | 93.02 LCU per US$, end period | 10 |
| 1990s | 83.31 LCU per US$, end period | 66.08 LCU per US$, end period | 103 LCU per US$, end period | 10 |
| 2000s | 92.49 LCU per US$, end period | 74.91 LCU per US$, end period | 125.12 LCU per US$, end period | 10 |
| 2010s | 83.76 LCU per US$, end period | 82.53 LCU per US$, end period | 84.99 LCU per US$, end period | 2 |
Countries ranked near Cape Verde
More reference data data for Cape Verde
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0737 (2050)
- Emission Totals - Direct emissions (N2O) - Manure applied to Soils 0.1042 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Enteric Fermentation 74.21 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Crop Residues 1.45 (2050)
- Emission Totals - Direct emissions (N2O) - Manure left on Pasture 0.0967 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Burning - Crop residues 3.34 (2050)
- Emission Totals - Direct emissions (N2O) - Agricultural Soils 0.2054 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Agricultural Soils 73.95 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure applied 39.35 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure Management 53.16 (2050)
Frequently asked questions
- What is official exchange rate in Cape Verde?
- Official exchange rate in Cape Verde was 84.99 LCU per US$, end period in 2011, according to International Monetary Fund, International Financial Statistics.
- What is the highest official exchange rate recorded in Cape Verde?
- The highest recorded value was 125.12 LCU per US$, end period in 2001.
- What is the lowest official exchange rate recorded in Cape Verde?
- The lowest recorded value was 42.49 LCU per US$, end period in 1980.
- How does Cape Verde rank for official exchange rate?
- Cape Verde ranks 32nd out of 51 countries with data for 2011.
- Is official exchange rate rising or falling in Cape Verde?
- Over the last ten years it is down 32.1%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from International Monetary Fund, International Financial Statistics, published as part of Official exchange rate (LCU per US$, end period). Statizoid updates them automatically from the source API.
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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. This series shows the end period value of local currency units relative to the U.S. dollar.