Official exchange rate in Eritrea

Eritrea: Official exchange rate was 15.38 LCU per US$, end period in 2009. ▲ Rising

Latest (2009)
15.38 LCU per US$, end period
Change on year
unchanged
World rank
39th
of 51 countries
All-time high
15.38 LCU per US$, end period
in 2005
All-time low
5 LCU per US$, end period
in 1992
Years of data
18
1992–2009

Official exchange rate in Eritrea, 1992–2009

57.51012.5151992200020091992: 5 LCU per US$, end period1993: 5.9 LCU per US$, end period1994: 6.2 LCU per US$, end period1995: 6.3 LCU per US$, end period1996: 6.4 LCU per US$, end period1997: 7.1 LCU per US$, end period1998: 7.6 LCU per US$, end period1999: 9.6 LCU per US$, end period2000: 10.2 LCU per US$, end period2001: 13.8 LCU per US$, end period2002: 14.1 LCU per US$, end period2003: 13.8 LCU per US$, end period2004: 13.8 LCU per US$, end period2005: 15.4 LCU per US$, end period2006: 15.4 LCU per US$, end period2007: 15.4 LCU per US$, end period2008: 15.4 LCU per US$, end period2009: 15.4 LCU per US$, end period

Source: International Monetary Fund, International Financial Statistics. Measured in LCU per US$, end period.

Analysis

In 2009, official exchange rate in Eritrea stood at 15.38 LCU per US$, end period. That is the highest value across all 18 years on record.

That represents a change of up 60.2% over ten years.

Over the whole period, official exchange rate in Eritrea peaked at 15.38 LCU per US$, end period in 2005 and was at its lowest, 5 LCU per US$, end period, in 1992.

That places Eritrea 39th out of 51 countries with data for 2009, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 18 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 6.76 LCU per US$, end period 5 LCU per US$, end period 9.6 LCU per US$, end period 8
2000s 14.26 LCU per US$, end period 10.2 LCU per US$, end period 15.38 LCU per US$, end period 10

Countries ranked near Eritrea

  1. 36 Mauritius 29.33 LCU per US$, end period compare
  2. 37 Mozambique 27.31 LCU per US$, end period compare
  3. 38 Ethiopia 17.21 LCU per US$, end period compare
  4. 40 Seychelles 13.72 LCU per US$, end period compare
  5. 41 Morocco 8.25 LCU per US$, end period compare
  6. 42 Lesotho 8.14 LCU per US$, end period compare
  7. 42 Namibia 8.14 LCU per US$, end period compare
  8. 42 South Africa 8.14 LCU per US$, end period compare
  9. 42 Eswatini 8.14 LCU per US$, end period compare

See the full ranking of 51 places →

More reference data data for Eritrea

All data for Eritrea →

Frequently asked questions

What is official exchange rate in Eritrea?
Official exchange rate in Eritrea was 15.38 LCU per US$, end period in 2009, according to International Monetary Fund, International Financial Statistics.
What is the highest official exchange rate recorded in Eritrea?
The highest recorded value was 15.38 LCU per US$, end period in 2005.
What is the lowest official exchange rate recorded in Eritrea?
The lowest recorded value was 5 LCU per US$, end period in 1992.
How does Eritrea rank for official exchange rate?
Eritrea ranks 39th out of 51 countries with data for 2009.
Is official exchange rate rising or falling in Eritrea?
Over the last ten years it is up 60.2%. The long-run trend across the full record is rising.
Where does this Eritrea data come from?
The figures come from International Monetary Fund, International Financial Statistics, published as part of Official exchange rate (LCU per US$, end period). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Official exchange rate (LCU per US$, end period)
Unit
LCU per US$, end period
Source
International Monetary Fund, International Financial Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
51 places, 2,451 data points, 1960–2011
Last refreshed

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.