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Official exchange rate in Ethiopia

Ethiopia: Official exchange rate was 17.21 LCU per US$, end period in 2011. ◆ Volatile

Latest (2011)
17.21 LCU per US$, end period
Change on year
up 4.0%
World rank
38th
of 51 countries
All-time high
17.21 LCU per US$, end period
in 2011
All-time low
2.07 LCU per US$, end period
in 1973
Years of data
52
1960–2011

Official exchange rate in Ethiopia, 1960–2011

051015196019852011

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

Analysis

Ethiopia recorded 17.21 LCU per US$, end period for official exchange rate in 2011. That is the highest value across all 52 years on record.

Compared with earlier readings it is up 4.0% on the previous year and up 101.1% over ten years.

Over the whole period, official exchange rate in Ethiopia peaked at 17.21 LCU per US$, end period in 2011 and was at its lowest, 2.07 LCU per US$, end period, in 1973.

That places Ethiopia 38th out of 51 countries with data for 2011, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1960s 2.5 LCU per US$, end period 2.48 LCU per US$, end period 2.5 LCU per US$, end period 10
1970s 2.16 LCU per US$, end period 2.07 LCU per US$, end period 2.5 LCU per US$, end period 10
1980s 2.07 LCU per US$, end period 2.07 LCU per US$, end period 2.07 LCU per US$, end period 10
1990s 5.53 LCU per US$, end period 2.07 LCU per US$, end period 8.13 LCU per US$, end period 10
2000s 9.2 LCU per US$, end period 8.31 LCU per US$, end period 12.64 LCU per US$, end period 10
2010s 16.88 LCU per US$, end period 16.55 LCU per US$, end period 17.21 LCU per US$, end period 2

Countries ranked near Ethiopia

  1. 35 Gambia 30.24 LCU per US$, end period compare
  2. 36 Mauritius 29.33 LCU per US$, end period compare
  3. 37 Mozambique 27.31 LCU per US$, end period compare
  4. 39 Eritrea 15.38 LCU per US$, end period compare
  5. 40 Seychelles 13.72 LCU per US$, end period compare
  6. 41 Morocco 8.25 LCU per US$, end period compare

See the full ranking of 51 places →

More reference data data for Ethiopia

All data for Ethiopia →

Frequently asked questions

What is official exchange rate in Ethiopia?
Official exchange rate in Ethiopia was 17.21 LCU per US$, end period in 2011, according to International Monetary Fund, International Financial Statistics.
What is the highest official exchange rate recorded in Ethiopia?
The highest recorded value was 17.21 LCU per US$, end period in 2011.
What is the lowest official exchange rate recorded in Ethiopia?
The lowest recorded value was 2.07 LCU per US$, end period in 1973.
How does Ethiopia rank for official exchange rate?
Ethiopia ranks 38th out of 51 countries with data for 2011.
Is official exchange rate rising or falling in Ethiopia?
Over the last ten years it is up 101.1%. The long-run trend across the full record is volatile.
Where does this Ethiopia data come from?
The figures come from International Monetary Fund, International Financial Statistics, published as part of Official exchange rate (LCU per US$, end period). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.