Official exchange rate in Gambia

Gambia: Official exchange rate was 30.24 LCU per US$, end period in 2011. ◆ Volatile

Latest (2011)
30.24 LCU per US$, end period
Change on year
up 6.5%
World rank
35th
of 51 countries
All-time high
30.96 LCU per US$, end period
in 2003
All-time low
1.68 LCU per US$, end period
in 1980
Years of data
52
1960–2011

Official exchange rate in Gambia, 1960–2011

0102030196019852011

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

Analysis

In 2011, official exchange rate in Gambia stood at 30.24 LCU per US$, end period.

That represents a change of up 6.5% on the previous year and up 78.6% over ten years.

Over the whole period, official exchange rate in Gambia peaked at 30.96 LCU per US$, end period in 2003 and was at its lowest, 1.68 LCU per US$, end period, in 1980.

That places Gambia 35th 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 2.29 LCU per US$, end period 2.04 LCU per US$, end period 2.4 LCU per US$, end period 10
1970s 1.97 LCU per US$, end period 1.7 LCU per US$, end period 2.35 LCU per US$, end period 10
1980s 4.56 LCU per US$, end period 1.68 LCU per US$, end period 8.32 LCU per US$, end period 10
1990s 9.73 LCU per US$, end period 7.49 LCU per US$, end period 11.55 LCU per US$, end period 10
2000s 24.8 LCU per US$, end period 14.89 LCU per US$, end period 30.96 LCU per US$, end period 10
2010s 29.31 LCU per US$, end period 28.39 LCU per US$, end period 30.24 LCU per US$, end period 2

Countries ranked near Gambia

  1. 32 Cape Verde 84.99 LCU per US$, end period compare
  2. 33 Algeria 73.72 LCU per US$, end period compare
  3. 34 Liberia 72.5 LCU per US$, end period compare
  4. 36 Mauritius 29.33 LCU per US$, end period compare
  5. 37 Mozambique 27.31 LCU per US$, end period compare
  6. 38 Ethiopia 17.21 LCU per US$, end period compare

See the full ranking of 51 places →

More reference data data for Gambia

All data for Gambia →

Frequently asked questions

What is official exchange rate in Gambia?
Official exchange rate in Gambia was 30.24 LCU per US$, end period in 2011, according to International Monetary Fund, International Financial Statistics.
What is the highest official exchange rate recorded in Gambia?
The highest recorded value was 30.96 LCU per US$, end period in 2003.
What is the lowest official exchange rate recorded in Gambia?
The lowest recorded value was 1.68 LCU per US$, end period in 1980.
How does Gambia rank for official exchange rate?
Gambia ranks 35th out of 51 countries with data for 2011.
Is official exchange rate rising or falling in Gambia?
Over the last ten years it is up 78.6%. The long-run trend across the full record is volatile.
Where does this Gambia data come from?
The figures come from International Monetary Fund, International Financial Statistics, published as part of Official exchange rate (LCU per US$, end period). Statizoid updates them automatically from the source API.

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About this data

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.