Official exchange rate (LCU per US$, end period) in Gambia
Gambia: Official exchange rate (LCU per US$, end period) 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
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.
Official exchange rate (LCU per US$, end period) in Gambia, year by year
| Year | LCU per US$, end period | Change |
|---|---|---|
| 1960 | 2.4 LCU per US$, end period | — |
| 1961 | 2.4 LCU per US$, end period | +0.2% |
| 1962 | 2.4 LCU per US$, end period | -0.2% |
| 1963 | 2.39 LCU per US$, end period | -0.2% |
| 1964 | 2.38 LCU per US$, end period | -0.2% |
| 1965 | 2.4 LCU per US$, end period | +0.5% |
| 1966 | 2.38 LCU per US$, end period | -0.4% |
| 1967 | 2.06 LCU per US$, end period | -13.8% |
| 1968 | 2.04 LCU per US$, end period | -0.9% |
| 1969 | 2.05 LCU per US$, end period | +0.7% |
| 1970 | 2.05 LCU per US$, end period | -0.3% |
| 1971 | 1.96 LCU per US$, end period | -4.2% |
| 1972 | 2.13 LCU per US$, end period | +8.7% |
| 1973 | 1.72 LCU per US$, end period | -19.1% |
| 1974 | 1.7 LCU per US$, end period | -1.1% |
| 1975 | 1.98 LCU per US$, end period | +16.1% |
| 1976 | 2.35 LCU per US$, end period | +18.9% |
| 1977 | 2.1 LCU per US$, end period | -10.7% |
| 1978 | 1.97 LCU per US$, end period | -6.3% |
| 1979 | 1.8 LCU per US$, end period | -8.5% |
| 1980 | 1.68 LCU per US$, end period | -6.8% |
| 1981 | 2.1 LCU per US$, end period | +25.0% |
| 1982 | 2.48 LCU per US$, end period | +18.2% |
| 1983 | 2.76 LCU per US$, end period | +11.3% |
| 1984 | 4.32 LCU per US$, end period | +56.8% |
| 1985 | 3.46 LCU per US$, end period | -19.9% |
| 1986 | 7.43 LCU per US$, end period | +114.5% |
| 1987 | 6.44 LCU per US$, end period | -13.3% |
| 1988 | 6.66 LCU per US$, end period | +3.4% |
| 1989 | 8.32 LCU per US$, end period | +24.9% |
| 1990 | 7.49 LCU per US$, end period | -9.9% |
| 1991 | 8.74 LCU per US$, end period | +16.6% |
| 1992 | 9.3 LCU per US$, end period | +6.4% |
| 1993 | 9.53 LCU per US$, end period | +2.5% |
| 1994 | 9.58 LCU per US$, end period | +0.5% |
| 1995 | 9.65 LCU per US$, end period | +0.7% |
| 1996 | 9.89 LCU per US$, end period | +2.5% |
| 1997 | 10.53 LCU per US$, end period | +6.4% |
| 1998 | 10.99 LCU per US$, end period | +4.4% |
| 1999 | 11.55 LCU per US$, end period | +5.1% |
| 2000 | 14.89 LCU per US$, end period | +28.9% |
| 2001 | 16.93 LCU per US$, end period | +13.7% |
| 2002 | 23.39 LCU per US$, end period | +38.2% |
| 2003 | 30.96 LCU per US$, end period | +32.3% |
| 2004 | 29.67 LCU per US$, end period | -4.1% |
| 2005 | 28.13 LCU per US$, end period | -5.2% |
| 2006 | 28.05 LCU per US$, end period | -0.3% |
| 2007 | 22.54 LCU per US$, end period | -19.6% |
| 2008 | 26.54 LCU per US$, end period | +17.8% |
| 2009 | 26.94 LCU per US$, end period | +1.5% |
| 2010 | 28.39 LCU per US$, end period | +5.4% |
| 2011 | 30.24 LCU per US$, end period | +6.5% |
Gambia compared with similar countries
- Gambia's 30.24 LCU per US$, end period is below the median for low income countries, which is 506.96 LCU per US$, end period, 6% of the median. (19 countries reporting)
- Gambia's 30.24 LCU per US$, end period is below the median for Sub-Saharan Africa, which is 494.28 LCU per US$, end period, 6% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Official exchange rate (LCU per US$, end period) in Gambia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | +114.5% | 3.46 LCU per US$, end period | 7.43 LCU per US$, end period |
| 1984 | +56.8% | 2.76 LCU per US$, end period | 4.32 LCU per US$, end period |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.29 LCU per US$, 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$, end period | 2 |
Countries ranked near Gambia
- 32 Cape Verde 84.99 LCU per US$, end period compare
- 33 Algeria 73.72 LCU per US$, end period compare
- 34 Liberia 72.5 LCU per US$, end period compare
- 36 Mauritius 29.33 LCU per US$, end period compare
- 37 Mozambique 27.31 LCU per US$, end period compare
- 38 Ethiopia 17.21 LCU per US$, end period compare
More reference data data for Gambia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0121 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.2798 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.3524 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0232 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.3524 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0407 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0331 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.36 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.72 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1264 (2050)
Frequently asked questions
- What is official exchange rate in Gambia?
- Official exchange rate in Gambia was 30.24 LCU per US$, 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
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.