Official exchange rate in Guinea
Guinea: Official exchange rate was 5,793 LCU per US$, end period in 2011. ◆ Volatile
Latest (2011)
5,793 LCU per US$, end period
Change on year
up 1.9%
World rank
2nd
of 51 countries
All-time high
5,793 LCU per US$, end period
in 2011
All-time low
18.74 LCU per US$, end period
in 1979
Years of data
47
1965–2011
Official exchange rate in Guinea, 1965–2011
Source: International Monetary Fund, International Financial Statistics. Measured in LCU per US$, end period.
Analysis
In 2011, official exchange rate in Guinea stood at 5,793 LCU per US$, end period. That is the highest value across all 47 years on record.
That represents a change of up 1.9% on the previous year and up 191.4% over ten years.
Over the whole period, official exchange rate in Guinea peaked at 5,793 LCU per US$, end period in 2011 and was at its lowest, 18.74 LCU per US$, end period, in 1979.
Guinea ranks 2nd of 51 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Official exchange rate in Guinea, year by year
| Year | LCU per US$, end period | Change |
|---|---|---|
| 1965 | 24.68 LCU per US$, end period | — |
| 1966 | 24.68 LCU per US$, end period | +0.0% |
| 1967 | 24.68 LCU per US$, end period | +0.0% |
| 1968 | 24.68 LCU per US$, end period | +0.0% |
| 1969 | 24.68 LCU per US$, end period | +0.0% |
| 1970 | 24.68 LCU per US$, end period | +0.0% |
| 1971 | 22.74 LCU per US$, end period | -7.9% |
| 1972 | 22.74 LCU per US$, end period | +0.0% |
| 1973 | 20.65 LCU per US$, end period | -9.2% |
| 1974 | 20.65 LCU per US$, end period | +0.0% |
| 1975 | 21.09 LCU per US$, end period | +2.1% |
| 1976 | 21.25 LCU per US$, end period | +0.8% |
| 1977 | 20.32 LCU per US$, end period | -4.4% |
| 1978 | 18.95 LCU per US$, end period | -6.8% |
| 1979 | 18.74 LCU per US$, end period | -1.1% |
| 1980 | 19.35 LCU per US$, end period | +3.3% |
| 1981 | 21.21 LCU per US$, end period | +9.6% |
| 1982 | 22.38 LCU per US$, end period | +5.5% |
| 1983 | 23.58 LCU per US$, end period | +5.4% |
| 1984 | 25.18 LCU per US$, end period | +6.8% |
| 1985 | 22.47 LCU per US$, end period | -10.8% |
| 1986 | 390 LCU per US$, end period | +1635.4% |
| 1987 | 440 LCU per US$, end period | +12.8% |
| 1988 | 550 LCU per US$, end period | +25.0% |
| 1989 | 620 LCU per US$, end period | +12.7% |
| 1990 | 680 LCU per US$, end period | +9.7% |
| 1991 | 802.9 LCU per US$, end period | +18.1% |
| 1992 | 922.4 LCU per US$, end period | +14.9% |
| 1993 | 972.4 LCU per US$, end period | +5.4% |
| 1994 | 981.02 LCU per US$, end period | +0.9% |
| 1995 | 998 LCU per US$, end period | +1.7% |
| 1996 | 1,035 LCU per US$, end period | +3.7% |
| 1997 | 1,144 LCU per US$, end period | +10.6% |
| 1998 | 1,298 LCU per US$, end period | +13.4% |
| 1999 | 1,736 LCU per US$, end period | +33.7% |
| 2000 | 1,882 LCU per US$, end period | +8.4% |
| 2001 | 1,988 LCU per US$, end period | +5.6% |
| 2002 | 1,976 LCU per US$, end period | -0.6% |
| 2003 | 2,000 LCU per US$, end period | +1.2% |
| 2004 | 2,550 LCU per US$, end period | +27.5% |
| 2005 | 4,500 LCU per US$, end period | +76.5% |
| 2006 | 5,650 LCU per US$, end period | +25.6% |
| 2007 | 4,182 LCU per US$, end period | -26.0% |
| 2008 | 5,161 LCU per US$, end period | +23.4% |
| 2009 | 5,471 LCU per US$, end period | +6.0% |
| 2010 | 5,683 LCU per US$, end period | +3.9% |
| 2011 | 5,793 LCU per US$, end period | +1.9% |
Guinea compared with similar countries
- Guinea's 5,793 LCU per US$, end period is above the median for lower middle income countries, which is 233.11 LCU per US$, end period, 24.9× the median. (24 countries reporting)
- Guinea's 5,793 LCU per US$, end period is above the median for Sub-Saharan Africa, which is 494.28 LCU per US$, end period, 11.7× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Official exchange rate in Guinea 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 | +1635.4% | 22.47 LCU per US$, end period | 390 LCU per US$, end period |
| 2005 | +76.5% | 2,550 LCU per US$, end period | 4,500 LCU per US$, end period |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 24.68 LCU per US$, end period | 24.68 LCU per US$, end period | 24.68 LCU per US$, end period | 5 |
| 1970s | 21.18 LCU per US$, end period | 18.74 LCU per US$, end period | 24.68 LCU per US$, end period | 10 |
| 1980s | 213.42 LCU per US$, end period | 19.35 LCU per US$, end period | 620 LCU per US$, end period | 10 |
| 1990s | 1,057 LCU per US$, end period | 680 LCU per US$, end period | 1,736 LCU per US$, end period | 10 |
| 2000s | 3,536 LCU per US$, end period | 1,882 LCU per US$, end period | 5,650 LCU per US$, end period | 10 |
| 2010s | 5,738 LCU per US$, end period | 5,683 LCU per US$, end period | 5,793 LCU per US$, end period | 2 |
Countries ranked near Guinea
- 1 Sao Tome and Principe 18,935 LCU per US$, end period compare
- 3 Zambia 5,117 LCU per US$, end period compare
- 4 Sierra Leone 3,816 LCU per US$, end period compare
- 5 Madagascar 2,247 LCU per US$, end period compare
More reference data data for Guinea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.111 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.56 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.05 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2883 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.05 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.3722 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2242 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 13.37 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 16 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.57 (2050)
Frequently asked questions
- What is official exchange rate in Guinea?
- Official exchange rate in Guinea was 5,793 LCU per US$, end period in 2011, according to International Monetary Fund, International Financial Statistics.
- What is the highest official exchange rate recorded in Guinea?
- The highest recorded value was 5,793 LCU per US$, end period in 2011.
- What is the lowest official exchange rate recorded in Guinea?
- The lowest recorded value was 18.74 LCU per US$, end period in 1979.
- How does Guinea rank for official exchange rate?
- Guinea ranks 2nd out of 51 countries with data for 2011.
- Is official exchange rate rising or falling in Guinea?
- Over the last ten years it is up 191.4%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from International Monetary Fund, International Financial Statistics, published as part of Official exchange rate (LCU per US$, end period). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.