Official exchange rate in Madagascar

Madagascar: Official exchange rate was 2,247 LCU per US$, end period in 2011. ◆ Volatile

Latest (2011)
2,247 LCU per US$, end period
Change on year
up 4.7%
World rank
5th
of 51 countries
All-time high
2,247 LCU per US$, end period
in 2011
All-time low
40.2 LCU per US$, end period
in 1979
Years of data
52
1960–2011

Official exchange rate in Madagascar, 1960–2011

05001.0k1.5k2.0k196019852011

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

Analysis

The most recent figure for official exchange rate in Madagascar is 2,247 LCU per US$, end period, measured in 2011. That is the highest value across all 52 years on record.

Compared with earlier readings it is up 4.7% on the previous year and up 69.5% over ten years.

Over the whole period, official exchange rate in Madagascar peaked at 2,247 LCU per US$, end period in 2011 and was at its lowest, 40.2 LCU per US$, end period, in 1979.

Madagascar ranks 5th 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.

Averages by decade

DecadeAverage LowestHighest Years
1960s 49.77 LCU per US$, end period 49 LCU per US$, end period 55.58 LCU per US$, end period 10
1970s 47.38 LCU per US$, end period 40.2 LCU per US$, end period 55.2 LCU per US$, end period 10
1980s 154.6 LCU per US$, end period 45.16 LCU per US$, end period 306.51 LCU per US$, end period 10
1990s 720.48 LCU per US$, end period 293.17 LCU per US$, end period 1,309 LCU per US$, end period 10
2000s 1,679 LCU per US$, end period 1,220 LCU per US$, end period 2,160 LCU per US$, end period 10
2010s 2,197 LCU per US$, end period 2,146 LCU per US$, end period 2,247 LCU per US$, end period 2

Countries ranked near Madagascar

  1. 2 Guinea 5,793 LCU per US$, end period compare
  2. 3 Zambia 5,117 LCU per US$, end period compare
  3. 4 Sierra Leone 3,816 LCU per US$, end period compare
  4. 6 Uganda 2,111 LCU per US$, end period compare
  5. 7 Tanzania 1,572 LCU per US$, end period compare
  6. 8 Burundi 1,000 LCU per US$, end period compare

See the full ranking of 51 places →

More reference data data for Madagascar

All data for Madagascar →

Frequently asked questions

What is official exchange rate in Madagascar?
Official exchange rate in Madagascar was 2,247 LCU per US$, end period in 2011, according to International Monetary Fund, International Financial Statistics.
What is the highest official exchange rate recorded in Madagascar?
The highest recorded value was 2,247 LCU per US$, end period in 2011.
What is the lowest official exchange rate recorded in Madagascar?
The lowest recorded value was 40.2 LCU per US$, end period in 1979.
How does Madagascar rank for official exchange rate?
Madagascar ranks 5th out of 51 countries with data for 2011.
Is official exchange rate rising or falling in Madagascar?
Over the last ten years it is up 69.5%. The long-run trend across the full record is volatile.
Where does this Madagascar data come from?
The figures come from International Monetary Fund, International Financial Statistics, published as part of Official exchange rate (LCU per US$, end period). Statizoid updates them automatically from the source API.

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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.