Official exchange rate in Madagascar
Madagascar: Official exchange rate was 2,247 LCU per US$, end period in 2011. ◆ Volatile
Official exchange rate in Madagascar, 1960–2011
Source: International Monetary Fund, International Financial Statistics. Measured in LCU per US$, 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$, end period, in 1979.
Madagascar ranks 5th of 51 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Official exchange rate in Madagascar, year by year
| Year | LCU per US$, end period | Change |
|---|---|---|
| 1960 | 49.03 LCU per US$, end period | — |
| 1961 | 49.01 LCU per US$, end period | -0.0% |
| 1962 | 49 LCU per US$, end period | -0.0% |
| 1963 | 49.02 LCU per US$, end period | +0.0% |
| 1964 | 49 LCU per US$, end period | -0.0% |
| 1965 | 49.02 LCU per US$, end period | +0.0% |
| 1966 | 49.52 LCU per US$, end period | +1.0% |
| 1967 | 49.09 LCU per US$, end period | -0.9% |
| 1968 | 49.48 LCU per US$, end period | +0.8% |
| 1969 | 55.58 LCU per US$, end period | +12.3% |
| 1970 | 55.2 LCU per US$, end period | -0.7% |
| 1971 | 52.24 LCU per US$, end period | -5.4% |
| 1972 | 51.21 LCU per US$, end period | -2.0% |
| 1973 | 47.09 LCU per US$, end period | -8.1% |
| 1974 | 44.45 LCU per US$, end period | -5.6% |
| 1975 | 44.85 LCU per US$, end period | +0.9% |
| 1976 | 49.7 LCU per US$, end period | +10.8% |
| 1977 | 47.05 LCU per US$, end period | -5.3% |
| 1978 | 41.8 LCU per US$, end period | -11.2% |
| 1979 | 40.2 LCU per US$, end period | -3.8% |
| 1980 | 45.16 LCU per US$, end period | +12.3% |
| 1981 | 57.48 LCU per US$, end period | +27.3% |
| 1982 | 73.54 LCU per US$, end period | +27.9% |
| 1983 | 98.43 LCU per US$, end period | +33.8% |
| 1984 | 131.6 LCU per US$, end period | +33.7% |
| 1985 | 127.16 LCU per US$, end period | -3.4% |
| 1986 | 153.96 LCU per US$, end period | +21.1% |
| 1987 | 246.85 LCU per US$, end period | +60.3% |
| 1988 | 305.29 LCU per US$, end period | +23.7% |
| 1989 | 306.51 LCU per US$, end period | +0.4% |
| 1990 | 293.17 LCU per US$, end period | -4.4% |
| 1991 | 366.53 LCU per US$, end period | +25.0% |
| 1992 | 382.03 LCU per US$, end period | +4.2% |
| 1993 | 392.53 LCU per US$, end period | +2.7% |
| 1994 | 774.22 LCU per US$, end period | +97.2% |
| 1995 | 684.59 LCU per US$, end period | -11.6% |
| 1996 | 865.69 LCU per US$, end period | +26.5% |
| 1997 | 1,057 LCU per US$, end period | +22.1% |
| 1998 | 1,080 LCU per US$, end period | +2.2% |
| 1999 | 1,309 LCU per US$, end period | +21.1% |
| 2000 | 1,310 LCU per US$, end period | +0.1% |
| 2001 | 1,326 LCU per US$, end period | +1.2% |
| 2002 | 1,287 LCU per US$, end period | -3.0% |
| 2003 | 1,220 LCU per US$, end period | -5.2% |
| 2004 | 1,869 LCU per US$, end period | +53.3% |
| 2005 | 2,160 LCU per US$, end period | +15.5% |
| 2006 | 2,014 LCU per US$, end period | -6.8% |
| 2007 | 1,787 LCU per US$, end period | -11.3% |
| 2008 | 1,860 LCU per US$, end period | +4.1% |
| 2009 | 1,955 LCU per US$, end period | +5.1% |
| 2010 | 2,146 LCU per US$, end period | +9.8% |
| 2011 | 2,247 LCU per US$, end period | +4.7% |
Madagascar compared with similar countries
- Madagascar's 2,247 LCU per US$, end period is above the median for low income countries, which is 506.96 LCU per US$, end period, 4.4× the median. (19 countries reporting)
- Madagascar's 2,247 LCU per US$, end period is above the median for Sub-Saharan Africa, which is 494.28 LCU per US$, end period, 4.5× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Official exchange rate in Madagascar 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 |
|---|---|---|---|
| 1994 | +97.2% | 392.53 LCU per US$, end period | 774.22 LCU per US$, end period |
| 1987 | +60.3% | 153.96 LCU per US$, end period | 246.85 LCU per US$, end period |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Madagascar
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4459 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 4.82 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 5.9 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.4503 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 5.9 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.5 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.43 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 26.56 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 32.81 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 2.45 (2050)
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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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.