Official exchange rate in Namibia
Namibia: Official exchange rate was 8.14 LCU per US$, end period in 2011. ◆ Volatile
Official exchange rate in Namibia, 1961–2011
Source: International Monetary Fund, International Financial Statistics. Measured in LCU per US$, end period.
Analysis
Namibia recorded 8.14 LCU per US$, end period for official exchange rate in 2011.
Compared with earlier readings it is up 22.8% on the previous year and down 32.9% over ten years.
Over the whole period, official exchange rate in Namibia peaked at 12.13 LCU per US$, end period in 2001 and was at its lowest, 0.6712 LCU per US$, end period, in 1973.
That places Namibia 42nd out of 51 countries with data for 2011, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Official exchange rate in Namibia, year by year
| Year | LCU per US$, end period | Change |
|---|---|---|
| 1961 | 0.7133 LCU per US$, end period | — |
| 1962 | 0.7146 LCU per US$, end period | +0.2% |
| 1963 | 0.7162 LCU per US$, end period | +0.2% |
| 1964 | 0.7178 LCU per US$, end period | +0.2% |
| 1965 | 0.7144 LCU per US$, end period | -0.5% |
| 1966 | 0.7177 LCU per US$, end period | +0.5% |
| 1967 | 0.7134 LCU per US$, end period | -0.6% |
| 1968 | 0.7196 LCU per US$, end period | +0.9% |
| 1969 | 0.7149 LCU per US$, end period | -0.6% |
| 1970 | 0.7172 LCU per US$, end period | +0.3% |
| 1971 | 0.7653 LCU per US$, end period | +6.7% |
| 1972 | 0.7829 LCU per US$, end period | +2.3% |
| 1973 | 0.6712 LCU per US$, end period | -14.3% |
| 1974 | 0.6896 LCU per US$, end period | +2.8% |
| 1975 | 0.8696 LCU per US$, end period | +26.1% |
| 1976 | 0.8696 LCU per US$, end period | +0.0% |
| 1977 | 0.8696 LCU per US$, end period | +0.0% |
| 1978 | 0.8696 LCU per US$, end period | +0.0% |
| 1979 | 0.8269 LCU per US$, end period | -4.9% |
| 1980 | 0.7454 LCU per US$, end period | -9.9% |
| 1981 | 0.9566 LCU per US$, end period | +28.3% |
| 1982 | 1.08 LCU per US$, end period | +12.5% |
| 1983 | 1.22 LCU per US$, end period | +13.5% |
| 1984 | 1.98 LCU per US$, end period | +62.4% |
| 1985 | 2.56 LCU per US$, end period | +28.8% |
| 1986 | 2.18 LCU per US$, end period | -14.6% |
| 1987 | 1.93 LCU per US$, end period | -11.6% |
| 1988 | 2.38 LCU per US$, end period | +23.2% |
| 1989 | 2.54 LCU per US$, end period | +6.7% |
| 1990 | 2.56 LCU per US$, end period | +1.0% |
| 1991 | 2.74 LCU per US$, end period | +7.0% |
| 1992 | 3.05 LCU per US$, end period | +11.3% |
| 1993 | 3.4 LCU per US$, end period | +11.3% |
| 1994 | 3.54 LCU per US$, end period | +4.3% |
| 1995 | 3.65 LCU per US$, end period | +2.9% |
| 1996 | 4.68 LCU per US$, end period | +28.4% |
| 1997 | 4.87 LCU per US$, end period | +4.0% |
| 1998 | 5.86 LCU per US$, end period | +20.4% |
| 1999 | 6.15 LCU per US$, end period | +5.0% |
| 2000 | 7.57 LCU per US$, end period | +23.0% |
| 2001 | 12.13 LCU per US$, end period | +60.2% |
| 2002 | 8.64 LCU per US$, end period | -28.8% |
| 2003 | 6.64 LCU per US$, end period | -23.1% |
| 2004 | 5.63 LCU per US$, end period | -15.2% |
| 2005 | 6.33 LCU per US$, end period | +12.3% |
| 2006 | 6.97 LCU per US$, end period | +10.2% |
| 2007 | 6.81 LCU per US$, end period | -2.3% |
| 2008 | 9.3 LCU per US$, end period | +36.6% |
| 2009 | 7.38 LCU per US$, end period | -20.7% |
| 2010 | 6.63 LCU per US$, end period | -10.1% |
| 2011 | 8.14 LCU per US$, end period | +22.8% |
Namibia compared with similar countries
- Namibia's 8.14 LCU per US$, end period is below the median for lower middle income countries, which is 233.11 LCU per US$, end period, 3% of the median. (24 countries reporting)
- Namibia's 8.14 LCU per US$, end period is below the median for Sub-Saharan Africa, which is 494.28 LCU per US$, end period, 2% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.7158 LCU per US$, end period | 0.7133 LCU per US$, end period | 0.7196 LCU per US$, end period | 9 |
| 1970s | 0.7931 LCU per US$, end period | 0.6712 LCU per US$, end period | 0.8696 LCU per US$, end period | 10 |
| 1980s | 1.76 LCU per US$, end period | 0.7454 LCU per US$, end period | 2.56 LCU per US$, end period | 10 |
| 1990s | 4.05 LCU per US$, end period | 2.56 LCU per US$, end period | 6.15 LCU per US$, end period | 10 |
| 2000s | 7.74 LCU per US$, end period | 5.63 LCU per US$, end period | 12.13 LCU per US$, end period | 10 |
| 2010s | 7.39 LCU per US$, end period | 6.63 LCU per US$, end period | 8.14 LCU per US$, end period | 2 |
Countries ranked near Namibia
More reference data data for Namibia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0579 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.52 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0157 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.62 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.194 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1306 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 6.29 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 6.82 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0853 (2050)
Frequently asked questions
- What is official exchange rate in Namibia?
- Official exchange rate in Namibia was 8.14 LCU per US$, end period in 2011, according to International Monetary Fund, International Financial Statistics.
- What is the highest official exchange rate recorded in Namibia?
- The highest recorded value was 12.13 LCU per US$, end period in 2001.
- What is the lowest official exchange rate recorded in Namibia?
- The lowest recorded value was 0.6712 LCU per US$, end period in 1973.
- How does Namibia rank for official exchange rate?
- Namibia ranks 42nd out of 51 countries with data for 2011.
- Is official exchange rate rising or falling in Namibia?
- Over the last ten years it is down 32.9%. The long-run trend across the full record is volatile.
- Where does this Namibia 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.