Official exchange rate in Tanzania
Tanzania: Official exchange rate was 1,572 LCU per US$, end period in 2011. ◆ Volatile
Official exchange rate in Tanzania, 1960–2011
Source: International Monetary Fund, International Financial Statistics. Measured in LCU per US$, end period.
Analysis
In 2011, official exchange rate in Tanzania stood at 1,572 LCU per US$, end period. That is the highest value across all 52 years on record.
Compared with earlier readings it is up 8.0% on the previous year and up 71.5% over ten years.
Over the whole period, official exchange rate in Tanzania peaked at 1,572 LCU per US$, end period in 2011 and was at its lowest, 6.9 LCU per US$, end period, in 1973.
That places Tanzania 7th out of 51 countries with data for 2011, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Official exchange rate in Tanzania, year by year
| Year | LCU per US$, end period | Change |
|---|---|---|
| 1960 | 7.14 LCU per US$, end period | — |
| 1961 | 7.14 LCU per US$, end period | +0.0% |
| 1962 | 7.14 LCU per US$, end period | +0.0% |
| 1963 | 7.14 LCU per US$, end period | +0.0% |
| 1964 | 7.14 LCU per US$, end period | +0.0% |
| 1965 | 7.14 LCU per US$, end period | +0.0% |
| 1966 | 7.14 LCU per US$, end period | +0.0% |
| 1967 | 7.14 LCU per US$, end period | +0.0% |
| 1968 | 7.14 LCU per US$, end period | +0.0% |
| 1969 | 7.14 LCU per US$, end period | +0.0% |
| 1970 | 7.14 LCU per US$, end period | +0.0% |
| 1971 | 7.14 LCU per US$, end period | +0.0% |
| 1972 | 7.14 LCU per US$, end period | +0.0% |
| 1973 | 6.9 LCU per US$, end period | -3.4% |
| 1974 | 7.14 LCU per US$, end period | +3.5% |
| 1975 | 8.26 LCU per US$, end period | +15.7% |
| 1976 | 8.32 LCU per US$, end period | +0.7% |
| 1977 | 7.96 LCU per US$, end period | -4.4% |
| 1978 | 7.41 LCU per US$, end period | -6.8% |
| 1979 | 8.22 LCU per US$, end period | +10.9% |
| 1980 | 8.18 LCU per US$, end period | -0.5% |
| 1981 | 8.32 LCU per US$, end period | +1.7% |
| 1982 | 9.57 LCU per US$, end period | +15.0% |
| 1983 | 12.46 LCU per US$, end period | +30.2% |
| 1984 | 18.11 LCU per US$, end period | +45.3% |
| 1985 | 16.5 LCU per US$, end period | -8.9% |
| 1986 | 51.72 LCU per US$, end period | +213.5% |
| 1987 | 83.72 LCU per US$, end period | +61.9% |
| 1988 | 125 LCU per US$, end period | +49.3% |
| 1989 | 192.3 LCU per US$, end period | +53.8% |
| 1990 | 196.6 LCU per US$, end period | +2.2% |
| 1991 | 233.9 LCU per US$, end period | +19.0% |
| 1992 | 335 LCU per US$, end period | +43.2% |
| 1993 | 479.87 LCU per US$, end period | +43.2% |
| 1994 | 523.45 LCU per US$, end period | +9.1% |
| 1995 | 550.36 LCU per US$, end period | +5.1% |
| 1996 | 595.64 LCU per US$, end period | +8.2% |
| 1997 | 624.57 LCU per US$, end period | +4.9% |
| 1998 | 681 LCU per US$, end period | +9.0% |
| 1999 | 797.33 LCU per US$, end period | +17.1% |
| 2000 | 803.26 LCU per US$, end period | +0.7% |
| 2001 | 916.3 LCU per US$, end period | +14.1% |
| 2002 | 976.3 LCU per US$, end period | +6.5% |
| 2003 | 1,064 LCU per US$, end period | +8.9% |
| 2004 | 1,043 LCU per US$, end period | -1.9% |
| 2005 | 1,166 LCU per US$, end period | +11.8% |
| 2006 | 1,262 LCU per US$, end period | +8.2% |
| 2007 | 1,132 LCU per US$, end period | -10.3% |
| 2008 | 1,280 LCU per US$, end period | +13.1% |
| 2009 | 1,327 LCU per US$, end period | +3.6% |
| 2010 | 1,455 LCU per US$, end period | +9.7% |
| 2011 | 1,572 LCU per US$, end period | +8.0% |
Tanzania compared with similar countries
- Tanzania's 1,572 LCU per US$, end period is above the median for lower middle income countries, which is 233.11 LCU per US$, end period, 6.7× the median. (24 countries reporting)
- Tanzania's 1,572 LCU per US$, end period is above the median for Sub-Saharan Africa, which is 494.28 LCU per US$, end period, 3.2× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Official exchange rate in Tanzania 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 | +213.5% | 16.5 LCU per US$, end period | 51.72 LCU per US$, end period |
| 1987 | +61.9% | 51.72 LCU per US$, end period | 83.72 LCU per US$, end period |
| 1989 | +53.8% | 125 LCU per US$, end period | 192.3 LCU per US$, end period |
| 1988 | +49.3% | 83.72 LCU per US$, end period | 125 LCU per US$, end period |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.14 LCU per US$, end period | 7.14 LCU per US$, end period | 7.14 LCU per US$, end period | 10 |
| 1970s | 7.57 LCU per US$, end period | 6.9 LCU per US$, end period | 8.32 LCU per US$, end period | 10 |
| 1980s | 52.59 LCU per US$, end period | 8.18 LCU per US$, end period | 192.3 LCU per US$, end period | 10 |
| 1990s | 501.77 LCU per US$, end period | 196.6 LCU per US$, end period | 797.33 LCU per US$, end period | 10 |
| 2000s | 1,097 LCU per US$, end period | 803.26 LCU per US$, end period | 1,327 LCU per US$, end period | 10 |
| 2010s | 1,513 LCU per US$, end period | 1,455 LCU per US$, end period | 1,572 LCU per US$, end period | 2 |
Countries ranked near Tanzania
- 4 Sierra Leone 3,816 LCU per US$, end period compare
- 5 Madagascar 2,247 LCU per US$, end period compare
- 6 Uganda 2,111 LCU per US$, end period compare
- 8 Burundi 1,000 LCU per US$, end period compare
- 9 Democratic Republic of Congo 910.65 LCU per US$, end period compare
- 10 Rwanda 604.14 LCU per US$, end period compare
More reference data data for Tanzania
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.6405 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 11.44 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 14.14 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.7582 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 14.14 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.15 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.26 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 59.37 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 72.45 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 4.13 (2050)
Frequently asked questions
- What is official exchange rate in Tanzania?
- Official exchange rate in Tanzania was 1,572 LCU per US$, end period in 2011, according to International Monetary Fund, International Financial Statistics.
- What is the highest official exchange rate recorded in Tanzania?
- The highest recorded value was 1,572 LCU per US$, end period in 2011.
- What is the lowest official exchange rate recorded in Tanzania?
- The lowest recorded value was 6.9 LCU per US$, end period in 1973.
- How does Tanzania rank for official exchange rate?
- Tanzania ranks 7th out of 51 countries with data for 2011.
- Is official exchange rate rising or falling in Tanzania?
- Over the last ten years it is up 71.5%. The long-run trend across the full record is volatile.
- Where does this Tanzania data come from?
- The figures come from International Monetary Fund, International Financial Statistics, published as part of Official exchange rate (LCU per US$, end period). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 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.